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.

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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Blockchain, the GDPR and what accounting professionals need to know

One could say, in all objectivity, that in following the 2017 buzz, excitement and hype around cryptocurrencies and blockchain technology, 2018 appears to be the year digital information, blockchain and digitization of data is going mainstream. Cutting through the buzz and excitement that surrounds blockchain — just like every other new technology option that enters […]

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Self-sovereign identity: Our recent activity as a Sovrin Steward

During the most recent Internet Identity Workshop, IBM announced our entrance into the decentralized identity arena by joining the Sovrin Foundation. The days that followed have been busy and exciting, and highlighted by both IBM and community milestones. Developer enablement To help developers get acquainted with The Linux Foundation’s Hyperledger Indy concepts we contributed two […]

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Securing your cross-domain file transfers with blockchain

As I discussed in a previous article, a Hyperledger Fabric (HLF) blockchain network hosted on a high assurance platform is well suited for secure information exchanges across network security domains — for example, exchanging unclassified information between a classified and unclassified network. However, when the information exchanged includes image, video, audio or other large file […]

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The Linux Foundation’s Hyperledger Fabric enables confidentiality in blockchain for business

The Linux Foundation’s Hyperledger Fabric is one of the various Hyperledger projects and represents a blockchain for business framework implementation. It’s a permissioned distributed ledger that supports desired enterprise capabilities such as smart contracts, consensus, confidentiality, resiliency and scalability. In this article I will focus on confidentiality, defined as the ability to control access to sensitive […]

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Collaboration: Unlocking decentralized, digital identity management through blockchain

Identity theft is an all too common occurrence. Our personal information is not under our control and lives in repositories that are targets for hackers. The Identity Theft Resource Center recorded 1,339 breaches impacting over 170 million records in the U.S. in 2017 alone. The global numbers are so staggering that no one has been able to […]

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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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Blockchain is tackling the challenge of data sharing in government

Governments have traditionally taken advantage of business partners — including suppliers, local social services agencies and community-based organizations — for their expertise, and to extend the reach of government services. In practice, each agency has multiple ecosystems (similar to business networks) to deliver services and many of these networks are very complex. Identifying the challenge […]

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