I was reading through the Sign whitepaper and the economic impact section is the one that actually made me think. verified on-chain identity removes KYC barriers — so people who had no access to financial services suddenly do. but it goes further than that. streamlined business incorporation and transparent regulatory processes attract foreign investment.
Standardized identity formats reduce friction in international trade. ISO 20022 compliance means governments connect to global financial networks without expensive custom projects. and cross-border settlements go from days to minutes compared to traditional correspondent banking.
From what i understand, SIGN treats identity not as an administrative requirement but as economic infrastructure — the layer that determines whether a country's population and its government can actually participate in the global digital economy.
If verified identity removed KYC barriers for everyone tomorrow, what changes first?
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