The headline does not match the article. The headline is "Massive pandemic relief fraud has Congress eyeing digital IDs" but it's not talking about it being an excuse for financial surveillance.
> McKinsey reports that this will make it easier to provide financial aid more effectively and quickly in the future. But it also unlocks potential opportunities to provide Americans with more privacy and security than traditional IDs typically give.
> For example, a driver’s license, which has become the default ID for most people in the country, has a vulnerable combination of sensitive information printed right on it: name, date of birth, and address. With digital IDs, the theory is that Americans can better protect sensitive information by relying on a QR code to share only the information needed for a transaction to be verified. This would limit the data collected by third parties that can then be seized by bad actors through data breaches
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[ 3.0 ms ] story [ 13.6 ms ] thread> McKinsey reports that this will make it easier to provide financial aid more effectively and quickly in the future. But it also unlocks potential opportunities to provide Americans with more privacy and security than traditional IDs typically give.
> For example, a driver’s license, which has become the default ID for most people in the country, has a vulnerable combination of sensitive information printed right on it: name, date of birth, and address. With digital IDs, the theory is that Americans can better protect sensitive information by relying on a QR code to share only the information needed for a transaction to be verified. This would limit the data collected by third parties that can then be seized by bad actors through data breaches
The issue is the existence of the ID, and the infra underpinning it. Period.