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Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity
digital identity

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity

A global UAE bank is creating a federated and sovereign blockchain architecture for digital identity via HashCash Consultants, to propel its financial and banking operations and prepare for the future of finance.

How Blockchain Can Mitigate the Menace of Identity Theft
digital identity

How Blockchain Can Mitigate the Menace of Identity Theft

According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.

Microsoft Bitcoin-Based Identity Tool Launches Beta Version
digital identity

Microsoft Bitcoin-Based Identity Tool Launches Beta Version

Microsoft’s decentralized identity (DID) tool, ION which is based on the Bitcoin blockchain, launched a beta version on bitcoin's mainnet on Wednesday.

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026
digital identity

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age
digital identity

Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age

With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19
digital identity

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity
digital identity

Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity

Adam Back clarifies that no one knows the Bitcoin creator and claims that Satoshi Nakamoto was a single person who programmed and coded Bitcoin.

Worldcoin (WLD) Expands Investment and Services in Argentina
digital identity

Worldcoin (WLD) Expands Investment and Services in Argentina

Worldcoin (WLD) significantly increases its investment in Argentina, expanding its services and digital identity solutions.

Worldcoin (WLD) Brings World ID Verification to Ecuador
digital identity

Worldcoin (WLD) Brings World ID Verification to Ecuador

Worldcoin (WLD) announces the launch of World ID verification in Ecuador, starting with Quito and Guayaquil, aiming to enhance online human verification.

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions
digital identity

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has launched Skinny ID aimed at offering a seamless and frictionless onboarding process.

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups
digital identity

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

Heterosis Launches Dynamic NFT Flower Collection
digital identity

Heterosis Launches Dynamic NFT Flower Collection

Snark.art and OG.Art's Heterosis project has launched a collection of dynamic NFT flowers that can be bred and customized by users. The project creates two virtual flower markets and is housed in a metaverse greenhouse that can be accessed via various devices.

ShareRing Enhances Digital Identity Solutions by Merging ShareToken
digital identity

ShareRing Enhances Digital Identity Solutions by Merging ShareToken

ShareRing, a blockchain-based ecosystem providing digital identity solutions, announced to merge ShareToken (SHR) into the Ethereum and Binance networks through a Multichain swap.

Polygon Launches Web3 .polygon Domains with Unstoppable Domains
digital identity

Polygon Launches Web3 .polygon Domains with Unstoppable Domains

Polygon and Unstoppable Domains have partnered to offer the ability to create Web3 .polygon domain names, enabling users to log into Web3 applications, use human-readable wallet addresses, and create decentralized websites. The service will be available to an estimated 180 million users and 40,000 services across the Polygon blockchain ecosystem. Unstoppable Domains makes use of Polygon to mint decentralized domains with zero gas fees. Users will be able to use .polygon domains to create digital identities that are compatible across 750 applications, games and metaverse platforms, as well as to login to web apps, act as cryptocurrency wallet addresses, and create decentralized websites.

Shiba Inu Unveils ShibariumSSI: A Revolutionary Step Towards Self-Sovereign Digital Identity
digital identity

Shiba Inu Unveils ShibariumSSI: A Revolutionary Step Towards Self-Sovereign Digital Identity

Shiba Inu launches ShibariumSSI, a platform for Self-Sovereign Identity (SSI), emphasizing user control over digital data with features like self-custody and zero-knowledge compliance.

ShareRing Adopts NFC Technology to Enhance eKYC Solutions
digital identity

ShareRing Adopts NFC Technology to Enhance eKYC Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has integrated near-field communication (NFC) technology to make the electronic know your customer (eKYC) process more secure and reliable.

CFTC Receives DeFi Crash Course
digital identity

CFTC Receives DeFi Crash Course

Crypto executives provided a DeFi crash course to the CFTC during their first Technology Advisory Committee meeting. Topics included blockchain technology, decentralization, digital identity, and exploits and vulnerabilities.

EU Passes Vote for Digital Wallet
digital identity

EU Passes Vote for Digital Wallet

The European Parliament passed a plenary vote for interinstitutional negotiations to create a EU-wide digital wallet. The eID amendments include zero-knowledge proofs to enable citizens to control their identity data.

Worldcoin Introduces World ID 2.0: Revolutionizing Digital Identity Verification
digital identity

Worldcoin Introduces World ID 2.0: Revolutionizing Digital Identity Verification

Worldcoin's World ID 2.0 integrates with Shopify, Mercado Libre, Reddit, and Telegram, enhancing user verification and addressing digital fraud.

Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs
digital identity

Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs

Personal identity is a fundamental human right according to Article 8 of the United Nation’s Convention on the Rights of the Child. Identity is crucial to a functioning society and economy, however, there are 1.1 billion people in the world that do not have proof of identity and 45% of them are among the poorest 20% around the world. For enterprises, customer data protection can be proven costly as 2.8 billion consumer data records were exposed at an estimated cost of more than $654 million in 2018.

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities
digital identity

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.

How Blockchain Technology is Shaping Digital Advertisements
digital identity

How Blockchain Technology is Shaping Digital Advertisements

There are thousands of ads everywhere, in our phones, applications, websites, there is hardly anywhere you would turn to (digitally) today without bumping into an ad, even when using ad blockers. According to Forbes, an average person is exposed to about 4,000 to 10,000 digital ads every day. They aren’t cheap; the standard ads we see every day on our phones cost billions.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”
digital identity

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community
digital identity

Coinbase's Intention to Sell Blockchain Analytics Software to US Government Watchdogs Created Backlash from Crypto Community

Leading American cryptocurrency exchange, Coinbase plans to sell its blockchain analytics software called "Coinbase Analytics" to the US Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS). This decision is not sinking in well with the crypto community because the software will offer identity attribution for domestic and international cryptocurrency addresses to the US government agencies.

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