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The ION network uses Bitcoin Layer 2 solution to verify digital identities in a decentralized manner without relying on any third-party control. The ION nodes can process 10,000 ID requests in a single transaction.On Thursday, March 25, tech giant Microsoft Corp (NASDAQ: MSFT) announced the completion of its Digital Identity
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“Everyone’s car generates a lot of data every day,” points out Jun Li, founder of the open-source digital identity blockchain Ontology.The automotive sector is one in which his company’s ID solution has a clear use case, as each driver’s data can be stored and used to calculate insurance premiums according
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Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company's CEO and world's richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and Reddit co-founder Alexis Ohanian.Draper, who holds around 30,000 BTC according
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Japanese firm Layer X will be partnering with a digital identity application called xID to build a blockchain-based voting system in the Japanese city of Kaga.In a Thursday announcement from LayerX, the Tokyo-based company said it will be developing the electronic voting project in an effort to promote safe and
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Bridgewater Associates founder Ray Dalio asked for and received a heaping dose of “radical candor” Tuesday when he said he’d “love to be corrected” on the negative views about bitcoin he expressed last week. In a Twitter thread, the chairman of the world’s largest hedge fund said, “I might be missing
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Following a similar move by one of its rivals, popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of the year, according to a report by The Block. The largest crypto options exchange by trading volume will ask its users to submit
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BitMEX, which has been charged by the U.S. government and a regulator with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier than its original deadline of early February.Stronger identity verification requirements is an industry trend, said Ben Radclyffe,
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The Korea Internet & Security Agency, or KISA, is the first public entity of South Korea to implement a blockchain-powered employee ID system through a smartphone app starting October.According to Yonhap, the agency will also issue tokens called “KISA Coin” to reward KISA’s best employees, enabling them to purchase snacks,
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Industry insider Dusk Golem has claimed that Resident Evil 8 will be the longest RE Engine game to date. The comments came in response to a fan complaining about the short length of the recent Resi 3 remake. In the long run, how long Resi 8 is will have nothing to do
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Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs. Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft
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