Combining privacy and auditability requires unconventional solutions.
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.
Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID.9793
The program was only launched in May but already one million South Koreans have opted for a blockchain based license.23599
Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes.6156
A Singapore blockchain-based smart city project in the Cambodian capital wants to list its native token on a crypto exchange.10369
Digital Shadows warned that over 15 billion credentials are exposed on the dark web for sale and some of them are even available for free.5365
Blockchain cybersecurity firm Unbound Tech launched a new login solution meant to enable businesses to go passwordless.4787
A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions.4036
Cyble Research Team unveiled a new massive data dump of credit cards for sale on the dark web.39729
Decentralized identity solutions might be blockchain’s killer app.4024
Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain.12996
A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900.4818
South Korea’s smart city Sejong will be establishing a blockchain-based identity verification platform for self-driving vehicles.7721
The Linux Foundation has launched the ToIP Foundation, a new cross-industry coalition that aims to provide a trusted exchange of data over the internet.7014
The cryptocurrency network aims with the partnership to strengthen their AML/KYC screening processes.2220