Mastercard, Microsoft Join Forces to Advance Digital Identity Innovations
PURCHASE, N.Y. and REDMOND, Wash. – December 3, 2018 – Mastercard (NYSE: MA) and Microsoft (Nasdaq “MSFT” @microsoft) today announced a strategic collaboration to improve how people manage and use their digital identity.
Mastercard and Microsoft
Currently, verifying your identity online is still dependent on physical or digital proof managed by a central party, whether it’s your passport number, your proof of address, driver’s license, user credentials or other means. This dependence places a huge burden on individuals, who have to successfully remember hundreds of passwords for various identities and are increasingly being subjected to more complexity in proving their identity and managing their data. Working together, Mastercard and Microsoft aim to give people a secure, instant way to verify their digital identity with whomever they want, whenever they want.
The answer to these challenges is a service that would allow individuals to enter, control and share their identity data their way–on the devices they use every day. That’s Mastercard’s intention, working closely with players like Microsoft. “Today’s digital identity landscape is patchy, inconsistent and what works in one country often won’t work in another. We have an opportunity to establish a system that puts people first, giving them control of their identity data and where it is used,” says Ajay Bhalla, president, cyber and intelligence solutions, Mastercard. “Working with Microsoft brings us one step closer to making a globally interoperable digital identity service a reality, and we look forward to sharing more very soon.”
This will help them implement a social credit system like the Chinese in order to suppress all dissent. Mastercard is for poor fags and the microjew… sandbox the cunt in a vm.
voting, driving, applying for a job, renting a home, getting married, and boarding a plane
In a functional nation, you would actually want to require strict identification for all these, which is why I know this is going nowhere. Keyword being "functional" here. The government should use these systems to punish illegals. Instead it will be used to punish the law-abiding. I wouldn't have a problem with "papers, please" if I was able to trust my government.
Also the fact it's microsoft. They're pretty fucking incompetent these days. All it would take is a small bump and they will give up. Something like "cyber-security". Prove the information is available to those with "unscrupulous" intentions.
Ah, and all that juicy data centrally stored, since microsoft is known for its awesome security, it totally won't attract every foreign government and malicious hacker all around the world. It won't be long until it turns in to a massive shit show. They’ll then use zero knowledge proofs. However, idiots will get their identity stolen. Really, there are various challenges, and I expect them to roll out a system that’s only half functional.