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Tag Archives: Identities

How Digital Identities Can Help a Population in …

According to statistics from the United Nations Refugee Agency, there are 25.4 million refugees in the world and some 3.1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create. For those in the blockchain industry, today may also serve as a reminder for how ...

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Two Thirds of US, EU Crypto Exchanges Fail to Verify Customer Identities

Analyst P.A.ID Strategies has revealed the results of research into the on-boarding practices of cryptocurrency wallets and exchanges across the U.S. and Europe, research that focused on which of these crypto service providers are using Know Your Customer (KYC) checks when on-boarding customers. These companies might have to change their protocols when the EU’s anti money laundering regulations come into effect ...

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Mastercard Patents Blockchain Tech To Combat Fake Identities

Mastercard has filed a patent for a Blockchain system to store and verify identity data, in an application published by the U.S Patent and Trademark Office (USPTO) April 12. Mastercard states: “Traditionally, proof [of identity] has been provided via government identification, credit cards, business cards…[such] proof may be inaccurate… or may be entirely fabricated in ways that may be difficult ...

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