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“# Adobe offers users the ability to verify NFT marketplace creations through metadata ” Many nonfungible token marketplaces are allowing digital collectors to identify artwork based on the wallet address of the creator through a partnership with software giant Adobe. In an Oct. 26 announcement, Adobe said it would be partnering with major nonfungible token,…
“# Regulators are coming for crypto: Is digital identity the answer? ” The regulators are closing in. It’s one thing to unbundle market functions to their parts ― custody, aggregators and Prime Brokerage ― to satisfy institutional compliance departments. It’s another to keep regulators happy. From the Financial Action Task Force pushing forward with its…
“# Blockchain will transform government services, and that’s just the beginning ” Governments are tasked with bringing fair and efficient services to the public. Unfortunately, providing transparency and accountability often results in a reduction in efficiency and effectiveness or vice versa. Governments are usually forced to choose to improve one at the cost of the…
“# Ethereum Foundation backs Spruce’s vision for decentralized identity verification ” The Ethereum Foundation (EF) and Ethereum Name Service (ENS) are backing a proposed system for secure sign-in using Ethereum from decentralized identity software firm Spruce. Spruce’s system was selected after EF and ENS submitted a Request for Proposals in July encouraging developers and software…
“# Blockchain identity market to grow $3.58B by 2025, report claims ” A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down…
“# Blockchain tech is holding NFTs back because of these three design flaws ” Years after CryptoKitties were released to the masses, the nonfungible token (NFT) sector is finally going places. Coveted collectibles are selling for millions of dollars in some of the world’s finest auction houses. Top-flight soccer and basketball teams are releasing once-in-a-lifetime…
“# Nigeria’s comms minister links blockchain to national digital innovation efforts ” Speaking during Wednesday’s annual Digital Africa Conference, Isa Pantami, Nigeria’s Minister of Communications and Digital Economy, identified blockchain as part of the government’s focus on emerging technologies, according to a report by Voice of Nigeria. Highlighting the conference theme — “Building a New…
“# Decentralized identity can bring the analog world into the digital one ” It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust…
“# IOHK partners with Ethiopian government to revamp education system ” Input Output Hong Kong, or IOHK, is helping the government of Ethiopia leverage blockchain technology to overhaul its education system. The research and development arm behind Cardano is deploying its expertise to provide Ethiopian authorities with a new system for student and teacher identification,…
“# SelfKey (KEY) gains 450% after DeFi pivot and data management upgrades ” Data has become one of the most valuable resources on the planet and its analysis, collection and monetization have helped companies like Google and Facebook achieve blue-chip status in the eyes of investors. With monetization comes risk and privacy protection is one…