SecureKey Taps IBM Blockchain for Digital Identity System Launch

Canadian startup SecureKey has revealed it will soon launch a blockchain-based system providing identity verification across the country.

Expected to go live in early 2018, the new digital identity platform utilizes IBM’s blockchain technology, enabling consumers to prove their identity using cellphones and Windows devices to governments, banks and telecom providers, said Greg Wolfond, CEO of SecureKey.

According to Bloomberg, Wolfond said the blockchain ID system enables consumers to control and share their personal information without going through centralized systems that create “honeypots” of valuable information that are vulnerable to hackers.

Wolfond added: […]

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