South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung Go to Source Powered by WPeMatico
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Does Blockstack Really Have 1 Million Verified Users?
Does the blockchain confirm Blockstack’s claim of 1 million verified users? It does, sort of Go to Source Powered by WPeMatico
Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. Also read: With New Regulations, Europe’s Crypto Companies May Be Running … Read more
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority in Kiev as the government has indicated its clear understanding that the benefits … Read more
Azerbaijan to Adopt Blockchain-Based ID System in 2020
The Republic of Azerbaijan plans to implement its blockchain digital ID system in Q1 2020 Go to Source Powered by WPeMatico
Major Korean Firms Partner to Launch Blockchain Mobile ID System
Major South Korean firms including Samsung Electronics have partnered to develop a blockchain-based mobile ID system Go to Source Powered by WPeMatico
Fujitsu Unveils Blockchain-Based Identity and Credential Rating Service
Fujitsu has unveiled a blockchain-based solution designed to improve trust in online transactions by using history and ratings to assign users a trustworthiness score Go to Source Powered by WPeMatico
Five Canadian Banks Employ SecureKey Blockchain System to Identify Users
A blockchain-based user identification system developed by tech startup SecureKey Technologies will be employed by five Canadian banks Go to Source Powered by WPeMatico
Mainstream Media Corp. Thomson Reuters Patents Blockchain System for Identity Management
A patent for a blockchain-based identity management system has been awarded to mainstream media corporation Thomson Reuters Go to Source Powered by WPeMatico
Russia: Financial Markets Committee Considers Requiring Identification From Crypto Users
Russia’s government committee on financial markets has suggested an amendment to identify users before granting approval to deal with cryptocurrencies Go to Source Powered by WPeMatico