Identity

Online Payment Fraud is Flourishing: Users Might Lose Over $206B by 2025
Jul 15, 2021 at 11:00
News
Online Payment Fraud is Flourishing: Users Might Lose Over $206B by 2025
According to the new study by Juniper Research, online businesses globally will lose more than $206 bln from online payment fraud by 2025. The figure is almost 10x equal to Amazon's net income recorded in the last year (2020).
Light-Fingered Cryptopia’s Employee Was Not Involved in the 2019 Hack
Jul 07, 2021 at 13:00
News
Light-Fingered Cryptopia’s Employee Was Not Involved in the 2019 Hack
The former Cryptopia employee, whose identity was not revealed for security reasons, was charged for the theft of customer data and stealing about $250,000 worth of cryptocurrencies when he appeared in Christchurch District Court on July 5. The man was later released on bail until the final trial on October 20, 2021.
Digital Identification Might Replace Physical IDs by 2025, but Is It Actually Better?
Nov 23, 2020 at 14:03
News
Digital Identification Might Replace Physical IDs by 2025, but Is It Actually Better?
Global digitization and coronavirus pandemic have created the need for innovative solutions to replace some traditional ones. Digital identification (ID) is one of such significant solutions trending in the world.
50 Bitcoins from the One of Its First Blocks Moved After 11 Years of Silence
May 23, 2020 at 10:18
News
50 Bitcoins from the One of Its First Blocks Moved After 11 Years of Silence
On May 20, an anonymous user moved 50 Bitcoins from a wallet that remained idle since February 2009. The community was in turmoil, while the BTC price dipped instantly. Was that Satoshi Nakamoto?
Blockchain-Based Solutions Trigger the Wide-Reaching Progress of Identity Authentication Tools
May 15, 2020 at 14:27
News
Blockchain-Based Solutions Trigger the Wide-Reaching Progress of Identity Authentication Tools
The market for identity authentication management using blockchain and distributed ledger technology (DLT) is likely to grow to around $11.46 bln by the year 2026 – just six years from today.
Apple Becomes the Latest Member of FIDO in the Race to Passwordless Authentication
Feb 13, 2020 at 09:24
News
Apple Becomes the Latest Member of FIDO in the Race to Passwordless Authentication
Apple Inc has become the newest member of the Fast Identity Alliance Online (FIDO) a group aiming to have zero password access to devices. Among the association members are big names such as Google, Microsoft, Amazon, Intel, ARM and Samsung.
Make Bitcoin Fungible by Using Crypto Tumbler
Jan 20, 2020 at 13:02
News
Make Bitcoin Fungible by Using Crypto Tumbler
The fungibility of Bitcoin has been an issue of contention among many. The question is, “can a quantity of bitcoin be swapped for another of equal value?” The answer is yes because can lend you one bitcoin and when you pay me back, it doesn’t have to be the exact BTC that I gave you. This means that Bitcoin is fungible.
Catalonia to Create Blockchain Identity System for People
Sep 16, 2019 at 12:14
News
Catalonia to Create Blockchain Identity System for People
On September 7, the Catalonian administration disclosed it will create a decentralized platform intended to provide nationals control of their private information when networking with online services.
Italy to Use Blockchain and IoT for Digital Identity
Sep 05, 2019 at 12:06
News
Italy to Use Blockchain and IoT for Digital Identity
Blockchain and distributed ledger technology (DLT) can now be used for Digital identity on the internet of things (IoT) in Italy. The combination of Internet of Things and DLTs such as the blockchain enables an interesting digital model for IoT, and tend to create new avenues for implementing and protecting IoT systems. Let us have a look at some of the important reference models.
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