Identity Financial News

01.03 / 19:13

Blockchain Adoption defi identity Digital Asset Celo Identification Power Soulbound tokens power new identity solution on Celo blockchain

A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves.

17.01 / 23:43

regulation SEC security identity information Crypto miners SEC leaked crypto miners' personal information during investigation: Report

The United States Securities and Exchange Commission, or SEC, has reportedly leaked the names and email addresses of many crypto miners connected to blockchain firm Green.

06.01 / 16:27

Blockchain Ethereum Adoption identity NFT Steez NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim agency using blockchain technology, but what frameworks exist that aid in governing it?

02.01 / 15:41

Government Blockchain Adoption identity services Türkiye to use blockchain-based digital identity for online public services

Türkiye, formerly known as Turkey, plans to use blockchain technology for online public services logins. e-Devlet, Türkiye’s digital government portal used to access a wide range of public services, will use a blockchain-based digital identity to verify Turkish citizens during login.

15.12 / 16:13

Adoption Cybersecurity security identity Identity in the metaverse at risk, says former Windows architect

The metaverse is coming for users at full speed. Companies and brands are jumping into digital reality, and according to a recent survey, consumer interest is climbing alongside all the activity.

13.12 / 20:03

Adoption NFT defi identity MetaMask Institutional, Cobo and Gnosis DAO team up for soulbound token project

Soulbound tokens (SBTs) are becoming a mainstay in the Web3 space for users and projects to define themselves in digital reality.

18.11 / 07:17

defi Scams Fraud identity Crypto scammers are using black market identities to avoid detection: CertiK

Crypto scammers have been accessing a “cheap and easy” black market of individuals willing to put their name and face on fraudulent projects — all for the low price of $8, blockchain security firm CertiK has uncovered.

28.10 / 22:33

markets Twitter defi identity Self-sovereignty in the creator economy and Web3 — Is there room for both?

On Oct. 28, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Web3 content writer, Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.

27.10 / 16:15

Blockchain defi JPMorgan identity JPMorgan Exploring Digital Identity Wallets in Web3

Major investment bank JPMorgan is exploring a future in “the new web” that would see users “freely traverse across digital realms in a trusted way, all using one digital identity in multiple places.”

27.10 / 08:19

business partnerships identity KYC Equifax—known for huge data breach—is building a Web3 KYC solution

Credit reporting company Equifax, known for suffering from one of the largest customer data breaches to date, has partnered with blockchain company Oasis Labs to build a Know Your Customer (KYC) solution.

14.10 / 14:57

Blockchain identity How to Crypto How does zero-knowledge proof authentication help create a portable digital identity solution?

Web engineers have been working for a long time to determine if there is a way to prove something is true without revealing any data that substantiates the claim. Zero-knowledge proof (ZKP) technology has enabled the deployment of cryptographic algorithms for verifying the veracity of claims regarding the possession of data without unraveling it. These proof mechanisms have led to advanced mechanisms that enhance privacy and security.

28.09 / 18:07

Blockchain Technology Ethereum identity Future Are decentralized digital identities the future or just a niche use case?

As users take advantage of online services and explore the internet, they eventually create a digital identity. This type of identity is then tied to central entities like Google and Facebook, which make it easier to share data with new services through simple sign-in buttons.

20.09 / 15:39

business Web3 identity services Payments platform Fuse integrates ChromePay to bring DID services to Africa

Web3 payments platform Fuse has partnered with ChromePay, an identity-based payment solution, to launch a new suite of payment products in Africa — a move designed to boost financial inclusion on the continent.

20.09 / 14:05

NFT defi identity Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here's why

Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as demand for digital assets grows, the need for regulation grows too.

28.08 / 18:13

privacy security identity Coronavirus Soulbound Tokens vs Self-Sovereign Identity: Web3’s Search for a Digital ID Solution

11.08 / 19:27

Blockchain Technology Digital identity Reinventing yourself in the Metaverse through digital identity

The Metaverse has become one of the biggest buzzwords of the year as a number of brands, companies and even countries begin to explore virtual worlds to conduct business. Even though Metaverse development is still underway, a recent report from the technology research and advisory firm Technavio found that the Metaverse will hit a market share value of $50.37 billion by the year 2026.

01.08 / 16:03

business Blockchain Binance identity First Binance soulbound token BAB targets KYC user credentials

Binance cryptocurrency exchange is moving towards decentralized identity tools by launching its first-ever token designed to certify verified user status on the platform.

10.07 / 14:55

Technology Ethereum Adoption identity Your crypto wallet is the key to your Web3 identity

Digital identity has been a fraught subject since the earliest days of the internet. Web2 bridged the gap between people’s offline lives, online identities, and creative and consumer habits, which has given way to a thoroughly integrated internet experience designed to be as personalized and targeted as possible. As a new phase of virtual interaction and digital identity appears on the horizon — one even more interconnected than Web2 — we need to rethink personalization and ownership with an eye to what did and didn’t work in the world of Web2.

08.07 / 18:21

Government Law Adoption identity Future Customer Know thy customer: The future of KYC in crypto

Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, but cohabitation is inevitable for the maturing industry.

01.06 / 01:07

Blockchain NFT data identity NFT domains marketplace launches minting of .metaverse, .VR, .chain addresses

An NFT domain marketplace has announced that it's allowing a plethora of premium extensions to be minted — including .metaverse, .VR, and .chain.

28.05 / 08:17

Blockchain Technology Adoption identity Identity and the Metaverse: Decentralized control

“The Metaverse” and “Web3” are the buzzwords of the moment, with their concepts permeating across the worlds of fintech, blockchain, and now even mainstream media. With decentralization thought to be at the core of the Web3 Metaverse, the promise of a better user experience, security and control for consumers is what’s driving its growth. But with users’ identities at the heart of the Metaverse, coupled with unprecedented amounts of data online, there are concerns over data security, privacy and interoperability. This has the potential to hinder the development of the Metaverse, but both regulated and self-sovereign identities could play an important role in ensuring that we truly own our identity and data within this new space.

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