Throughout the years, technology has transformed the way we operate as humans in society. It brought great changes to the way we work, study, communicate, and interact with one another. Furthermore, it has made these things easier, faster, and more accessible than ever before.
We’re headed towards a digitized future, where we learn more about state-of-the-art artificial intelligence. However, the more we learn about artificial intelligence, the more it learns about us.
In this article, we will firstly discuss artificial intelligence, what it is and how we can use it to navigate the digital world. Secondly, we’ll explore the benefits and drawbacks of artificial intelligence. Lastly and most importantly, we’ll elaborate on ways to use AI-powered proof of individuality methods to keep our community’s individuality, privacy, and digital identities safe.
The advancement in technology for the past several decades has stirred a growing debate of humans versus artificial intelligence (AI). For instance, if AI begins to take over tasks which were traditionally associated with people, what are people left with? Their sense of humanity and individual identity.
Digitalization has impacted every aspect of our lives, making it easier for us to perform our daily tasks. Because of this, we have more or less become dependent on technology in order to operate in the online world.
Overall, the topic of AI is quite controversial. Throughout history, humans have been cautious about accepting new technologies since the dawn of the industrial age. While technology has undoubtedly brought significant improvements to our lives, an important question remains:
Will AI ultimately be beneficial or detrimental to our well-being in the long run?
We will examine the potential advantages and disadvantages of AI in the following sections.
Despite the potential risks and challenges posed by AI, there is no denying that it brings many benefits and advantages for humanity.
Technology has filled our lives with entertainment, efficiency, and enhanced accessibility by eliminating frustrating and time-consuming tasks. Not only that, but it has made performing our daily tasks considerably easier and it has opened doors to an incredible library of information.
Let’s briefly explore some of AI’s key benefits:
With AI progressing at incredible speeds, technology has raised concerns about privacy and security. One of the biggest concerns nowadays is the threat of AI stealing human identities. There has been an increase in data breaches and cyberattacks, which leads to a growing need for stronger security measures to protect our personal data.
Like any other innovation, AI undoubtedly has its drawbacks, which are often overshadowed by its benefits. Basically, AI systems are designed to learn and make decisions based on data. Therefore, if the data used to train these systems is biased or incomplete, it can lead to flawed decision-making.
We can understand the dark side of AI once we examine some of its potential risks and negative impacts:
As AI systems continue to evolve, it becomes more and more difficult to predict their actions. Consequently, we cannot hold them accountable for their faulty behavior.
Artificial intelligence is currently not a sentient being, it cannot make its own decisions.
It can either be used for good purposes or for malicious purposes, depending on the intentions of the individuals behind it. And, while humans are not equipped with the accuracy and efficiency of state-of-the-art technology, we can use AI to fight against malicious AI.
Thankfully, there is a method which can verify an individual’s identity in a secure, efficient and highly accurate manner.
Proof of individuality (POI) is a protocol that supports the statement that every person is a distinct and unique individual. As a matter of fact, individuality is a core aspect of human existence. It refers to the one-of-a-kind set of characteristics, thoughts, emotions and perspectives that make each person different from one another.
While digital identities can be stolen and sold, individuality is not something which, at the moment, can be duplicated. At this time, it represents our liveliness as real, tangible, mindful beings.
Identification is an important aspect of our lives. Above all, it is unique to each and every one of us, and it represents our liveliness. Therefore, as technology makes new, magnificent progress every day, AI-Powered proof of individuality has become an essential part of our daily existence. From accessing bank accounts to opening doors, AI-Powered proof of individuality has revolutionized the way we identify ourselves.
Some of the most common AI-Powered proof of individuality methods are:
These biometric identification methods are highly accurate and reliable, making them the go-to method for identification in many industries.
Overall, AI-Powered proof of individuality has many advantages. Particularly:
AI-Powered proof of individuality uses artificial intelligence to verify an individual’s identity based on their biometric features and behavior.
As mentioned previously, biometric features are fingerprints, facial recognition, or iris scans.
Some of the behavior patterns this technology analyzes are:
The idea that our devices check our behavior patterns might be anxiety-inducing. Without a doubt, it can be scary thinking how technology knows us better than we know ourselves. However, in this case, AI is programmed to keep our individuality safe from malicious, bad players.
This way, organizations can improve security and prevent identity fraud. Furthermore, AI-Powered proof of individuality is more convenient to access digital services without the need for passwords or tangible identification cards. Passwords can be forgotten, stolen, or compromised.
Consequently, AI-Powered proof of individuality has the potential to positively transform how we verify our identities in the digital age.
SelfKey aims to offer individuals a secure means of verifying their identity through AI-Powered proof of individuality methods.
After the user completes all of the steps above, SelfKey will require an AI-Powered selfie check. This modern method of verifying an individual’s identity uses facial recognition technology.
For instance, here’s what happens during an AI-Powered selfie check:
These AI-Powered selfie checks will be made periodically, each time a user performs important actions within the SelfKey DAO.
This method is widely used by online platforms and organizations that require a high level of trust and security in their user authentication process. Firstly, it is a quick, convenient, and reliable method. Secondly, and most importantly, AI-powered checks will prevent identity fraud in the online world.
For instance, AI-Powered proof of individuality will efficiently and accurately check that:
Did you know that there is a term for “identity fraud” in the digital world? In the context of online security and identity verification, “Sybil” refers to the act of creating multiple fake identities or accounts.
A single, malicious individual or a group can do that, with the intention of manipulating or deceiving the system. Alarmingly, it can carry out spam attacks, manipulate voting in online polls for elections, even inflate the popularity of a website or social media.
Preventing Sybil attacks is a crucial challenge in the design of many online systems. Thankfully, SelfKey’s AI-Powered proof of individuality methods can fight against that.
Even though technology has posed challenges throughout the decades, it has an immense potential to make society better. AI-Powered Proof of Individuality has become a part of our daily lives, helping us identify ourselves in a quick and efficient manner. The advantages modern identification methods bring are undeniable.
In spite of that, having concerns about privacy and security is normal, especially when it comes to our individuality. However, SelfKey is aiming to developing methods to combat those who use cutting-edge technology for malicious purposes.
Finally, as technology continues to evolve, we can expect to see even more complex methods of identification in the future. But, it is vital to remember that we are supposed to use technology to enhance our lives, our work, rather than replace them. The solution is to find a balance between technology and humanity.
Together with SelfKey we can achieve that balance.
If you want to learn more about what the future brings, your online safety, and methods to combat bad players on the web, subscribe to the official SelfKey blog!
To the best of our knowledge, the information contained herein is accurate as of the date stated; however, the accuracy and completeness of the information are not guaranteed, and we disclaim any duty to update the information should circumstances change. You should not rely upon the information without conducting your own validation.
This communication is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any digital asset, nor does it constitute an offer to provide investment advisory or other services. No reference to any specific digital asset constitutes a recommendation to buy, sell or hold such digital asset. Nothing here shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service.
SELF and KEY tokens, SBTs, and NFTs associated with the SelfKey ecosystem have no monetary value or utility outside of the SelfKey ecosystem, are not ascribed any price or conversion ratio by SelfKey and its affiliates, and do not represent ownership interests or confer any rights to profits or revenues. These tokens should not be purchased for speculative reasons or considered investments. By engaging with SelfKey, you acknowledge and agree to the applicable terms and any associated risks. We recommend consulting with legal and financial professionals before participating in the SelfKey ecosystem and related transactions.
This document may contain statements regarding future events based on current expectations. However, some risks and uncertainties could cause results to differ. The views expressed here were based on the information that may change if new information becomes available.
We use the "KYC" term here for general information purposes, without reference to particular legislation. Please check the laws relevant to you and contact us for the details.