EBSI - Individual - Social security
Social security verification refers to the process of verifying an individual's social security information, such as their social security number, in order to access government benefits and services. In the context of EBSI, social security verification can be done through the use of decentralized technologies, such as blockchain, to store and manage social security information in a secure and verifiable way. This enables individuals to have control over their own social security information and share it with others only when necessary, while also reducing the risk of fraud and counterfeiting.
- With social security verification on EBSI, individuals can easily and securely access a wide range of government benefits, such as social security pensions, unemployment benefits, and disability benefits. By using their EBSI-verified identity, individuals can save time and effort compared to traditional methods, as they no longer need to provide paper-based proof of their social security information.
- When applying for health insurance, individuals are often required to provide their social security information. With social security verification on EBSI, individuals can easily and securely share their social security information with insurance providers, helping to reduce the risk of fraud and counterfeiting, and improving the efficiency of the insurance application process. This can also help to ensure that individuals receive the health insurance they need, while also improving the overall trust and confidence in health insurance applications.