Identity Management

Blockchain technology enables digital identity management through a distributed trust model.

Why blockchain and IoT are best friends

The rapid advance of blockchain technology and the Internet of Things (IoT) are felt throughout our daily lives. A Gartner study estimates blockchain will add $3.1 trillion in business value by 2030, and in another analysis the global IoT market is expected to grow from $157B in 2016 to $457B by 2020. We are about […]

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Blockchain security: What keeps your transaction data safe?

Proponents of the distributed ledger technology known as blockchain consider it to be one of the best ways to secure transactions. I don’t know about you, but hearing that anything is the “best” immediately makes me skeptical. How exactly does blockchain provide more security than traditional transaction processes? Let’s take a look.   Security by […]

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Blockchain in healthcare: Patient benefits and more

Blockchain technology is a game-changer with the potential to impact not one or two industries, but the complete landscape of how business is done. When 200 healthcare executives were surveyed, 16 percent expect to have a commercial blockchain solution at scale sometime this year. The key players for blockchain adoption will be regulators, industry groups […]

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Three features of blockchain that help prevent fraud

The typical organization loses five percent of revenues to fraud each year, according to a study by the Association of Certified Fraud Examiners. Unfortunately, fraud in a business can go undetected for a long time and is often hard to uncover. The following three features of blockchain can help make business networks less susceptible to […]

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Blockchain for fraud prevention: Industry use cases

Fraud — and the lack of transparency that enables it — is a growing problem for businesses around the world. In a list published on Risk.net, fraud ranked as one of the top 10 operational risks of 2017. But a cutting-edge technology called blockchain could provide the fraud prevention capabilities these businesses are looking for. […]

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Top five takeaways from K(NO)W Identity Conference

The current approach to digital identity management is unsustainable. It’s become necessary to move away from intermediary and provider-controlled models toward user-controlled digital identity. Last week, challenges to this undertaking, along with potential solutions, were discussed at K(NO)W Identity Conference in Washington, DC. These are my top five takeaways. 1. Identity is a critical element […]

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It’s all about trust: Blockchain for identity management

What will you find at the center of every business interaction? People. They are the heart and soul of commerce. However, what is vital to every transaction is trust, and trust in business relationships is built on knowledge. That’s why banks and other business institutions have KYC (know your customer) requirements for identifying and verifying […]

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Netki’s solutions for blockchain benefit from Hyperledger

Enterprises everywhere are looking to blockchain, the distributed ledger technology behind Bitcoin, as the new way to transact across business networks. One IBM Blockchain partner, Netki, is building digital identity solutions to help break down barriers related to risk and compliance in modern blockchain environments. In a recent interview with Justin Newton, the CEO of […]

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