Wednesday, February 15, 2017

Good news for the sandbox

Cryptocoin: Leading identity and authentication provider SecureKey and a Canadian non-profit coalition have been granted funding from a research center within the U.S. Department of Homeland Security to build a digital identity network using blockchain technology.In a report from Reuters, the grant for up to $800,000 from the Command Control and Interoperability Center for Advanced Data Analytics (CCICADA) will help SecureKey and the Digital ID and Authentication Council of Canada (DIACC), the non-profit coalition, to construct a digital network.It is hoped that this digital system will permit the public to gain access to online services without the need to remember passwords or even prove their identity, but still maintaining their privacy and security throughout.
Let me say. At the core of secure , anonymous transactions is something called the token, derived from secure keys.  It has different names as folks approach the concept, but they will all appear in the right place in the architecture.  Payment tokens or labels, Card ID authorizations for trading in the box,  and a few names outthere.  Whatever the name or semantic, the industry will easily sort this out.

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