Identification News

Identification is the process of recognizing and naming an object. The term Identification covers both the process of naming yourself and determining other objects. Identification is not equal to proving that you are what or who you said you are, it is just a statement of it. In IT, identification is analogous to entering a username. Various types of identifications are actively used in governance, science, media, inventory management and IT systems. Digital identification solutions are an important part of information security. Customer identification systems are crucial for Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, various marketing programs and the privacy of customers. Blockchain personal identification systems can strongly improve the identification process with blockchain-based identity confirmation platforms that include biometric IDs and decentralized identity management built upon a robust and immutable network.
News
Blockstack PBC’s annual report with the SEC highlights payments made to other crypto firms for its marketing efforts.
Blockstack's SEC Filing Reveals Heavy Use of Tokens When Paying Services
Andrey Shevchenko
2020-04-29T21:32:00+01:00
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Adam Todd, CEO at Digitex Futures Exchange, reveals that the exchange will completely take down all KYC as of April 2020 in response to earlier data leakage.
Crypto Exchange Digitex Removes KYC to Protect User Data
Helen Partz
2020-03-04T15:53:00+00:00
3674
News
NH Bank rolls out first commercial use of a blockchain ID system developed by major South Korean firms like Samsung and LG Uplus.
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
Helen Partz
2020-02-27T16:35:00+00:00
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Blockstack’s claim of having one million verified users has been questioned extensively, which prompted Cointelegraph to investigate its blockchain data.
Does Blockstack Really Have 1 Million Verified Users?
Andrey Shevchenko
2020-02-14T20:43:00+00:00
3774
News
A Central Bank of Azerbaijan official says a blockchain-based digital ID system will be adopted in the Q1 2020.
Azerbaijan to Adopt Blockchain-Based ID System in 2020
Helen Partz
2019-11-06T10:37:00+00:00
2799
News
A consortium of major South Korean firms partnered to launch a blockchain-based mobile identification system in 2020.
Major Korean Firms Partner to Launch Blockchain Mobile ID System
Adrian Zmudzinski
2019-07-14T18:04:00+01:00
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News
Fujitsu has developed a blockchain-based solution for identity verification and trustworthiness that is based on user evaluations.
Fujitsu Unveils Blockchain-Based Identity and Credential Rating Service
Max Boddy
2019-07-04T21:19:00+01:00
7145
News
Five Canadian banks will employ a blockchain-based user identification system developed by tech startup SecureKey Technologies.
Five Canadian Banks Employ SecureKey Blockchain System to Identify Users
Adrian Zmudzinski
2019-05-01T13:44:00+01:00
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