Sentences with phrase «decentralized identity system»

With a decentralized identity system, a person could manage his or her entire online identity without the worry of it being censored or abused in any way by a central authority.

At the moment Microsoft is working in order to provide a decentralized identity system.

This new technology combines a decentralized identity system, domain name registry and storage network to recreate a functional internet along decentralized rails.

There will ideally be a decentralized identity system, like the Keyhotee system.

On a more positive note, Microsoft on Monday announced that it'll support decentralized identities systems built on Bitcoin and other blockchains, which shows, again, the potential of the blockchain technology, and why companies are so interested in it.

Not exact matches

Microsoft just announced plans to work on a decentralized, blockchain - based system to verify identity.

Reuters reports that IBM (NYSE: IBM) joins Sovrin Foundation, a private non-profit that wants to build a global blockchain system for decentralizing identity.

Akasha and uPort, for instance, are both dependent on IPFS for a system of decentralized storage, while Akasha ultimately aims one day to add support for uPort for identity purposes.

In a decentralized system trust is based on attestations: claims that other entities endorse — which helps prove facets of one's identity.

This is a completely decentralized system and can be operated at global or local level via a distributed identity ledger which is run by different trusted parties across the Blockchain.

«While some blockchain communities have increased on - chain transaction capacity (e.g. blocksize increases), this approach generally degrades the decentralized state of the network and can not reach the millions of transactions per second the system would generate at world - scale,» Alex Simons, director of program management at Microsoft Identity Division, wrote in a blog post.

The company has instilled a new port of the Ethereum Virtual Machine to «extend Bitcoin's capabilities to include smart contracts — allowing decentralized autonomous organizations, social networks and identity systems, programmatic escrow systems, gambling and prediction markets.»

There is a number of Dragonchain use cases such as identity systems, ticketing, decentralized processing, computing, and storage framework, voting systems, smart contract, reporting and compliance, funding and accountancy, generic crypto - store, payments policy, organization inside currency, open source software project control, Intellectual Property marketplace, customer facing currencies — ecosystem exchange (physical or virtual, gaming), reservations (room, travel, table...), Internet of Things etc..

IBM will now join Sovrin Foundation, a private and non-profit making organization to create a digital decentralized identity network system that uses the Blockchain Technology to provide the most secure, private and reliable transactions across the world.

The Indorse platform will be integrated with a number of decentralized applications (DApps) including: Attores Certificate Issuance Platform, Inter Planetary File System (IPFS), uPort identity system, Truffle, Spectrum and SSystem (IPFS), uPort identity system, Truffle, Spectrum and Ssystem, Truffle, Spectrum and Status.

The foundation of a decentralized credit system is a securely established and verified identity.

SelfKey, a blockchain - based digital identity system specializing in decentralized control of personal data, continues to tick off milestones as...

We're honored to join this community and bring a purpose - built identity system that is just as decentralized as they are — and which can interoperate with all of them.»

Through this collaboration, Microsoft expects «to produce a cross-chain identity solution that can be extended to any future blockchains or new kinds of decentralized, distributed systems.»

According to Max Kordek, Lisk can serve as a platform for developing «decentralized storage module, decentralized voting, usernames, identities, trust system, messaging, social networks, sharing economies.»