Good morning! This morning I read an article by Vitalik Buterin where he explores the concept, use cases and issues of soul bound tokens. I completely love the idea of being able to hold your college transcripts and degrees in your wallet as a non-transferable NFT. I love that the issuer does not retain permanent control over that data. However, there needs to be privacy a burning mechanism by the owner of the NFT. Otherwise, the soulbound token could have deep dystopian implications.
Sources:
https://vitalik.ca/general/2022/01/26/soulbound.html
https://thedefiant.io/vitalik-soulbound-tokens/
https://vitalik.ca/general/2021/10/31/cities.html#citydao
https://city.mirror.xyz/oOOqyUpr7VdgDxLbywwk-DS3mUxdQ18o6OvGrWsvKeY
https://kleros.io/