What is ID coin?

1.3 How does ID Coin Work? 1.4 Is ID Coin a Scam? The ID Coin is a new personal identification system based on blockchain that will be launched to protect people’s data from all forms of hacking. It is an initiative by the US government to safely store every citizen’s information and hopefully replace social security cards.

Is ID coin a futuristic dream?

“This technology is NOT some futuristic dream. In Asia, an estimated 1.7 billion people are using a form of ID Coin… and that number is expected to double in the next few years. There is also an e-identification system with similar features being used in Estonia: “Every person in Estonia now controls their own identity using ID Coin.

Is the ID coin a scam?

The ID Coin is not a scam. Blockchain is bound to become a pervasive technology with wider applications than cryptocurrencies. It is already being used to create public, transparent ledger systems that log transactions independently. In such systems, payments can be traced.

What is a Jayyid coin?

Typical late Arab-Sassanian bust and fire-altar with attendants. Obverse margin: jayyid ("Valid" or "Good"). These are some of the earliest dated Islamic coins and believed to have been struck for about 15 years.