Exclusive: Ghana's John Mahama on his planned presidential comeback
Exclusive: Ghana's John Mahama on his planned presidential comeback
Exclusive: Ghana's John Mahama on his planned presidential comeback
Exclusive: Ghana's John Mahama on his planned presidential comeback
Exclusive: Ghana's John Mahama on his planned presidential comeback
Exclusive: Ghana's John Mahama on his planned presidential comeback
Palau has launched legal digital IDs on the blockchain platform Solana, making it the first-ever sovereign nation to issue legal identities using blockchain technology.
The initiative offers citizens a more secure, efficient, and user-friendly identity management system compared to the traditional methods which sometimes have errors and are prone to fraud.
The legal digital IDs give individuals the opportunity to control their personal information.
Instead of storing data in centralised institutions, users can regulate their data, deciding when and with whom their information is shared.
They are not only safe but also facilitate identity verification for various sectors such as banking, healthcare, travel, and e-commerce.
Palau’s adoption of the technology shows a shift towards more secure and private identity verification methods.
The innovation also sets a new standard for digital identity management globally and provides evidence of how blockchain is able to revolutionise the handling of identities.
