Identity is a single point of failure
for property possession.
Right to possession is authorized by key (natural or password) and claimed by issued identity (passport or derived credentials). Both methods today are legacy trade-offs for security, UX and individual sovereignty.
Technology shift happened:
Auth - 2FA, FIDO2, biometrics, pan-EU eID
Identity - self-sovereign ID, crypto self-custody
Seamless personal key management serves an essential point for consumer adoption of the whole stack.