No more pushes and pushbacks: Digital ID solves the privacy dilemma
The need for secure, privacy-centric, fraud-proof digital identities that allow us to demonstrate our credentials has never been greater. A year unlike any other, when much of life went online, created a compelling case for digital identity. Talk of “immunity passports,” privacy-protecting contact tracing apps and even a potential move to online voting systems all speak to the need for robust digital identities.In July 2020, the World Economic Forum published a briefing paper covering the risks and opportunities around “the internet of bodies.” From wearable technology to connected medical....
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How private is your bitcoin wallet? The Open Bitcoin Privacy Project (OBPP), a global, not-for-profit organization devoted to improving financial privacy in the bitcoin ecosystem, attempts to offer some guidance with its Bitcoin Privacy Rating Report. OBPP has released its second edition of the report, scoring 20 wallets on their privacy features. The top ranking in this report goes to Ledger, which earned a score of 50 out of 100 possible points, based on usability, quality and feedback. OBPP’s goal is to make financial privacy visible so that users can make informed choices about privacy....
In addition to allowing merchants to accept bitcoin, digital payment processor GoCoin has announced that they have enabled litecoin payment processing - making them one of the first digital payment processor to do so. It's big news for the litecoin community, and GoCoin says that it solves the "Where can I spend my litecoins?" dilemma, much like in the early days of bitcoin. "GoCoin's platform was specifically designed from the beginning to easily accommodate emerging digital currencies, such as Litecoin, because we saw the massive potential of the digital currency market," said Steve....
Break of psychological threshold pushes largest cryptocurrency's year-to-date return to 70%, as a new breed of upstart tokens pushes industry market cap past $1.5T.
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for the eurozone’s digital fiat. User Anonymity Not Desirable for Digital Euro, ECB Says A presentation by the European Central Bank has thrown some light on the regulator’s “preliminary views” on the privacy-related features of the digital euro. It comes as the project to issue a....