Posts in category

Identity


Zug, a city in Switzerland known as the “Crypto Valley,” has successfully completed its first test of a local blockchain-based voting system. As CoinDesk reported on June 11, the Swiss city launched an e-voting pilot platform built on blockchain technology as part of the city’s efforts to embrace the technology. The voting process took place …

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A group of financial firms and regulators, including big names like BNP Paribas and Deutsche Bank, have conducted a trial of a know-your-customer (KYC) compliance application built upon R3’s Corda blockchain platform. The 39 participants put the app – built by New York-based tech firm Synechron – through a four-day test of the app using 45 nodes in …

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Talk to any three blockchain entrepreneurs, and at least one of them will pitch a way for internet users to own their own data. Recent privacy debacles at Yahoo, Equifax and Facebook have driven home the realization that anyone with a smartphone is walking, talking, searching, eating, posting, browsing fodder for advertisers, machine learning algorithms …

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Sweden’s land registry authority and a group of participating banks, businesses and startups have completed the third phase of an ongoing blockchain pilot. It was announced Friday that the Lantmäteriet has passed the testing checkpoint with the aid of a number of partners. These include financial firms SBAB Bank and Landshypotek, blockchain startup ChromaWay, tech consultancy …

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A national banking group in South Korea is to roll out a blockchain-based ID verification system for domestic commercial banks in just weeks. According to a notice revealed on Monday by the Korea Federation of Banks (KFB), the new system – dubbed BankSign – is scheduled to be launched in July following a testing phase …

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Its initial coin offering is still in progress, but a new announcement indicates that the team behind KODAKCoin is working to put the forthcoming cryptocurrency to use. WENN Digital – the company that licensed the photo-centric KODAK’s brand for a cryptocurrency and associated digital rights management platform – announced Monday that it is working with Oak …

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A new patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of consumer coupons. The application for a “Method and System for Authentication of Coupons via Blockchain” was published on May 31 by the U.S. Patent and Trademark Office (USPTO). It envisions utilizing …

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“We’re definitely not in the beer-vending business.” That might not be something you’d expect the marketing manager for a crypto tech company to clarify, but it’s perhaps now necessary when discussing Civic, the startup founded by entrepreneur and “Shark Tank South Africa” star Vinny Lingham in 2016. Announced Friday, the Palo Alto-based startup will unveil …

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Four of the world’s largest carmakers have joined tech providers and startups to form the biggest-ever consortium focused on applying blockchain tech in the automotive sector. Announced Tuesday, the Mobility Open Blockchain Initiative (MOBI) has revealed founding members including BMW, Ford, General Motors and Renault. Also present among the ranks are the car-parts manufacturers Bosch …

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The Industrial and Commercial Bank of China (ICBC), one of the country’s four largest state-owned commercial banks, is exploring a way to authenticate digital certificates and store data in a sharable blockchain. According a patent application filed with China’s State Intellectual Property Office (SIPO), the bank aims to use a blockchain system to improve the …

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South Korea’s SK Telecom is reportedly launching a blockchain-based platform for authenticating customers’ identities within the year. According to a ZDNet report on Tuesday, the telecoms giant – a subsidiary of the SK Group, one of the largest family-owned conglomerates in South Korea – is developing the new system in order to streamline user subscriptions and payment …

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Trust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now turning the very symbols meant to protect users against them. Whether it’s an account impersonating the world’s largest …

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Speaking to an audience in New York City on Thursday, Digital Asset CEO Blythe Masters and R3 founder and CEO David Rutter worked hard to cast their projects not as applications but as entire ecosystems for developers to build apps of their own. Rutter and Masters took the stage during the first session of the …

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A newly published patent filing from Mastercard suggests that the payments giant is looking at blockchain as a way to safeguard identity data. In an application released by the U.S. Patent and Trademark Office (USPTO) last Thursday, Mastercard describes a system in which a semi-private or private blockchain would be used to receive and store …

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Bank of America may be looking into creating a single transaction ledger to replace existing data sharing systems with a blockchain, according to a patent application released Thursday. The filing, published by the U.S. Patent and Trademark Office (USPTO), outlines a permissioned blockchain which, if implemented, would securely record and authenticate personal and business data, …

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Is India emerging as a blockchain trendsetter? Certainly, the sector has been moving in fits and starts in what’s becoming the world’s fifth-largest economy. Despite a bearish outlook on cryptocurrencies from regulators, progressive Indian states and companies are charging ahead in exploring the applications of blockchain technology. Now, there are signs that local companies are seeking to …

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While enterprises have generally been more conservative when it comes to cryptocurrency, one of the market’s key players, the Hyperledger consortium, appears to be opening its code to edgier pursuits. Revealed exclusively to CoinDesk this week, the Sovrin Foundation, creator of the Hyperledger Indy codebase for digital identity management (and a Hyperledger group member since 2016), intends to become one of …

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Kaliya “Identity Woman” Young is a co-founder of the Internet Identity Workshop and of HumanFirst.Tech and an independent expert on blockchain and identity systems who consults with governments, companies and startups.   This article was inspired by conversations with Tony Fish and Lubna Dajani. Following the Cambridge Analytics election scandal, the meme #DeleteFacebook is widely circulating, …

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Just six minutes. That’s how long Hyperledger executive director Brian Behlendorf had to get former Chilean president Michelle Bachelet up to speed on blockchain. Spurred by a special request from the nation’s lawmakers, Behlendorf was one of multiple blockchain experts called to the country to talk about the merits of the technology and the ways in which …

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