The Future of Identity Management using Blockchain

Written by falconite | Published 2019/08/03
Tech Story Tags: blockchain | identity-management | blockchain-refugee-camp | msme | identity-verification | personal-data-security | identity-management-blockchain | latest-tech-stories | web-monetization

TLDR According to available data, 16.7 million people fell victim to identity fraud in 2017 in the United States alone. The Equifax data hack is a good example of how improper data safeguarding procedures can lead to the theft of millions of users’ personal data. The recent Facebook-Cambridge Analytica data scandal is claimed to have even influenced the US elections.Blockchain technology is being used in various identity management and verification in a wide variety of applications today, ranging from humanitarian efforts to financial sectors.via the TL;DR App
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Published by HackerNoon on 2019/08/03
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