Digital identification is the future. What role will blockchain play?
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.
Fujitsu has been working on blockchain-based digital identity tools since 2019.4370
Neo3 promises to provide file storage and digital identity, though the demand is questionable10296
Developing self-sovereign identity should be a leading priority for every company, legislator and investor engaged in the security industry.7979
Combining privacy and auditability requires unconventional solutions.6137
Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID.10379
The program was only launched in May but already one million South Koreans have opted for a blockchain based license.23963
Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes.6211
A Singapore blockchain-based smart city project in the Cambodian capital wants to list its native token on a crypto exchange.10444
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.5508
Blockchain cybersecurity firm Unbound Tech launched a new login solution meant to enable businesses to go passwordless.4840
A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions.4085
Cyble Research Team unveiled a new massive data dump of credit cards for sale on the dark web.50300
Decentralized identity solutions might be blockchain’s killer app.4088
Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain.13048