Tag: digital ID

StrongSalt Raises $3M in Seed Round to Develop Encryption Platform-as-a-Service

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Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Per a Sept. 26 press release, StrongSalt raised $3 million from Valley Capital Partners in a seed round to further develop its encryption platform designed for developers and enterprises. […]

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Chinese Alcohol Wholesaler Testing Anti-Counterfeiting Blockchain Solution

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A major Chinese alcohol wholesaler has begun testing its blockchain verification solution, approximately one year after partnering with a blockchain developer. Oranco, a Chinese alcohol wholesaler and marketer that specializes in Fenjiu liquor and imported wines, is currently testing a blockchain solution to guarantee the authenticity of its products. According to a press release on […]

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Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform

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Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric. Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2. The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be […]

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Cybersecurity Firm WISeKey Launches Blockchain-Powered ID Solution for IoT Devices

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WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things devices and their data. Switzerland-based blockchain and cybersecurity firm WISeKey has launched a new blockchain-powered digital identity solution to protect Internet of Things (IoT) devices and their data. The news was announced in a WISeKey press release on March 29. WISeKey […]

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California Governor Talks Blockchain and Data Privacy in State of the State Speech

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Gavin Newsom, the governor of California, has said that the state needs “to ensure technological advancements in AI, blockchain, big data.” The governor of California Gavin Newsom supported the development of blockchain and artificial intelligence (AI)-based products in his “State of the State” speech, local news outlet CALmatters reported on Feb. 12. In his speech […]

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Blockchain-Based Digital ID Systems Are Increasingly Finding Real-World Use

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Blockchains and digital IDs are moving beyond hype, and bringing real benefits to individuals and organizations. According to the latest estimates, we generate around 2.5 quintillion bytes of data every day. That’s 2.5 followed by 17 zeros — or rather 2.5 trillion million — a number that’s impossible to visualize intuitively, but nonetheless has massive implications […]

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