Identity https://www.identity.com/ Decentralized Digital Identity Wed, 24 Jan 2024 10:42:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 Gateway Protocol: Building Decentralized Identity Solutions https://www.identity.com/gateway-protocol-building-decentralized-identity-solutions/ Wed, 24 Jan 2024 16:00:59 +0000 https://www.identity.com/?p=1703 The Challenges of Centralized Identity Systems Identity has always played a crucial role in human existence. In our digital era, the management of identities has become a fundamental component of online interactions. Traditionally, centralized identity systems, where a single entity oversees and validates user identities, have been the cornerstone of these interactions. Nevertheless, these systems…

The post Gateway Protocol: Building Decentralized Identity Solutions appeared first on Identity.

]]> What Is eKYC? Understanding Electronic Know Your Customer https://www.identity.com/what-is-ekyc-understanding-electronic-know-your-customer/ Mon, 15 Jan 2024 16:00:45 +0000 https://www.identity.com/?p=1695 Key Takeaways: Traditional KYC is essential for preventing financial crimes and building trust with customers. eKYC modernizes KYC processes with digital solutions, enhancing efficiency and security. eKYC improves customer onboarding and ensures adherence to regulatory compliance. It incorporates advanced technologies such as OCR, biometric authentication, AI, and blockchain to streamline and secure the verification process.…

The post What Is eKYC? Understanding Electronic Know Your Customer appeared first on Identity.

]]> Deepfake AI: How Verified Credentials Enhance Media Authenticity https://www.identity.com/deepfake-ai-how-verified-credentials-enhance-media-authenticity/ Wed, 03 Jan 2024 15:30:33 +0000 https://www.identity.com/?p=1689 Key Takeaways: Deepfakes are AI-generated fake media, mimicking real videos, images, and audio with high accuracy. They undermine media integrity, influencing journalism, legal systems, and democracy. Types include face-swapping, audio, and text-based deepfakes, each with unique deception methods. Built on Generative AI technologies like Variational Autoencoders and Generative Adversarial Networks. Combatting deepfakes involves blockchain technology,…

The post Deepfake AI: How Verified Credentials Enhance Media Authenticity appeared first on Identity.

]]> What Is EU’s eIDAS Regulation? https://www.identity.com/what-is-eus-eidas-regulation/ Wed, 27 Dec 2023 17:00:44 +0000 https://www.identity.com/?p=1687 Before eIDAS, the EU’s digital landscape was quite fragmented. Each country had its own rules for online identification and digital trust services, making it hard for individuals and businesses to work smoothly across borders. There were no uniform rules for electronic signatures, and people generally didn’t trust digital processes. This lack of consistency made doing…

The post What Is EU’s eIDAS Regulation? appeared first on Identity.

]]> What Is Counter-Terrorist Financing (CTF)? https://www.identity.com/what-is-counter-terrorist-financing-ctf/ Mon, 18 Dec 2023 17:00:15 +0000 https://www.identity.com/?p=1681 Terrorism: A Global Threat and the Rise of CTF There is no doubt that terrorism has wrecked lives, properties, industries, and economies across the globe. In addition to destroying lives and infrastructure, terrorist activities have a profound impact on societies and economies. Terrorism characterizes itself through indiscriminate violence and the use of fear and intimidation…

The post What Is Counter-Terrorist Financing (CTF)? appeared first on Identity.

]]> Unlocking the Metaverse: Exploring Virtual Identities https://www.identity.com/unlocking-the-metaverse-exploring-virtual-identities/ Mon, 11 Dec 2023 17:00:36 +0000 https://www.identity.com/?p=1672 Key Takeaways: The Metaverse, an evolving concept, is a network of virtual worlds promising to revolutionize digital interaction. It’s under active development, with varying definitions and perspectives from tech leaders like Mark Zuckerberg and Matthew Ball. The Metaverse relies on technologies like VR, AR, and blockchain for immersive experiences and decentralization. Digital identity plays a…

The post Unlocking the Metaverse: Exploring Virtual Identities appeared first on Identity.

]]> 2025 IRS Proposed Regulations for Digital Asset Reporting https://www.identity.com/2025-irs-proposed-regulations-for-digital-asset-reporting/ Mon, 04 Dec 2023 17:00:54 +0000 https://www.identity.com/?p=1656 Introduction: Exploring the Impact of Digital Assets on Global Finance On August 25, 2023, the US Treasury Department and IRS proposed new regulations for digital assets, set to take effect on January 1, 2025. These regulations aim to bring the tax reporting for digital assets in line with that of traditional financial instruments. Under the…

The post 2025 IRS Proposed Regulations for Digital Asset Reporting appeared first on Identity.

]]> Know Your Donor (KYD): Customer Due Diligence for Charities https://www.identity.com/know-your-donor-kyd-customer-due-diligence-for-charities/ Mon, 27 Nov 2023 17:00:50 +0000 https://www.identity.com/?p=1647 Introduction: Charities and The KYD Approach Charities are a vital part of civil society, helping to bridge gaps in social services and address pressing issues. They are non-profit entities dedicated to improving the well-being of individuals, communities, and the environment. Charities tackle various social problems such as poverty, hunger, homelessness, healthcare, education, disaster relief, animal…

The post Know Your Donor (KYD): Customer Due Diligence for Charities appeared first on Identity.

]]> What Is a Digital ID? Understanding Your Digital Identity https://www.identity.com/what-is-a-digital-id/ Mon, 20 Nov 2023 17:00:25 +0000 https://www.identity.com/?p=1636 Digital Identity: The Representation of Our True Identity When considering our identity, we tend to concentrate on tangible aspects such as our names, addresses, and birthdates. Yet, this is only a fraction of who we truly are. Our digital ID goes way beyond these basics, into the essence of who we are as individuals. Identity…

The post What Is a Digital ID? Understanding Your Digital Identity appeared first on Identity.

]]>