Identity management with blockchain

Digital identity is critical to many business and social transactions. It enables ways to interact with billions of users in the digital world. However, traditional identity systems are costly, disjointed, fallible, and hindering innovation and greater customer experience.

The distributed trust model is a new way of managing identities. Blockchain technology empowers consumers to control their own identity and share between trusted entities with their consent. Also, no single institution can compromise a consumer’s identity.

Benefits of identity with blockchain

For consumers

  • Convenience and simplified experience for accessing various services
  • Improved privacy protection
  • Greater control over personal data

For businesses

  • Reduced risk and cost of data breach
  • Efficient compliance management and monitoring
  • Rapid onboarding and improved customer experience

For regulators

  • Standardized process
  • Prompt auditing
  • Increased efficiency in compliance control, monitoring and quality

SecureKey and
IBM Blockchain

SecureKey Technologies and IBM are working together to build the first ever digital identity network in Canada with leading banks such as Bank of Montreal, Canadian Imperial Bank of Commerce, Desjardins Group, Royal Bank of Canada, Scotiabank and TD Bank.

Learn how identity solutions with SecureKey and IBM Blockchain can revolutionize key industries.

Visit IBM Blockchain Workshop

Accelerate innovation and transform your identity management with blockchain consulting experts.

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