Re:Equifax security freeze PINs are the timestamp of when yo...
by takeda on Saturday September 09, 2017 @04:12PM
(#15208955)
This sounds like blockchain could have application. But honestly, other countries do fine without them, IMO they should just be abolished.
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Re:Equifax security freeze PINs are the timestamp of when yo...
by Pxtl on Saturday September 09, 2017 @05:44PM
(#15209312)
A blockchain is public. You want everybody's credit public?
Re:Equifax security freeze PINs are the timestamp of when yo...
by andrewjl on Saturday September 09, 2017 @07:53PM
(#15209727)
The data isn't public if it's in encrypted form. When you apply for credit, you'd decrypt it with your own private key and re-encrypt it with the creditors private key and send it to the creditor, they would then decrypt privately, process the application, and discard the data.
Re:Equifax security freeze PINs are the timestamp of when yo...
by sokoloff on Saturday September 09, 2017 @08:33PM
(#15209858)
> you'd decrypt it with your own private key and re-encrypt it with the creditors private key and send it to the creditor
Creditor's public key, not private key.
Re:Equifax security freeze PINs are the timestamp of when yo...
by andrewjl on Sunday September 10, 2017 @04:21PM
(#15214140)
Yes, goofed on that one.
Re:Equifax security freeze PINs are the timestamp of when yo...
by bga on Saturday September 09, 2017 @05:56PM
(#15209358)
No, blockchains are magic technology that makes money appear out of nowhere and hides all activity from evildoers.
Re:Equifax security freeze PINs are the timestamp of when yo...
by supermdguy on Saturday September 09, 2017 @08:31PM
(#15209847)
Well, ethereum doesn't exactly have that good of a security record.