Bitget Wallet’s latest report found that 37% see security concerns as the biggest obstacle to crypto payment adoption.
Identity News
A digital identity is an entity’s information about itself that is used to represent it as an external agent in a computer system. Digital identities may be used by organizations and humans, as well as by applications and devices. Digital confirmation of identity is an authentication process. The process of giving permission for accessing information by certain identities in the system is called authorization. Identity solutions vary and use different technologies for improving the security and privacy of personal information. For example, blockchain identity management is one of IBM’s fields of work. Digital identity with implemented blockchain may help establish a secure and decentralized array of identities for everyone. Developed identity technology is one of the ways of simplifying Know Your Customer policies, smart contracts and control over personal data.
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The company’s Circom technology has been tested by Deutsche Bank and HSBC, among others.
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Following the acquisition, Holonym plans to offer its rebranded Human Passport to users worldwide.
5650 - Opinion
Hundreds of millions of SSNs have been leaked online already, but a privacy-focused identity solution could help fix the problem.
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Privado ID co-founder Evin McMullen warned against short-term thinking for quick economic gains and compromising ethical standards.
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With the advent of Web3, decentralized identity solutions (DIDs) are considered key for securing users’ digital footprint.
2420 - Opinion
Unified digital identity can enable true interoperability in Web3 gaming.
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In contrast to World’s iris scanning, Humanity’s palm scans are more user-friendly and maintain a high level of security, according to Humanity’s founder.
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“The whole problem with centralized systems is that there’s a center,” Naoris chief strategy officer David Holtzman told Cointelegraph.
3148 - Recap
Dedicated to making blockchain easy for businesses and users, the founders of G6 Networks combine freedom and innovation in their products.
8330 - Explained
Decentralized identity systems leverage blockchain technology to establish a secure, user-centric framework for managing identities.
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Blockchain solutions aim to simplify technology and enhance privacy, addressing barriers to mainstream adoption.
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The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites.
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According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials.
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A public relations firm claims Satoshi Nakamoto will reveal their “legal identity” at an upcoming press conference, but spelling gaffes, broken links, and AI-generated press releases have raised eyebrows.
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