it will definitely not do any of that, because (a) a crypto wallet has nothing to do with your identity, (b) nobody except the gullible will put their permanent biometrics information in the hands of a private company on purpose, (c) especially not if that private company is led by someone who repeatedly, demonstrably plays fast and loose with laws and regulations, especially around those having to do with privacy and ownership. It's an even wilder, less justified play than your other average shitcoins, which at least have some kind of memetic value.
>>felixg+(OP)
A crypto wallet can be easily tied to a hash of your real world identity which can then be used to sign into a website or sign a transaction verifying your identity. Already being done.