We live in a world where our online IDs are in the hands of the government and banks, and we rely on them to keep it secure. Blockchain IDs on the other hand, put you and you only in control. Therefore, you can store all your passwords and any other personal information on the blockchain, eliminating the need of passwords in everything. In the future, these ID services could be applied to government services, medicines and any other record keeping agency.
Blockchain system exist to combat greed and middlemen and to give individuals ultimate control of their identity and activity. In a blockchain future, we will see a world where our medical records are immediately available if we are in an accident; where online voting was possible; and where transparency was paramount and greed is disincentivized.
There is no doubt that the blockchain technology is the most advanced and developed technology ever found on this planet. There are thousands of innovations found in the blockchain tech daily making them immortal and long lasting. Blockchain might be a perfect solution for all the advanced techniques and I am sure that in some coming years we can see impossible turning possible only because of the blockchain technology.
Everyone might be having faith in the government of their country but the government is not stable and keep on changing as per the year changes so we cannot really depend on the next coming government to keep our identities safe which is completely opposite in terms of blockchain.