London, 16 February 2018: Mattereum and InsurePal have announced the Identity Insurance Consortium (IIC) to drive insurance-based identity solutions to underpin the security of commerce on the blockchain. The IIC represents the infrastructure network of services covering critical aspects needed to accelerate the adoption of blockchain commerce. New members are invited to join the consortium in order to grow the ecosystem of identity sovereign assurers building a global network of trusted partners. Mattereum, the company founded by the launch release coordinator of the blockchain platform Ethereum, Vinay Gupta, with co-founder Rob Knight, and InsurePal, the first decentralized social proof insurancePowered by WPeMatico