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Biometric verification doesn’t have to be a privacy nightmare (feat. Privado ID)

S1E45 • Sep 18, 2024 • 42m

Sebastian Rodriguez, chief product officer at Privado ID, breaks down how services and users alike can verify their identities while maintaining privacy in a trustless environment using blockchain technology. He also explains how Privado ID differs from Worldcoin, how it can help fight misinformation online, and the security risks of biometric databases.

The Agenda is brought to you by Cointelegraph and hosted/produced by Ray Salmond and Jonathan DeYoung. Follow Cointelegraph on X (Twitter) at @Cointelegraph, Jonathan at @maddopemadic and Ray at @HorusHughes. Jonathan is also on Instagram at @maddopemadic, and he makes the music for the podcast — hear more at madic.art.

Follow Sebastian on X at @PolygonSSI and Privado ID at @PrivadoID.

Check out Cointelegraph at cointelegraph.com.

Timestamps:
(00:00) - Introduction to The Agenda podcast and this week’s episode
(01:54) - What is Privado ID?
(04:55) - How businesses and services use Privado ID
(08:07) - Why and how Privado ID uses blockchain
(10:46) - What are the risks with biometric databases?
(14:54) - Does Privado ID issue credentials?
(18:05) - Is there a global framework for ID verification?
(20:44) - Fighting misinformation vs. maintaining privacy
(29:25) - Privado ID vs. Worldcoin
(33:54) - The ethics of trading biometrics for crypto
(36:12) - Privado ID’s business and revenue model

If you like what you heard, rate us and leave a review!

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

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About the hosts

  • Ray Salmond

    Ray Salmond is an editor and the head of markets at Cointelegraph. After discovering Bitcoin in 2016, he went on to work as the head of content and marketing at a variety of blockchain startups.

  • Jonathan DeYoung

    Jonathan DeYoung is the senior copy editor at Cointelegraph. He is interested in how decentralized technologies can strengthen communities and empower independent artists.