CULedger, Evernym Release Digital ID Blockchain for Credit Unions
The DLT-based system, known as MyCUID, is billed as a way for members of credit unions to protect themselves from identity theft and fraud.
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Mastercard, IBM and the provincial government of British Columbia are among the founding members of the Trust over IP (ToIP) Foundation.
The COVID-19 Credentials Initiative (CCI) is working on a digital certificate to help stop the spread of the virus without compromising user privacy.
The Sovrin Foundation, a digital ID non-profit, laid off all paid employees after failing to secure funding for an SEC-compliant token issuance.
Overstock's Medici Ventures has invested in blockchain ID firm Evernym in a $2 million seed round for potential equity.
Credit union consortium CULedger will use IBM's Hyperledger Fabric, in addition to several other blockchains it's been working with.
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