Blockchain Identity

Securing identity on blockchain makes it easier to comply with KYC requirements and allows for the seamless exchange of documents between banks and external agencies.

Decentralized Identity: An alternative to password-based authentication

Many experts say that a password-based login is an insecure approach to online interactions and that multi-factor schemes add friction that reduce user adoption and productivity. Obtaining assured authentication of a person’s identity while adhering to new data privacy laws and regulations presents a minefield of security and customer experiences issues that are costly and […]

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The time is right to treat human data as personal property

Imagine for a moment you’re a typical suburban homeowner. On a sunny Saturday morning you decide to mow your lawn. You go to the garage and throw open the door, expecting to see your lawn mower where you always leave it. With a shock you see your lawn mower is gone. Someone has taken your […]

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IBM Blockchain Trusted Identity: Sovrin Steward closed beta offering

Individuals, organizations, and things are not in control of their identity in the digital world. Everything is rooted in usernames and passwords, controlled by identity providers and third parties, creating a much-needed missing layer for identity on the Internet. At IBM, we have been doing a lot in the decentralized identity space. We’ve done some […]

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Solving the cross-border need for vehicle and driver identity with blockchain

Increasingly we use our vehicles to travel internationally. While international travel becomes easier, vehicle related regulatory processes remain country specific. Many stake holders in the vehicle life cycle are hindered by this, from manufacturing to transport services, and from import to scrap processes. As a private citizen, you are not central to the process and […]

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Brewing blockchain: Tracing ethically sourced coffee

A survey by the National Coffee Association finds that 64 percent of Americans, age 18 and over, drink coffee daily. After factoring in the less-caffeinated casual coffee drinker, this results in 400 million cups of coffee consumed daily in the United States. That may seem like a lot, until compared with most European countries who […]

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The GDPR blockchain blind-spot: Regulating data and everything else

The apparent incompatibility of blockchain technology with General Data Protection Regulation (GDPR), marks the entering the age of post-industrial proactive regulation that some identify with the age of Web 3.0. On May 25 of this year, the ground-breaking data privacy regulation of GDPR came into effect. While it is an important step in the direction […]

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Self-sovereign identity: Why blockchain?

One of the most common questions I get when talking to customers and analysts about the self-sovereign identity (SSI) movement is, “Why blockchain?” This question tends to stem from the notion that data associated with a person’s identity is destined to be stored, shared and used for verification on some form of distributed ledger technology. […]

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How do we start tackling the existing identity problem?

Identity and control of personal identity is top of mind, given recent events as well as the European Union’s General Data Protection Regulation (GDPR). A lot of our identity is shared without our explicit consent, gets stored in locations we are unaware of, and when compromised creates tremendous setbacks. Almost everything we do in the […]

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Five considerations for blockchain applied to data privacy and GDPR

People share with the world data about themselves that used to be considered private, all of this in exchange for “likes”, comments or coupons. Actually, even when I don’t want to, I need to share private and personal data digitally with my doctor or my insurance. As a result, I receive letters from some of […]

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