Thursday, 25 July 2019

PayPal-backed blockchain aims to help banks verify digital IDs by Penny Crosman via @infomgmt

A new project backed by the government of Luxembourg could ultimately be influential in the U.S., where banks have been slow to develop a shared platform for digital identities.

This sounds like n interesting project which can definitely have a far-reaching impact on the way we are identified in the future for banking and any other financial transaction. However, there are alternatives in development so it's a bit of a race. You can refer to this CCN article to read a little more about them.

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