blockchain

Money20/20 Kicks Off with Talk on Huge Potential of Self-Sovereign Identity

Money20/20 Kicks Off with Talk on Huge Potential of Self-Sovereign Identity

Money20/20’s “Digital Identity & Biometrics” track kicked off Sunday on an ambitious note, with Purple Tornado’s Heather Vescent introducing attendees to the concept of Self-Sovereign Identity. Vescent is the co-author, together with Kaliya Young, co-founder of the Internet Identity Workshop and the Personal Data Ecosystem Consortium, of the recent report, “Your Guide to Self Sovereign Identity“.…

WISeKey Announces Blockchain-Based Mobile Identity Platform

WISeKey Announces Blockchain-Based Mobile Identity Platform

“…WISeKey emphasized its compliance with the United Nations’ ID2020 program, an initiative aimed at extending official identity systems to everyone in the world, with an estimated 1.3 billion people currently thought to be undocumented, a status that can seriously hinder the ability to access vital government services.” Geneva-based WISeKey has announced a new “Universal Decentralized…

German Blockchain Not-for-Profit Exploring Smart City Applications of Palm Vein Tech

German Blockchain Not-for-Profit Exploring Smart City Applications of Palm Vein Tech

“In smart city applications, such biometric scans would be linked to distributed ledger systems to deliver immutable audit trails, with the IOTA Foundation highlighting applications in data centers, airports, and stadiums.” A Berlin-based not-for-profit focused on the promotion of blockchain technology is exploring the use of palm vein biometrics for authentication of individuals in Smart…

New Partnership Enables Naked Cryptocurrency Payments

New Partnership Enables Naked Cryptocurrency Payments

Singapore-based naked payments pioneer Touché has teamed up with a Luxembourg-based blockchain platform to offer a simplified means of in-store purchases using cryptocurrency. The system is of course based on Touché’s biometric payments concept, which revolves around linking users’ fingerprints to their payment accounts to allow them to make purchases with a simple fingerprint scan — and…

Gigzi Iris Protects Cryptocurrency with Biometrics

Gigzi Iris Protects Cryptocurrency with Biometrics

“As a cryptocurrency user, I know that account security is paramount.”- El Asmar, CEO, Gigzi IriTech has teamed up with a cryptocurrency platform to develop a new iris-based security solution for its end users. Based in London, Gigzi is developing a blockchain-based cryptocurrency called Gigzi Black. It also offers digital currencies called Gigzi Metal that…

New Partnership Aims to Build Blockchain-Based Identity Platform

New Partnership Aims to Build Blockchain-Based Identity Platform

Two identity-focused tech firms have teamed up to develop a global identity platform based on blockchain technology. One of the firms, Boston-based Distilled Analytics, offers continuous authentication solutions based on end users’ digital activities. The other, Shyft Network, is developing a blockchain-based platform for identity verification. Together, the companies have announced Distilled Identity, a collaboration…

Naked Payments Tested at KDDI Store and Mr. Donut Shop

Naked Payments Tested at KDDI Store and Mr. Donut Shop

” Unlike other nascent naked payments technologies aimed at directly linking consumers’ biometric data to their payment accounts, Hitachi’s system revolved around coupons, allowing participants to dispense with the actual paper, and helping merchants to ensure that coupon use is accurately tracked and accounted for.” Hitachi and Japanese telecom KDDI have conducted a trial of…

App Platform Uses Blockchain, Biometrics to Protect User Privacy – and Monetize It

App Platform Uses Blockchain, Biometrics to Protect User Privacy – and Monetize It

A new startup is looking to blockchain and biometrics to enable decentralized app development. Called iTrue Limited, the Hong Kong-based firm is taking the Nuggets approach to user data. Like the Nuggets platform, iTrue incentivizes users to share their personal data by rewarding them for doing so with its ITU cryptocurrency tokens. But they can…

Veridium Announces Support for Sovrin Blockchain Identity Platform

Veridium Announces Support for Sovrin Blockchain Identity Platform

Veridium has become a backer of the Sovrin Network, an identity platform based on blockchain technology. Administrated by the non-profit Sovrin Foundation, the platform is envisioned as a kind of global, public utility that is independent of government and business interests. The Sovrin Network is meant to store end user information on a distributed ledger,…

Hoyos Challenges Hackers to Steal Its Cryptocurrency

Hoyos Challenges Hackers to Steal Its Cryptocurrency

Hoyos Integrity Corporation is challenging hackers to steal its RISEN cryptocurrency tokens. One hundred million dollars’ worth of the RSN tokens have been loaded by the company into a public cryptocurrency wallet, and Hoyos has issued its public address and its private key. The company is banking on its biometric security, with its H-RISEN biometric…

Biometrics Applied Throughout the Animal Kingdom

Biometrics Applied Throughout the Animal Kingdom

Biometrics is often defined or described as the measurement of the body related to human characteristics; however, homo sapiens aren’t the only species in the animal kingdom to which biometric measurements have been applied. From farming, to conservation of endangered specifies, to finding a lost family pet – biometrics have been applied to a whole…

OneLogin Adds Blockchain Functionality to its Access Management Solution

OneLogin Adds Blockchain Functionality to its Access Management Solution

OneLogin has teamed up with ShoCard to bring blockchain technology to its access management solution. The blockchain functionality comes by way of ShoCard’s ShoBadge enterprise solution, which stores users’ personal identification data in a blockchain ledger. ShoBadge has been integrated into OneLogin’s Unified Access Management platform, which leverages biometrics, geo-fencing, and other factors to regulate…

Walmart Wins Blockchain-based Biometric Healthcare System Patent

Walmart Wins Blockchain-based Biometric Healthcare System Patent

A new patent detailing a blockchain-based, biometric healthcare system has been awarded to Walmart, of all companies. Entitled, “Obtaining a Medical Record Stored on a Blockchain from a Wearable Device”, the patent describes a system designed to let emergency first responders access the health records of an individual who is incapacitated. The patient’s health records…

Biometrics to Help Drive $4.63B in Airport IT Spending by 2023: Report

Biometrics to Help Drive $4.63B in Airport IT Spending by 2023: Report

The global airport industry increasingly looking to IT solutions to help drive and facilitate growth, with innovative technologies like biometrics being key to those efforts, suggests a new Frost & Sullivan report. Entitled “Digital Transformation in Airports”, the report predicts that by 2023, airport IT spending will reach $4.63 billion, driven largely by growth in…

PRASM Announces New MOUs With Healthcare Organizations

PRASM Announces New MOUs With Healthcare Organizations

UPDATE: June 3, 2018, PRASM announced via Twitter it has closed its public sale. Ahead of a pending Initial Coin Offering, Korea-based PRASM has announced new Memoranda of Understanding with multiple organizations in the healthcare sector. The company’s aim is to establish a blockchain-based bioinformatics network in which users upload their biological data in exchange…

Swiss Startup Pitches Biometric Solution as ID Replacement

Swiss Startup Pitches Biometric Solution as ID Replacement

Switzerland-based startup Zenum has launched a pilot of a new biometric identification solution envisioned as an ID replacement. The pilot is aimed at trialing Proof of Body, a biometric terminal based on vein and fingerprint scanning. Zenum says that in addition to detecting biometric identifiers, the system also allows users to tie a gesture pattern…

UK University, Hong Kong Firm Announces Blockchain Research Center

UK University, Hong Kong Firm Announces Blockchain Research Center

“While blockchain is often associated with cryptocurrency systems today, numerous organizations have started exploring its applications in areas such as civil identity, with the concept of a shared, immutable ledger offering considerable potential for citizen database programs…” A UK university has teamed up with a Hong Kong-based tech firm to explore the benefits of blockchain…

Humaniq Upgrades Biometric Security of Cryptocurrency App

Humaniq Upgrades Biometric Security of Cryptocurrency App

“Such security precautions are vital to an app like Humaniq. Launched toward the end of last year, the platform allows users to trade the company’s HMQ cryptocurrency…” Humaniq has upgraded the biometric security of its eponymous cryptocurrency app. Thanks to new ‘bioID’ settings, the app uses behavioral biometrics to assess patterns in user activity. If…

Raonsecure and theloop Bringing FIDO-Based Biometrics to Blockchain

Raonsecure and theloop Bringing FIDO-Based Biometrics to Blockchain

“…the companies explained that that their blockchain biometrics solution ‘will reduce the security risk which has been inevitable for the centralized systems such as banking service certificates or other private certificates.’” ICT specialist Raonsecure has teamed up with Seoul-based blockchain platform provider theloop to develop a blockchain biometrics system based on FIDO Alliance standards. The companies…

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