Digital immersion is approaching, fueled by AI, impacting personal identity and interactions with services and the state. Real-world assets (RWAs) are transitioning online and central bank digital currencies (CBDCs) are being piloted. Corporations are creating new payment systems, bypassing banks as previously done with VoIP. While this evolution offers 24/7 access and instant approvals, it introduces risks like digital manipulation. The rise of AI deepfakes challenges identity verification, questioning the reliability of visual information in discerning reality versus fabrication.
Privacy isn't a luxury, or even an upgrade. It's a fundamental enabler that allows businesses and end users to engage with blockchain without fear or compromise.
We're already well on the way to this future, and it has a lot to recommend it. Think 24/7 access, instant approvals, seamless processes, and never having to wait 'three to five working days' for anything again.
As AI becomes better and better at replicating the way humans look and sound, we also need new ways to prove our identities.
Truth itself is at stake if we don't have a way to verify what is human and what is AI-generated.
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