Displaying Category: Blockchain News  Company News  Identity Theft

Blockchain-based IM – a Great Ally in Preventing Data Breaches

May 3, 2018

From retail and restaurants to fitness and the sharing economy, no industry is safe from data breaches. The recent rise of data breaches is not a coincidence, but rather a side effect of the inefficient methods used to store data and share it among individuals and organizations. Blockchain technology, as an immutable ledger, provides a basis for sharing verifications of data, such as names, birthdates, credit information, etc., without storing this information within an organization’s...

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Mobile Identity: What if I Lose My Phone?

February 22, 2018

Mobile identity verified on the blockchain is great.  I don’t need to remember usernames and passwords for the services I want to access.  Services and places become accessible just because I have my mobile device. I share only the parts of my identity and credentials that I want to share with whom I want to share them. Easy access. More secure. Pretty powerful.   But what happens if I lose my phone?  Will I be...

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Why ShoCard is the Premier Blockchain-Based Mobile Identity Platform

January 31, 2018

Running Ahead of the Pack The mobile digital identity market is getting crowded, and we feel it’s time we share how ShoCard is different from the others, why we claim to be the premier blockchain-based mobile identity platform, and how our products run ahead of the pack. We began building ShoCard products as far back as 2015 (which is ancient in the blockchain technology world), and they are in existence and production today. We take...

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“Checkmate, Hackers!”– BYOID “Bring Your Own Identity” Puts YOU in Control of Your Personal Data

January 24, 2018

And why you should be asking service providers for BYOID When a friend invites you to a party and you see it’s BYOB, you know it’s probably going to be a casual, easy-going kind of event.  Whether you think it’s “bring your own bottle” or “bring your own booze” or “bring your own beer” doesn’t matter that much. What does matter is that you know you get to choose what you drink. You’re in control....

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Are you ready for GDPR? EU Could Fine U.S. Companies for Not Complying

January 17, 2018

ShoCard gives users control of their data On May 25, 2018, the EU’s GDPR (General Data Protection Regulation) takes effect. This regulation requires businesses (both inside and outside the EU) to change the way they store personally identifiable information (PII) on EU individuals.     This regulation applies to ANY company processing and holding the personal data of persons residing in the European Union, no matter where the company is located or where its data...

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