Just over five years ago I founded LifeID to “give users power over how their personal identity data is used online and in the real world.” Our mission was to use Web3 technologies to solve Web 2.0 identity problems. I still believe in the mission of giving users power over how their personal identity data is used, but what I learned along the way caused me to pause and reconsider our approach. At LifeID, like most other blockchain-based identity projects, we initially set out to solve the pr...