What is ID Coin Technology? The “ID Coin” is a presentation by John Engel where he says that we could see the introduction of a new identification system that is built on the blockchain. In the long term, the new system will be used as the base form of identification replacing social security.
Is the ID coin legit?
The ID Coin is legit. Blockchain is one of the technologies that will soon be ubiquitous in our lives. So far, it is best known as the base technology for cryptocurrencies. However, its applications are expanding due to its versatility and utility.
What is the 'ID coin' teaser ad?
Well, it’s somewhat of a bait and switch… the implication of the teaser ad is that there’s one “ID Coin,” which you might interpret as being some actual cryptocurrency or blockchain project, and you can buy it to own a piece of this future of better identity management and secure ID cards and a glorious Estonia-like digital life for Americans.
Can you make money from a personal identification system?
This shows that it can be used to create a personal identification system (such as ID Coin). John thinks that the government and other stakeholders are working on such a system and you can make money from it. If you would like to hear about John’s other ideas, sign up for the Stansberry Innovation Report.
