Is traveling with the assistance of blockchain technology a viable option?

Traveling across countries just became a whole lot easier with the introduction of the pilot program called the Known Traveler Digital Identity (KTDI). This gives travelers the facility of paperless travel with their data being stored in a chip which is made secure by encryption. The encrypted data will be stored in the digital wallet of the user.

This program for paper-free travel was launched by the governments of Canada and the Netherlands. Linux’s Hyperledger Indy, a distributed ledger has been used for the decentralized identity data storage of users. The KTDI through the first global collaboration of its kind will enable associated partners to ensure credibility through the authorization of passenger’s identity data.

KTDI is an initiative aimed to provide the travel industry with a secure and seamless travel. The program allows travelers to manage all components of their identity data and share the same voluntarily which can then be attested by the border agencies. The passenger has the right to decide what part of the information has to be shared and what not. A piece of authorized and reliable information will be shared with the security agencies before the travelers even reach to ensure a hassle-free flight. This will, in turn, eliminate potential risks and improve the overall efficiency of the industry by focusing only on higher risk concerns.

Managing director and global blockchain lead at Accenture, David Treat, said: “We’re all wildly frustrated by data hacks, data breaches, our identities being stolen — and that’s largely a result of where our identity data is stored today. The excitement around digital identity underpinned by blockchain and biometrics is that there is now a solution pattern crystallizing where users can be in control of their own data.

Do you think traveling with the assistance of blockchain technology is a viable option?

Source: @altcoindaily

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