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Automatically merged updates to draft EIP(s) 1261 (#2102) 

Hi, I'm a bot! This change was automatically merged because:

 - It only modifies existing Draft or Last Call EIP(s)
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Lucas Cullen 2019-06-06 15:59:45 +10:00 committed by EIP Automerge Bot
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@ -25,7 +25,7 @@ We considered use cases of MVTs being assigned to individuals which are non-tran
- Investor permissioning: Making regulatory compliance a simple on chain process. Tokenization of securities, that are streamlined to flow only to accredited addresses, tracing and certifying on chain addresses for AML purposes. - Investor permissioning: Making regulatory compliance a simple on chain process. Tokenization of securities, that are streamlined to flow only to accredited addresses, tracing and certifying on chain addresses for AML purposes.
- Software licencing: Software companies like game developers can use the protocol to authorize certain hardware units(consoles) to download and use specific software(games) - Software licencing: Software companies like game developers can use the protocol to authorize certain hardware units(consoles) to download and use specific software(games)
In general, an individual can have different memberships in his day to day life. The protocol allows for the creation of software that puts everything all at one place. His identity can be verified instantly. Imagine a world where you don't need to carry a wallet full of identity cards (Passport, gym membership, SSN, Company ID etc) and organizations can easily keep track of all its members. Organizations can easily identify and disallow fake identities. In general, an individual can have different memberships in their day to day life. The protocol allows for the creation of software that puts everything all at one place. Their identity can be verified instantly. Imagine a world where you don't need to carry a wallet full of identity cards (Passport, gym membership, SSN, Company ID etc) and organizations can easily keep track of all its members. Organizations can easily identify and disallow fake identities.
Attributes are a huge part of ERC-1261 which help to store identifiable information regarding its members. Polls can make use of attributes to calculate the voterbase. Attributes are a huge part of ERC-1261 which help to store identifiable information regarding its members. Polls can make use of attributes to calculate the voterbase.
E.g: Users should belong to USA entity and not belong to Washington state attribute to be a part of a poll. E.g: Users should belong to USA entity and not belong to Washington state attribute to be a part of a poll.