Create digital ID with blockchain technology

Information Leakage Scandals

CEO Facebook Mark Zuckerberg testifies before the United States House Committee on Energy and Commerce

Why did this happen?

  • Cybercriminals, mainly hackers, try to spread malicious viruses or hack the system to take identity data and sell them for personal purposes.
  • Carelessness: Many people didn’t realize that some of their simple actions can cause damage to their companies like click on a link (that might contain malicious virus).
  • Employees are willing to sell company data for money.

Create Digital ID with blockchain

Digital ID with blockchain technology
  • Public key: available to everyone in the system. It is used to encrypt user data, mutate it into a digital form that only computers can read.
  • Private key: It is stored in the user’s device only and used to decrypt data, convert it into a normal form that humans can read.





The Permissioned Business Blockchain for Enterprises

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Liquidity rewards program

A new “consensus”: The Tangle Multiverse [Part 2]

AMA Recap: RioDeFi x Lepricon

Introducing ConnectJob’s Legal Advisor, Hubert de Vauplane

Why reforestation helps tackle the climate crisis

Guide — SolX Gaming Guild Incubator Sale (22nd Nov at 12:00 UTC)

Upskill Your Career in Blockchain

Why cryptocurrency and blockchain will help the unbanked gain equal financial footing in the…

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store

The Permissioned Business Blockchain for Enterprises

More from Medium

The Transition: A Web 1.0 to Web 3.0 Story

Know How Blockchain Intensifies The Power of IoT

Web 1.0 vs Web 2.0 vs Web 3.0

The Complete Guide on How to Create NFT