alt Hacker NewsThis is where non-financial use of blockchain could really shine, IMO. Self-sovereign identity management with a smart contract-based process for recovering ids if keys get lost or hacked. Blockchains are pretty out of favor these days, but I really don't see a better solution for decentralized identity management.
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AndrewStephens • today at 2:45 PM
What is the incentive for an individual to participate in a non-financial blockchain?
Bitcoin-style blockchains “work” because everyone gets the possibility of a little reward for all the hassle and non-negligible CPU time of being a node.
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> smart contract-based process for recovering ids if keys get lost or hacked
How would that even work?