With the recent hack of Equifax still top of mind for regulators and consumers alike, there are individuals beginning to explore potential solutions including blockchain technology; Bloom and Open Identity Exchange are working on protocols and standards that could be used by any entity to create an ID system on the blockchain; having such a system would allow for more security from hackers and help to verify individuals; while there are current limitations to the technology there are many groups looking to solve these issues and a potential government led initiative could speed up development. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.