Posts in category

Identity


Software giant Microsoft has said it sees potential for public blockchains in supporting decentralized identities and will explore the possibilities within its Microsoft Authenticator app. In a blog post released on Feb. 12, Microsoft’s Identity Division doubled down on its belief that blockchain technology is the right solution to store, maintain, protect and distribute users’ identification …

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T-Mobile has been quietly toiling away on an enterprise blockchain solution for months, and it looks primed to make a big reveal soon. The telecom giant’s interest in blockchain was most recently advanced after the company was prominently mentioned for its role in helping develop Hyperledger Sawtooth’s 1.0 version. Yet, its overarching blockchain work is not widely …

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An Illinois government task force has outlined a potential direction for applying blockchain technologies in the state’s inter-government operations. According to a report filed on Jan. 31 by the Illinois Blockchain Task Force to the General Assembly, the state is eyeing the use of blockchain technologies to, at least, manage state residents’ identification, as well …

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A new partnership has been inked between identity startup Cambridge Blockchain and IHS Markit, the U.K.-based data analysis firm. The deal will see Cambridge Blockchain complement IHS Markit’s existing services around anti-money laundering and know-your-customer, CEO Matt Commons said in a statement published today. The technology developed by the Massachusetts-based’s startup will be bridged with …

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Blockchain technology has enabled the possibility of data control and proper identity management by their real owners. It is this technology that Persona, a start-up, has employed in order to ensure that users achieve hassle-free identity management, signing-on for all websites through its single channel. Hosting individual data using the Persona platform could offer individual …

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The World Economic Forum (WEF) is working with the Canadian and Dutch governments to pilot a digital identity project that focuses in part on blockchain. The Known Traveller Digital Identity initiative is aimed at using technologies like blockchain and biometrics to improve the security around international air travel. A prototype, developed in collaboration with professional …

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Tech giant Microsoft and blockchain alliance Hyperledger have joined blockchain-based digital identity initiative, the ID2020 Alliance. Announced during the World Economic Forum at Davos in Switzerland yesterday, the alliance – which aid agency Mercy Corps and the U.N. International Computing Center have also just joined – aims to improve people’s lives through provision of digital …

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Marc Hochstein is the managing editor of CoinDesk and a former editor-in-chief of American Banker.  The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Last month I had the plum assignment of interviewing Naval Ravikant for CoinDesk’s Most Influential in Blockchain 2017 series. During our conversation, the AngelList …

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A recent report by Reform, an independent think tank in the UK, recommends that the UK government use Blockchain technology to manage the personal data of its citizens. One of the opening statements of the report reads: “Government should use Blockchain technology to make identity management more secure and efficient.” According to the report, a …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Blockchain technology could be used to improve the U.K. government’s efforts to provide citizens greater control over how their information is shared with public services, says the Reform think tank. A report by Reform, The Future of Public Service Identity: Blockchain [PDF], …

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A new of wave startups believe blockchain can help microfinance deliver on lofty promises. Billed as a silver bullet that could lift the poor out of poverty since the mid-2000s, microfinance, or the use of small loans to boost the unbanked, has failed to take off for various reasons – namely, a lack of transparency …

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The government of Moscow is pushing ahead with plans to test blockchain for use in local voting initiatives. Last year, officials from Moscow’s government told local media that they were looking into the technology in a bid to reduce the risk of fraud when people are voting on city management issues. The possible use would …

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The developer who created core technology that has helped launch thousands of initial coin offerings (ICOs) isn’t all that impressed with the fruits of his creation. Looking ahead to 2018, Fabian Vogelsteller is interested in taking the model he pioneered with ethereum’s ERC-20 token standard, effectively a drop-dead simple way of creating your own cryptocurrency, …

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Marc Hochstein is the managing editor of CoinDesk and the former editor-in-chief of financial industry publication American Banker. The following opinion piece originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers. For all we know, the first cave-dweller to rub two sticks together was a misogynist. Or maybe just a mean person. …

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Dr. Pavel Kravchenko holds a PhD in technical sciences and is the founder of Distributed Lab. In this opinion piece, the second of two parts, he describes the obstacles that must be overcome before blockchain technology can deliver on the promise of tokenization. In my previous post, I described the potential benefits of tokenizing assets. …

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The Eastern European nation of Moldova is mulling the use of blockchain technology to help combat child trafficking in the country. To discuss possible blockchain-based solutions to the growing issue, digital identification experts from the U.N. Office for Project Services (UNOPS) attended a meeting this week in the Moldovan capital, Chisinau, a Reuters report states. The lack of …

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Finding ways to prove consumer identity with 100 percent accuracy has been a tough task. Everything from simple cards to fingerprints to iris scans have been used in different applications to provide identity certainty. However, most biometric systems require huge amounts of infrastructure and are cost-prohibitive, while simpler and cheaper methods are often not secure. …

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Canadian startup SecureKey has revealed it will soon launch a blockchain-based system providing identity verification across the country. Expected to go live in early 2018, the new digital identity platform utilizes IBM’s blockchain technology, enabling consumers to prove their identity using cellphones and Windows devices to governments, banks and telecom providers, said Greg Wolfond, CEO of …

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The United Nations has partnered with the World Identity Network (WIN) to develop a blockchain identity pilot aimed to help curb child trafficking. Announced during the Humanitarian Blockchain Summit in New York on Friday, the pilot involves participation from the United Nations Office for Project Services (UNOPS) and the United Nations Office of Information and Communications Technology (UN-OICT), a press release indicates. Storing digital …

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Awareness of the serious drawbacks of centralized identity services is growing. Spurred by the Equifax breach earlier this year, the problem isn’t relegated to the U.S. credit scoring company alone. In mid-October, a database leaked the personal information of more than 30 million South Africans (more than half the population). Further, searching “data breach” in Google …

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