The document discusses the global identification crisis, with over 232 million undocumented migrants and 21 million people trafficked annually. It also discusses identity fraud in the UK, with 80% of fraud occurring online and a 31% increase in confirmed cases from the previous year. The document then examines how blockchain technology could help solve issues of decentralized, reliable, secure and cost-effective identification without borders, but also notes challenges around cost, sustainability, speed and lack of international standards for blockchain identity solutions.

1. Identity on the blockchain
Benjamin Maugain – Technical Project Manager
@HerrBen / @cyberduck_uk

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4. THE GLOBAL
IDENTIFICATION CRISIS

5. The global identification crisis
• Over 232 million undocumented migrants
• The birth of every 3rd child has never been
documented by any service or group
• 21 million or more people sold annually on the
global scale
• Human trafficking accounts for $40 billion annually
across the globe
Data: http://bitcoinist.net/blockchain-identity-solutions-solving-global-identification-crisis/
Image credit The Son of Man, 1964 - Magritte

6. Identity fraud in the UK
• 80% of all identity fraud perpetrated online
• Bank accounts: 27% of all identity frauds
• 34,151 confirmed instances
• => Increased by 31% / previous year
• "Identity fraud is at the heart of much of today’s
criminality, acting as a key facilitator for a host of
other types of offences."
Detective Chief Superintendent Dave Clark, City of London Police
Data: https://www.cifas.org.uk/id_fraud_first_quarter
Image credit The Son of Man, 1964 - Magritte

7. IDENTITY
ON THE BLOCKCHAIN

8. Identity on the blockchain - PROS
• Decentralised: more transparency
• Reliable: No central point of failure
• Secure: Immutable data
• Administration cost: saving money
• Privacy: storing hash
• Voluntary identification system
• No borders
• Examples (global scale):
https://onename.com/
https://bitnation.co/
Image credit Golconda, 1953 - Magritte

9. Storing data on the blockchain - CONS
• Cost: 1 bitcoin transaction = $8.00 or £5.50
• Sustainability: 1 bitcoin transaction = 30kWh
• Slow: 10 minutes to commit transactions
• Regulation: Blockchain is a tool for recording
transactions, not for authorising new transactions.
• Validity recognition
• No international standard
(https://www.hyperledger.org/)
Data: http://www.computing.co.uk/ctg/analysis/2447222/blockchain-not-the-messiah:
Image credit Golconda, 1953 - Magritte

10. THANK YOU
@CyberDuck_UK
@HerrBen
www.cyber-duck.co.uk
hello@cyber-duck.co.uk