Tagged: privacy

September 3, 2023 @ 8:14 pm By Omar Faridi  |  

Growing numbers of world governments are beginning to scrutinize the services provided by Worldcoin, which is described as a crypto-related initiative that’s co-founded by OpenAI Chief Executive Officer Sam Altman that was officially launched in July of this year. Nearly 2.3 million consumers throughout the… Read More

August 20, 2023 @ 6:23 pm By Omar Faridi  |  

A “significant” advancement has been made in the decentralized finance (DeFi) sector as 0xKYC, a developer of pioneering permissionless identity solutions, joins forces with Hinkal Protocol, a privacy-focused DeFi platform. This partnership marks a thoughtful integration of compliance and privacy, creating an environment “where private… Read More

August 8, 2023 @ 4:06 pm By Omar Faridi  |  

This announcement marks a significant milestone in the digital landscape as NexeraID in collaboration with PolygonID unveil their Web3 Compliance initiative. This project sets a standard for privacy protection while “ensuring strict adherence to regulatory requirements in the ever-evolving realm of Web3 compliance.” With the… Read More

August 3, 2023 @ 3:12 pm By Omar Faridi  |  

Kenya’s interior ministry revealed on Wednesday (August 2, 2023) that it would be suspending the local activities of the crypto-related initiative Worldcoin as the nation’s authorities assess various risks to the public’s general safety. The initiative established by OpenAI Chief Executive Officer Sam Altman was… Read More

August 3, 2023 @ 9:45 am By Omar Faridi  |  

We recently connected with Peter Barcak, Founder & CEO of credolab, which claims to be today’s largest developer of bank-grade digital scorecards and data enrichment solutions based on behavioral metadata. The company leverages privacy-consented and anonymous smartphone and online metadata to provide lenders, risk officers,… Read More

August 1, 2023 @ 10:55 pm By Omar Faridi  |  

France’s privacy-focused watchdog CNIL stated on Friday (July 28, 2023) that it is well aware of ChatGPT-founder Sam Altman‘s Worldcoin initiative and that the legality of its biometric data collection process appears to “questionable.” Worldcoin, which was officially introduced on Monday, requires clients to offer… Read More

July 13, 2023 @ 12:30 pm By Omar Faridi  |  

Brazil’s CBDC (or central bank digital currency) codebase could potentially freeze or even reduce funds. This, according to an analysis by a blockchain developer. According to a reports, a blockchain/DLT developer found certain functions that could potentially allow a centralized entity to freeze payments or… Read More

June 23, 2023 @ 11:24 am By Omar Faridi  |  

Monero’s encryption tech, which makes use of signatures from several different users to conceal who has carried out a monetary transfer, has reportedly not been hacked by any nation (at least it has not been widely reported). As reported by Fast Company, analysts with the… Read More

June 21, 2023 @ 9:53 am By Omar Faridi  |  

We recently caught up with Valerii Brizhatiuk, Chief Product Officer, Co-Founder at Swisstronik, a layer-1 solution designed to build scalable decentralized applications that ensure users’ data protection and privacy, while remaining in compliance with local regulations. According to the project team, Swisstronik is unique because… Read More

June 6, 2023 @ 9:51 pm By Omar Faridi  |  

AntChain announced a new collaboration with Intel to launch AntChain Massive Data Privacy-Preserving Computing Platform (MAPPIC), a new privacy-preserving computing (PPC) platform that brings a data privacy protection solution for large-scale AI machine learning. As a Software-as-a-Service (SaaS) platform, MAPPIC is based “on the Trusted… Read More

May 26, 2023 @ 10:50 am By Omar Faridi  |  

Recurly, a subscription management and billing platform, announced it has taken the necessary steps to support functions that fall within the Health Insurance Portability and Accountability Act (HIPAA), which serves “as the U.S. national standard for health information security and privacy.” Dan Burkhart, co-founder and… Read More

May 23, 2023 @ 11:17 pm By Omar Faridi  |  

Ontology, a blockchain network focused on enhancing trust, privacy, and security in Web3 by offering decentralized identity and data solutions, has formed a partnership with Alchemy Pay to integrate its on and off ramp solution. Through Alchemy Pay’s plugin, dApps and platforms on Ontology “can… Read More

May 14, 2023 @ 11:49 am By Omar Faridi  |  

Equifax (NYSE: EFX) is furthering its commitment to transparency in cybersecurity by making its security and privacy controls framework public for the benefit of security and privacy teams at organizations of all sizes. By enabling the larger technology ecosystem with the tools to design, build… Read More

May 3, 2023 @ 10:06 pm By Omar Faridi  |  

CYTRIO, a next-generation data privacy compliance company, introduced a comprehensive data privacy UX platform that includes consent and preference management, do not sell my information, Data Subject Access Request (DSAR) management, and policy templates in one data privacy compliance platform. Businesses of all sizes “can… Read More

April 29, 2023 @ 12:18 pm By Omar Faridi  |  

ARPA Network has secured a strategic investment from DWF Labs. Together, DWF Labs and ARPA Network will aim to “establish a vibrant, dynamic collaboration, poised to transform the blockchain landscape and usher in new standards of privacy, security, and fairness.” This might “include actions aimed… Read More

April 3, 2023 @ 11:00 am By Omar Faridi  |  

The birth of blockblend.io in March of 2022 brought various privacy features to the crypto space. BlockBlend reportedly became a catalyst “allowing blockchain users to protect themselves and their anonymity.” Aimed at the retail level users, BlockBlend marks one year of operations “with their unique… Read More

March 10, 2023 @ 10:13 am By Omar Faridi  |  

Violet, the provider of privacy-protective compliance and identity infrastructure for Decentralized Finance (DeFi), announced the launch of Mauve, the compliant Decentralized Exchange (DEX) purpose-built “to offer the best of both DeFi and Traditional Finance (TradFi) to the crypto markets.” Backed by $15 million in funding… Read More

March 9, 2023 @ 12:58 pm By Omar Faridi  |  

Following a $3.5 million seed round in November, Elusiv has developed rapidly to make privacy in Web 3 practical. Recently, the protocol launched on Solana Mainnet, bringing “a suite of zero-knowledge encryption features to the Solana ecosystem that overcomes a central Web3 pain point: Ensuring… Read More

March 7, 2023 @ 8:37 am By Omar Faridi  |  

Nym, a network layer privacy provider, has announced a Nym integration with Ethereum validators and even clients “to provide network-level privacy to the entire ecosystem.” A libp2p module “enables over half a million Ethereum validators worldwide to shield transactions via the Nym mixnet.” The module… Read More

February 28, 2023 @ 8:21 pm By Omar Faridi  |  

Digital identity is not the easiest concept to define, according to an update from Juniper Research. It overlaps with other, similar, areas.  The crossover with areas “such as security, privacy and data management can be significant, and in some cases, they are indistinct.” As noted… Read More