Photino Full Whitepaper
The Internet suffers from a crisis of trust. This lack of trust manifests itself in many applications and technologies. Social networking applications have suffered from a lack of trust. The false promises of anonymity have severely limited the number of use cases supported by cryptocurrencies. The realization that their identity is not protected leads many to mistrust cryptocurrencies. Users recognize that the regulatory climate places mandatory demands that require personal information to be provided in many normal everyday situations, from making purchases to paying bills and taxes. The lack of facilities supporting the provisioning of personal data leads to uneasiness in the user community. A new trust model is presented that replaces the standard notion of anonymity with selective anonymity. Using selective anonymity, consumers may control all or some of their information and share it in a special form that allows its interrogation and verification, without the underlying data being revealed.