Since its launch in 2009, India’s e-Identity program, Aadhaar has been the subject of intense debate. Its ardent supporters promote it as a solution to the country’s notoriously wasteful welfare system and its opponents label it a gross violation of privacy. Being Aadhaar-registered myself and having studied the development of the program extensively, the merits…
Enabling services: eID+
“eID+” is a secure, government trusted digital identity platform. At the core of the solution is a mobile app enabling citizens to create and manage their digital identities so they can access related online services. These include secure and convenient logins to websites using two-factor authentication as well as digital signing and secure storage of privacy sensitive documents.
Private keys on the users’ devices replace weak passwords and eliminate phishing risks. Inherence and knowledge factors can be added for multi-factor authentication.
Users no longer have to fill out forms. Instead, they can simply grant third parties access to their data using their eID+ one-click QR code functionality.
Users can have their identity attributes verified by accredited parties such as governmental or financial entities. Once these identity attributes are verified via a REST API, users can transact seamlessly with relying parties, such as other financial institutions or e-commerce websites.
The Crypto Valley Association partners with the Sovrin Foundation to find new ways to help manage digital identities
The Crypto Valley Association (CVA) today announced a partnership with the Sovrin Foundation, an international non-profit that governs the world’s first open public self-sovereign identity (SSI) network, to explore new ways to help business and people manage and store personal identity data on their own devices, and provide it efficiently to those who need to…
2017 was the year of the rise of financing via digital tokens (see chart below). While some initial coin offerings (ICOs) have been asset-backed (i.e. they are the equivalent of raising capital via more traditional means), the majority of ICOs have been for tokens backed by nothing more than the belief in an idea. This…