Alex Quinit, co-founder of Twala, notes that the core purpose of the Self-Sovereign ID is to give individuals greater control over how their data is shared while limiting misuse by bad actors.
UNISOT ID has been approved for listing at the Digital Identity Foundation, providing important academic validation for the protocol.
If U.S. used a blockchain-based digital identity system there is a high probability that this economic mishap would not have happened.
Danube Tech secured the grant for its decentralized authentication system which integrates interoperability support for multiple data formats, blockchains and open APIs.
The new system will give citizens more power over how their digital identity is accessed and shared.
Major businesses are partnering in South Korea to cut out the government and develop their own identification systems.
Fujitsu’s new technology assigns a rating score to users on the blockhcain, setting it apart from other solutions.
Five of the top banks Canadian banks are joining together to digitally verify customers using blockchain technology.
Coinbase has purchased a San Francisco-based startup Distributed Systems to develop the exchange’s own digital identity solutions.