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Due to its anonymity, the cryptocurrency industry has become the target of identity-related fraudulent activities in recent months. According to an AU10TIX fraud report shared with crypto.news, crypto-related platforms accounted for 29% of global identity fraud attempts in the second…
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Galxe announces the launch of Identity Protocol, introducing an identity infrastructure that focuses on user privacy, security, and sovereignty
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Worldcoin recently broadened its World ID verification services to Singapore through the Orb hardware device.
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Deloitte Consulting AG is integrating KILT,a blockchain platform, to enhance know-your-customer (KYC) and know-your-business (KYB) processes
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High performance, open-source blockchain Ontology announced a new product suite as it looks to make its mark on the decentralized finance (DeFi) space, according to a press release. Ontology Goes the DeFi Way Specializing in digital identity and data, Ontology…
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A group of tech companies, telecoms, and major South Korean banks, led by Samsung, are launching a blockchain-powered digital identity platform to resolve a few critical vulnerabilities found in current online certificates used for sharing personal data, as per a…
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The Dutch Fiscal Information and Investigation Services (FIOD) in association with Europol and Luxembourg police have cracked down on Bestmixer, one of the largest cryptocurrency mixing services in the world. Mixing is a process whereby one can necessarily throw in…
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Okta, a leading provider of secure identity management solutions for enterprises, has announced the launch of Okta Ventures, a $50 million investment fund whose primary objective is to invest in and nurture new technologies that could solve the problem of…
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PayPal, a leading online payments giant, has invested an undisclosed amount in Cambridge Blockchain, a startup that develops distributed ledger technology (DLT) based identity management and compliance solutions. The deal will enable PayPal to integrate blockchain technology into its operations,…
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The Institute of Chartered Accountants of Scotland (ICAS) has entered into a partnership with PricewaterhouseCoopers (PwC) to test a blockchain-based platform that will store and issue qualifications to accountants, announced February 28, 2019. Qualified to Serve A quick look at…
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The advent of cryptocurrencies has rekindled much of the conversation surrounding a universal basic income (UBI), as many believe the technology is the final piece needed to turn the idea into reality. A protocol as fundamental as the Internet, which…
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Abu Dhabi Global Market (ADGM) recently announced the successful completion of the first phase of a blockchain-based electronic-Know-Your-Customer (e-KYC) utility project. According to the press release published on December 4, 2018, the e-KYC had significantly simplified and improved the KYC…
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Lufax, China’s leading peer-to-peer lending and wealth management platform, has hinted its working on integrating distributed ledger technology (DLT) into its operations to reduce cost and increase transparency, reported The South China Morning Post on November 2, 2018. Lufax Joining…
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Crytpo-fueled web browser Brave and the DLT-powered digital identity platform, Civic, have decided to work in unison to bring the latter’s KYC services to publishers on the BAT-funded web browser. Per a September 21, 2018, dated announcement during the Consumer…
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In a bid to become the Facebook of the crypto sector, Coinbase, the world’s largest exchange for buying and selling digital currencies, announced the acquisition of Distributed Systems, a three-year-old startup building identity standards for dApps known as the clear…
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Indiana video games and virtual economies University Professor Edward Castronova published a whitepaper in 2016 about the nature of video games and the future of work. While the gaming industry is one predominantly for leisure, Castranova argued that video games…
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