Microsoft Releases Bitcoin-Based ID Tool as COVID-19 Tracing Draws Criticism

Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs.  Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft is also collaborating with […]

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Blockchain ID Solution Aims to Tackle Spike in Delivery Fraud Amid Coronavirus Measures

Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud and chargebacks during the COVID-19 pandemic. Using biometrically verified contactless delivery technology secured with blockchain technology, the London-based firm wants to equip consumers with the means to provide verified proof […]

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Binance Invests in Open-Data Framework Provider Numbers Seeking Product Boost

Cryptocurrency exchange Binance has made an undisclosed investment in open-data framework provider Numbers. Announced in a blog post on Wednesday, Gin Chao, strategy officer at Malta-based Binance, said Numbers’ protocol will bring developers “easy access” to the exchange’s own blockchain – Binance Chain – and could be used features like hardware wallet security, digital signatures […]

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FATF Releases Guidance on Global Digital IDs as Use Cases Grow

The Financial Action Task Force (FATF) wants financial institutions to prepare for the global expansion of digital identification systems. FATF published its draft guidance on digital identity Thursday, for governments, regulated entities and other stakeholders to enforce anti-money laundering (AML) and counter financing terrorism (CFT) regulations. The intergovernmental organization aims to address emerging security and […]

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Deloitte Adds Privacy Tech to Its Education-Credentials Blockchain

Professional services giant Deloitte has added zero-knowledge proof privacy tech to its enterprise blockchain offering. Announced Tuesday at the ZKProof Community Event in Amsterdam, Deloitte has teamed up with Israeli zero-knowledge proof experts QEDIT, to help users control how a blockchain shares data about the certificates and qualifications they have earned. Deloitte’s Eduscrypt platform allows […]

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