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.
Spotlight
Access to the internet and mobile services is not as widespread as most think, and blockchain can serve as a remedy.
Exploring the possibilities of a Web3 telecom: A look into the future
Hristina Yordanova
2023-01-30T13:00:00+00:00
13634
News
Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used.
Koreans to have access to blockchain-powered digital IDs by 2024
Brayden Lindrea
2022-10-17T06:53:36+01:00
6322
Interview
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy.
Zero-knowledge KYC could solve the privacy vs compliance conundrum — VC partner
Jesse Coghlan
2022-10-11T06:38:24+01:00
5281
Analysis
Are decentralized digital identities the future, or are they a niche use case for blockchain technology doomed to solely be used by crypto natives?
Are decentralized digital identities the future or just a niche use case?
Francisco Rodrigues
2022-09-28T15:48:50+01:00
3817
Interview
NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboard and empower users with digital self-sovereignty
NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3
Alyssa Exposito
2022-09-02T21:30:00+01:00
2667
Analysis
Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider.
Reinventing yourself in the Metaverse through digital identity
Rachel Wolfson
2022-08-11T16:50:00+01:00
7528
News
Binance's new Binance Account Bound token is aimed at many use cases in the decentralized society but will initially only serve as Binance KYC user credentials.
First Binance soulbound token BAB targets KYC user credentials
Helen Partz
2022-08-01T14:00:00+01:00
9397
Analysis
With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer.
Know thy customer: The future of KYC in crypto
David Attlee
2022-07-08T15:30:00+01:00
4840

Follow us on Facebook