Identity Verification Challenges
Eli highlights the troubling rise in identity theft, questioning the effectiveness of current KYC companies that profit from detecting fraud rather than preventing it. He emphasizes the importance of building trust through transparency and effective data operability, suggesting that the industry should focus on reducing fraud rates. The discussion also touches on the paradox of trusting big tech with our biometric data while being wary of their intentions.In this clip
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Prof G Markets
First Time Founders with Ed Elson — ft. Eli Wachs of Footprint | Prof G Markets
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