1/ Talk about #proofofreserves /liabilities/solvency as the solution to @FTX_Official misses the surrounding parts which could make crypto a viable alternative to the fiat system. Join as we journey through:
☑️ Quality of reserves
💸 Capital &💧liquidity
💰 Collateral
A story /🧵 on how the lack of a trust layer 🤝 for the internet creates a breeding ground for scams / scammers with #red flags 🚩 to watch out for along the way.
1/ First, some team background. A lot of our team have backgrounds in fraud prevention / #investigation 🕵️♂️ which we’re extremely lucky to have as it prevents 🛑us falling for what you’re about to read.
Jun 11, 2022 • 14 tweets • 12 min read
#web5 is a genius marketing move to capture #SEO for what is mostly self sovereign identity #SSI but the key part is, it's the basis for #decentralised#twitter which we saw the first hints of at internet identity workshop #IIW
1/ 2 members of our team ( one was me) almost missed flights recently and a 3rd actually did. More airlines & airports need to adopt @IATA TravelPass which implements #SSI for aviation.
My (definitely not unique) frustrating story working back from departure (the worst bit) 👇
2/ To return to the UK I needed:
- Passport
- Passenger locator form
- Vaccine certificate
- Antigen or PCR test
Because airlines are fined for allowing people to travel who shouldn’t be, the front desk was checking the details against each other, e.g. passport numbers.
