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“# Blockchain can stamp out fake news and rebuild trust in mass media ” Fact-checking agencies are in charge of verifying facts and claims in the news that may be distorted in the process of rewriting or for any political purposes. The news text may consist of truthful information written in a neutral format peculiar…
“# Voting evolved: Blockchain tech outshines paper ballots and e-voting ” Voting is a very important part of any democracy, as it gives its citizens the chance to participate in the democratic governance process. In a democracy, the objective of voting is not just the creation of government but a collective effort that drives the…
“# Germany’s blockchain initiative: How adoption became a reality in 2020 ” Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by the federal government itself, which tries to preserve and promote the…
“#Decentralized identity is the way to fighting data and privacy theft “ Decentralized identity is a function of blockchain technology that delivers real-world benefits to users quickly and easily, allowing them to benefit from things such as easier logins, faster credit checks and an overall smoother online experience. The proliferation of websites, e-commerce hubs and…
“# No more pushes and pushbacks: Digital ID solves the privacy dilemma ” A year unlike any other, when much of life went online, created a compelling case for digital identity. Talk of “immunity passports,” privacy-protecting contact tracing apps and even a potential move to online voting systems all speak to the need for robust…
“# Fetch and Yoti join forces to bring KYC to autonomous DeFi agents ” Fetch.ai, a project building a network of autonomous agents for blockchains, has announced a partnership with Yoti, a digital identity provider. Blockchains, and DeFi smart contracts in particular, often require manual interactions to trigger specific events. These could be contract calls,…
“# Iconloop secures gov backing to test blockchain driver’s license project ” Enterprise blockchain firm Iconloop has secured approval from South Korea’s Ministry of Science and ICT to test its decentralized identity, or DID, technology system to manage driver’s license data in the country. According to an announcement from the company, the trial run aims…
“# These 2020 blockchain tech developments have set the stage for 2021 ” January will mark 12 years since the Bitcoin genesis block. In that time, blockchain technology has made many significant strides forward. The launch of Ethereum in 2015 introduced smart contracts and token minting. Subsequent years saw developments in areas, such as transaction…
“# Tencent joins forces with ShareRing to launch blockchain digital ID platform ” Chinese conglomerate Tencent Holdings is joining forces with blockchain company ShareRing to launch a new digital identification system to streamline international travel amid the pandemic. As the South China Morning Post reported Tuesday, ShareRing will combine its distributed ledger technology with Tencent’s…
“# Japanese payments firm JCB and Mizuho Bank test blockchain-based ID ” Major financial institutions in Japan are moving into blockchain to streamline digital identity systems. Japan’s third-largest bank, Mizuho Bank, and local payment giant JCB are preparing to pilot a digital identity interoperability system based on blockchain technology. The new system will utilize a…