Tag: identity

Austin is piloting a new blockchain platform to solve identity issues concerning its homeless population. The city was one of the 35 cities to be selected as part of the Mayor’s Challenge Program, sponsored by Bloomberg Philanthropies. The top city from the 35 cities will be awarded $5 million. Identification is one of the main problems preventing the homeless from…

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ICOBox’s newest book building platform feature was launched last month. Known as ICOSID, this one-stop user verification and ID product both enhances user security and complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) legal requirements in key jurisdictions. ICOs incorporating ICOBox’s platform can now offer a more streamlined experience for whitelisted token buyers, who no longer need to…

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Promoting a blockchain-based digital ID authentication that will compete with industry leaders ID Chain, a prestigious leader in blockchain and digital ID authentication, made its debut on the COINEGG platform at 3 pm U.S. Pacific Time on March 6, 2018. The consensus mechanism for the public chain is BTF (ByzantineFault Tolerance) Proof-of-Work, while, the private chain is where the complete…

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In recent times numerous nations have talked about creating their digital currencies however there have only been a handful that have actually started the process. The Marshall Islands, a small country in the Pacific, now joins the club. While Venezuela is the first sovereign state to kick-start the revolution amid criticisms from rival political parties, Republic of the Marshall Islands…

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Our time is one of distrust. A time when for each product there are thousands of scams aimed at deceiving users. According to the British report Annual Fraud Indicator, fraud causes massive damage to both private individuals and corporations. For example, in the UK individuals lost 140 billion pounds in 2017, while businesses lost about 40.4 billion pounds. For this…

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The thought of going to a so-called professional such as a dentist to get work on your mouth done only to find out shortly after that they have a fake diploma or not getting a job because the other candidates submitted resumes that were fake. These types of scenarios play out in real life on a daily basis with many…

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The Rohingya Project, a branch of the nonprofit Restless Beings, is issuing blockchain-based IDs to stateless Rohingya refugees. The Rohingya are an ethnic group whom have been denied citizenship in Myanmar since the 1980s and are currently suffering severe prosecution. “They are disenfranchised. They are shut out. One of the key aspects is because of the lack of identification,” says…

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18 December 2017, Zug, Switzerland, trade.io, a next-generation cryptocurrency exchange, has announced a partnership with blockchain-based identity verification pioneer, Civic. The agreement allows trade.io the ability to provide Civic’s revolutionary identity verification services for the convenience of future users in the trade.io ecosystem. Civic’s verification service reduces the overall cost of know your client (KYC), removes inefficiencies, enhances security and privacy, and greatly improves the…

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Over the past few years, most of us have become increasingly concerned about their digital identity. More and more people are becoming uncomfortable with the idea of handing over so much of their personal data to large corporations. Similarly, companies are worried that mishandling the data they are in charge of could damage their reputation. Data theft is an extremely…

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In a whopping 136-page report labeled Blockchain In Education, authors Alexander Grech and Anthony F. Camilleri detail several potential use cases and disruptive scenarios in which blockchain technology could be used to secure the authenticity of education credentials. One possible goal of the project could be a learning passport. This document would keep track of credentials, such as college degrees, certifications,…

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