Privacy issues aside, identity is a huge problem in financial services. Not surprised that investments in this space are going far afield to meet this need. The most problematic aspect here: "crypto startup has one of the more comically rigorous user acquisition flows, licensing their Orb cameras to contractors across the globe who manually go through the person of verifying each and every new user on the network in every city of every country on every continent of the globe". This means a major up front investment in hardware likely to be outdated, damaged, vandalized, etc. very quickly alongside a major investment in physical human resources. Biometrics for identity in finance feels like the right direction, but this doesn't feel like the right answer.
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