GoChain and IriSafe are teaming up to build a new enterprise-level identity management solution that will take advantage of blockchain’s security capabilities. The new platform will utilize IriSafe’s iris recognition technology, which is itself based on an IriTech algorithm that the latter says has already been deployed by authorities in India, the United States, the United Nations, and various international corporations.
“Blockchain-based digital identity management solutions are sorely needed, and we are thrilled to offer this unforeseen level of security,” said GoChain CEO Jason Dekker. “IriTech’s iris recognition algorithm is truly revolutionary, and we look forward to exploring all its applications for the blockchain.”
IriSafe is the result of a partnership between IriTech and Blockchain Industries. The company has since gone on to develop IriKey, a hardware wallet that can’t be accessed without an iris scan from the account owner. The platform is aimed at making it easier to retrieve lost assets, even in the case of a hack or a lost or stolen device.
“We are incredibly fortunate to work with GoChain,” added IriSafe CEO and President Daehoon Kim. “This partnership presents the opportunity to be an industry leader in the blockchain-based identity management space.”
IriTech’s iris recognition technology is trusted by governments and cryptocurrency platforms. The IriSafe collaboration with GoChain is expected to produce an identity management solution that is faster and safer than its blockchain competitors.
March 8, 2019 – by Eric Weiss