A Canadian teenager has been charged with participating in a crime ring that stole over $50 million in cryptocurrencies, targeting Consensus 2018 attendees.
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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A 19-year old U.S. resident has been indicted for identity theft as part of an alleged $1+ million cryptocurrency heist affecting at least 75 American victims.
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CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions.
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by Jack Martin
The U.S. Department of Homeland Security has awarded $200,000 to a Virginia-based firm to develop blockchain security solutions.
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by Helen Partz
A Central Bank of Azerbaijan official says a blockchain-based digital ID system will be adopted in the Q1 2020.
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Tests of a blockchain car identification and payment system deployed by automakers Renault, BMW, General Motors, Ford and Honda will start next month.
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Overstock’s Medici Ventures invests $2 million into Salt Lake City-based Evernym, a startup developing blockchain-based self-sovereign identity networks.
- Analysis
by Joseph Birch
Governments and private companies think that blockchain identity systems could empower citizens to take control of personal data.
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A new open-source blockchain project says it wants to transform online identity standards and give greater levels of privacy to the public.
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On Saturday, Catalan president and minister of digital policies and administration announced a decentralized digital identity system called IdentiCAT.
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by Helen Partz
The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019.
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A new partnership is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires.
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A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital.
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Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts.
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The United States Department of Commerce is looking to hire a computer scientist specializing in blockchain and identity management.
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