Bill Gates Dumps $4M into Advancing Digital IDs for Public
Jul 13, 2024 17:03:52 GMT -5
Post by schwartzie on Jul 13, 2024 17:03:52 GMT -5
Bill Gates Dumps $4 Million into Advancing Digital IDs for Public
Frank Bergman
July 13, 2024 - 11:22 am
Microsoft co-founder Bill Gates has just invested millions of dollars into a scheme seeking to advance the global rollout of digital IDs for the general public.
The billionaire’s Gates Foundation continues to bankroll various initiatives aiming to usher in digital ID and payments by the end of this decade.
Gates has ramped up funding for a scheme known as the Digital Public Infrastructure (DPI).
DPI seeks to replace physical cash with a single Central Bank Digital Currency (CBDC) which is directly linked to every individual’s ID.
While advocates of DPI insist that it won’t be mandatory, individuals around the world will be required to use CBDCs and digital IDs to access basic services.
Those pushing DPI include private or corporate-interest groups such as the Gates Foundation and the World Economic Forum (WEF).
The scheme also has backing from the United States and UK governments while being heavily promoted by the unelected globalist organization the United Nations.
The rapidly advance the agenda, the Gates Foundation has plowed $4 million into the UK-based AI and data science research group Alan Turing Institute.
The new grant from Gates was announced as initial funding for the Institute’s initiative to ensure “responsible” implementation of digital ID services.
The Turing Institute is presenting its work that will be financed by Gates.
The grant from Gates will cover funding for the next three years as a multi-disciplinary project.
The Institute will use the cash injection from Gates to speed up the regulatory process required to roll out the digital ID scheme for the public on a global scale.
To secure approval, Gates and the Turing Institute will ensure that the global launch of DPI elements, such as CBDC and digital ID, is done with privacy and security concerns properly addressed.
However, given the past and multi-year activities of the Gates Foundation, nobody should be blamed for interpreting this as an attempt to actually whitewash these key issues of privacy and security.
Experts have been frequently warning about centralizing people’s identities and financial information through digital ID schemes.
In announcing the renewed grant, the Turing Institute made it clear that it considers implementing “ID services” a positive direction.
According to the organization, DPI is vital for “inclusion,” access to services, and allegedly for human rights.
Yet, Gates and his allies believe that some “tweaking” is needed regarding the levels of privacy and security that are currently accepted by the public.
Hence, Gates’ funding of the new initiative.
“The project aims to enhance the privacy and security of national digital identity systems, with the ultimate goal to maximize the value to beneficiaries, whilst limiting known and unknown risks to these constituents and maintaining the integrity of the overall system,” the Institute said.
While the institute offers a lot of buzzwords and seemingly positive sentiments, it fails to explain how these goals will be met.
Instead, it simply promises to magically cover all bases to only promote benefits while obliterating the negatives.
The Gates Foundation did give away one interesting piece of information, however.
“Every year, billions of dollars are being invested to develop more secure, scalable, and user-friendly identity (digital ID) systems,” the announcement reveals.
link
Frank Bergman
July 13, 2024 - 11:22 am
Microsoft co-founder Bill Gates has just invested millions of dollars into a scheme seeking to advance the global rollout of digital IDs for the general public.
The billionaire’s Gates Foundation continues to bankroll various initiatives aiming to usher in digital ID and payments by the end of this decade.
Gates has ramped up funding for a scheme known as the Digital Public Infrastructure (DPI).
DPI seeks to replace physical cash with a single Central Bank Digital Currency (CBDC) which is directly linked to every individual’s ID.
While advocates of DPI insist that it won’t be mandatory, individuals around the world will be required to use CBDCs and digital IDs to access basic services.
Those pushing DPI include private or corporate-interest groups such as the Gates Foundation and the World Economic Forum (WEF).
The scheme also has backing from the United States and UK governments while being heavily promoted by the unelected globalist organization the United Nations.
The rapidly advance the agenda, the Gates Foundation has plowed $4 million into the UK-based AI and data science research group Alan Turing Institute.
The new grant from Gates was announced as initial funding for the Institute’s initiative to ensure “responsible” implementation of digital ID services.
The Turing Institute is presenting its work that will be financed by Gates.
The grant from Gates will cover funding for the next three years as a multi-disciplinary project.
The Institute will use the cash injection from Gates to speed up the regulatory process required to roll out the digital ID scheme for the public on a global scale.
To secure approval, Gates and the Turing Institute will ensure that the global launch of DPI elements, such as CBDC and digital ID, is done with privacy and security concerns properly addressed.
However, given the past and multi-year activities of the Gates Foundation, nobody should be blamed for interpreting this as an attempt to actually whitewash these key issues of privacy and security.
Experts have been frequently warning about centralizing people’s identities and financial information through digital ID schemes.
In announcing the renewed grant, the Turing Institute made it clear that it considers implementing “ID services” a positive direction.
According to the organization, DPI is vital for “inclusion,” access to services, and allegedly for human rights.
Yet, Gates and his allies believe that some “tweaking” is needed regarding the levels of privacy and security that are currently accepted by the public.
Hence, Gates’ funding of the new initiative.
“The project aims to enhance the privacy and security of national digital identity systems, with the ultimate goal to maximize the value to beneficiaries, whilst limiting known and unknown risks to these constituents and maintaining the integrity of the overall system,” the Institute said.
While the institute offers a lot of buzzwords and seemingly positive sentiments, it fails to explain how these goals will be met.
Instead, it simply promises to magically cover all bases to only promote benefits while obliterating the negatives.
The Gates Foundation did give away one interesting piece of information, however.
“Every year, billions of dollars are being invested to develop more secure, scalable, and user-friendly identity (digital ID) systems,” the announcement reveals.
link
