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Marek Olszewski

👤 Speaker
481 total appearances

Appearances Over Time

Podcast Appearances

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And what's really cool about this, what makes these things biometric is that they effectively have a signature through kind of a certificate authority chain

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

leading up to countrywide certificate that basically attests by your home country that this ID is valid.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And so a few people know this, but modern passports today, they have this little biometric passport logo on them.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

It's a little rectangle with a little circle in it.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

That means that there is a microchip in your ID.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

You have this also for national IDs increasingly.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And that ID can be read by NFC.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And the data that you read by NFC includes a signature that basically proves the authenticity of your ID.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And so what Self is, is it's a ZK passport protocol effectively that proves on chain that you have a valid ID.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And what's cool about this is you can take the third party out of ID verification, right?

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Usually when you verify your ID, you're signing up for Coinbase.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Coinbase has some third party that they use and you're kind of giving your ID information to some third party.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

They're looking at it.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

They're saying, does it look like it's forged or not?

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

If not, then they attest that you have a valid ID.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

Well, now with smart contracts, you can do that on chain without that third party.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

You can just verify the correctness of the signatures in a smart contract.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

And that's pretty cool because you don't have to give your data to someone who, you know, might lose it, might get hacked.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

You know, we've seen just an incredible amount of KYC data hacks lately that honestly, truly frightening in many ways.

Bankless
The Most Underrated Chain: Celo’s Surprising Traction Around the World | Marek Olszewski

But even better than that, you can do it in ZK.