Category Archives: Uncategorized

xxx The Cabinet Thursday approved the promulgation of an Ordinance to allow voluntary use of Aadhaar as identity proof for opening bank account and procuring mobile phone connection From Aadhaar: Cabinet approves Aadhaar Ordinance to allow its use as ID proof for bank accounts, SIM connection. xxx

xxx This, I think, is the kind of architecture that Cambridge Blockchain explained to me when I bumped in them last year and it seems a reasonable starting point, congruent with our ideas about the kinds of transactions that might be entered into a shared ledger. From Putting “identity” on the “blockchain”. Part 1: FindContinue reading “Putting “identity” on the “blockchain”. Part 1: Find a problem | Consult Hyperion”

xxx “In Australia, the note of choice for hoarding and bulk cash smuggling is the A$100 note, known affectionately as ‘the Melba’ (the note features the face of operatic legend Dame Nellie Melba). In Australia, there is A$76 billion in near-indestructible polymer banknotes in circulation. That equates to around A$3,000 for every man, woman andContinue reading “Dark economy: Inside the $76 billion mystery of Australia’s missing ‘Melbas’​ | LinkedIn”

xxx “The [HMRC Report] found widespread infiltration of government agencies, to obtain false identities and ‘sensitive information’. From one company investigators found ’20 potential internal fraud cases including [gang] members in government agencies’, one intelligence summary said. Another said two Post Office employees seemed to be helping falsify documents, concluding: ‘infiltration is widespread’.” From “GangstersContinue reading “Gangsters with links to the 7/7 London bombings stole £8billion from British taxpayers | Daily Mail Online”

xxx “Russian police are searching for a plastic surgeon with ‘fake qualifications’ who left her patients ‘disfigured,’ say reports.” From “Russian police hunt ‘Frankenstein’ plastic surgeon who ‘left her patients disfigured’ | Daily Mail Online”. xxx

I notice that in the considerable press comment concerning the possible introduction of a Facebook payment system and perhaps even a Facebook currency of some kind, commentators continually refer to a Facebook “stablecoin”. I am certain that they are wrong to use this term, because it does not mean what they think it means. IContinue reading “Stablecoins and stable coins”

xxx I have no idea why my debit card has either a magnetic stripe or embossing, and it’s not clear to me why it has my name and bank account number on it either, and I don’t know why it has a signature strip on the back when I don’t want to use it forContinue reading “Counterfeit card fraud in the US will fall, eventually | Consult Hyperion”

xxx Why doesn’t my bank put a token in my Apple Pay that doesn’t disclose my name or any other personal information, a “stealth card” that I can use to buy adult services online using the new Safari in-browser Apple Pay experience? This would be a simple win-win: good for the merchants as it willContinue reading “Tired: Banks that store money. Wired: Banks that store identity | Consult Hyperion”

Crazy Cards Six years  I said that “I have no idea why my debit card has either a magnetic stripe or embossing, and it’s not clear to me why it has my name and bank account number on it either, and I don’t know why it has a signature strip on the back when IContinue reading “Knights in white titanium”

xxx Know ID Workshop, Part 1: Will Robots Need Passports? from David Birch xxx Know ID Workshop, Part 2: Who Will Give Robots Passports? from David Birch xxx