Categories: Finance

Julie Inman Grant: “blockchain identification system will help fight aggression on the Internet”

Julie Inman Grant:

Australia’s Electronic Security Commissioner Julie Inman Grant suggested that a blockchain identity solution could help combat harassment and trolling on the Internet.

In an interview with The Sydney Morning Herald, Julie Inman Grant expressed her views on the use of blockchain to combat trolling and online aggression. She noted that people who use anonymity on the Internet to harm others remain a big problem in society.

However, Inman Grant believes blockchain-based digital IDs will help achieve a balance by hiding user data until disclosure is required by law enforcement. She said:

“Internet platform owners can do more in terms of their intelligence, access to advanced technology and massive financial resources, to develop better systems to identify who are on their platforms and violate their rules.”

Many companies around the world are working on the creation of digital identity systems on the blockchain. Last November, Chinese conglomerate Tencent Holdings partnered with ShareRing to launch a new blockchain-based digital identity system that will simplify international travel amid the COVID-19 pandemic.

In the same month, Santander announced the development of a blockchain-based digital identity system in partnership with several banks and oil and gas companies. In addition, in October, Japanese bank Mizuho Bank and credit card issuer JCB announced the development of a digital identity system using the Fujitsu Laboratories blockchain.

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