Identity Management

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

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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Three areas in the insurance industry to use blockchain

You buy insurance — auto, health, life — because you want to be sure you and your family will be OK if anything unexpected happens. But as time drags on while you wait for a claim to be processed, you start to wonder if the benefits are worth the hassle and higher premiums. These negative […]

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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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Digital identity interactions

Digital identity solutions can be described using a set of identity verification interactions types that pertain to both in-person and online experiences. Our daily lives are filled with a variety of identity interaction experiences. These daily life experiences may include a visit to the bank clerk, entering the airport or a login to your utility company’s […]

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Identity requests: Let us count the ways

We use our identity documents many times per week without much thought. Verification of our identity or a specific privilege tied to our identity is so commonplace that we rarely question the request. Essentially, identity interactions are part of our daily life experiences. While most people in the US use a driver’s license, any form […]

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