Japanese banks to develop shared customer ID platform

Japan developing shared ID system for banks — Nikkei Asian Review — “In this set-up, an account holder at one bank can register for a shared ID. If the individual wishes to open an account at a second bank, all she needs to do is provide the common ID through a smartphone app, and confirm her identity through fingerprint or facial scan.”

  • Not only are “national” identities tools of tyranny but they often bring it about by accident. They are too often used to limit travel and employment, not to mention communication, Internet.

    I much prefer the system that we have in the US where the states control identity, the banks credit, and the ISPs Internet access.