"Identity is The One Vulnerability Being Exploited Across All Systems:" Santiago Siri

In this week’s podcast we interview Santiago Siri, who has been working on improving the way democracy works for over a decade. He started from the inside, co-founding a political party in Argentina, his home country, but realized traditional politics would change him before he could change politics. So he started building better representation for the new world and founded Democracy Earth Foundation. It’s worth noting, that he’s been hacked by communists two times in the process.

The Democracy Earth Foundation is developing a project called Proof-of-Humanity. Proof of humanity wants to crack the problem of identity in the decentralized era of web3 -- how to prove who you are without relying on centralized entities. Proof of humanity has been able to create 5,000 on-chain identities in two months. What’s more, all of those in the network are getting streamed UBI token, which stands for universal basic income.

The next step would be for applications in web3 to integrate these identities. The initial use cases in DeFi are pretty obvious, for one, lenders could integrate with proof of humanity to start offering undercollateralized loans. The goal is to give anyone in the world the power to take back their identities away from the web2 world and use them in a system they control.

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