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Tag Archives: ID

Why I’d ignore Bitcoin and buy this dirt-cheap, 7%-yielding FTSE 250 dividend stock

Why would anyone buy Bitcoin right now? Any investment of course involves the balancing of risk and reward but, as far as I’m concerned, the virtual currency simply contains too much peril to make it a sensible destination for your cash. Discussions over regulation are picking up pace. Sure, the next important …

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Canada urges blockchain on for digital ID dream – FinTech Futures

The Canadian Bankers Association (CBA) is calling for the nation to turn to blockchain and biometrics for a great leap in digital identification and the economy. Wants to “unlock the full potential” of banking and the economy In a speech in Toronto attended by Bloomberg and other news outlets, CBA’s …

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Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive

A Canadian banking group supports the idea of using blockchain technology as part of a digital ID system for residents, national news agency The Canadian Press reported via various local media outlets on Jan. 15. Speaking during a presentation at the Economic Club of Canada in Toronto, chief executive of …

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Credit unions adopt blockchain as the first step for digital ID

There are many contenders working towards developing a universal digital ID system and away from static passwords. A group of credit unions is ready to see if its blockchain-based approach can serve a wider market. CULedger on Jan 18 is scheduled to demonstrate MyCUID with a more general public rollout …

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Authenteq raises $5 Million For Blockchain Based ID Verification Platform

Blockchain digital identity startup, Authenteq, raises $5 Million to fund its identity verification solution. Authenteq is a creator of Trolteq, a blockchain identity verification technology, based in Reykjavik and Berlin. The Blockchain technology protects users privacy while verifying their identity without entering any data. As per reports by VentureBeat, Draper …

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Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform

Iceland’s blockchain-based identity verification platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300, the American tech website VentureBeat reports on Jan. 14. Following the two-week funding round, the company revealed its intention to conduct the second closing of the Series A financing for …

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Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too)

Microsoft is moving to turn blockchain-based decentralized identity from a lofty aspiration into a business line. In a white paper posted this week, the software giant says it intends to develop two products designed to give consumers greater control of their personal data – long the Holy Grail of many technologists …

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Nuggets gives blockchain a key role in digital ID

U.K.-based Nuggets is integrating its blockchain technology to existing payment rails, creating a system wherein merchants will no longer have to access or store consumers’ personal data. It puts an end to the password authentication or the need for merchants to store personal information with third parties. The system works …

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Nuggets gives blockchain a key role in digital ID

U.K.-based Nuggets is integrating its blockchain technology to existing payment rails, creating a system wherein merchants will no longer have to access or store consumers’ personal data. It puts an end to the password authentication or the need for merchants to store personal information with third parties. The system works …

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