I've been thinking a lot about decentralized digital identity for a while, and I read an awesome article the other day that gave me a great framework to use and structure my thoughts.
Essentially any decentralized digital identity solution needs to satisfy the following three conditions:
1. Privacy Preserving (i.e. an ID can be acquired without revealing 'real name')
2. Self-sovereign (i.e. anybody can create and control as many IDs as they wish)
3. Sybil-resistant (i.e. identity is subject to scarcity)
The long and short of the current state of decentralized digital identity solutions is that none of the current proposed solutions satisfy all three of those conditions. The sybil-resistance condition or the current lack of any source of scarcity for human capital is the main road block.
This is where Cent can come into play, I think. Although it hasn't satisfied each condition 100%, it has taken at least a half step towards satisfying them, including sybil-resistance - and all this is the indirect result of actions/designs made for other purposes. So that's pretty cool.
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