A pair of US credit reporting agencies are reportedly taking part in a blockchain identity project with a group of Canadian banks.
The group is testing a solution developed by SecureKey, a Toronto-based tech firm, and IBM. The publication quoted Anne-Marie Kelly, who leads identity management and fraud efforts at TransUnion’s Canadian division, who explained:
SecureKey is reportedly moving to monetize the system, expected to fully launch sometime later this year. Per Reuters, the firm "will take a small percentage of the fees data providers like the credit companies receive to provide information through the network".
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