May 28, 2018
Self-sovereign identity application Blockpass and authentication service Myki have recently announced a major partnership consolidating the power of identity sovereignty and cloudless password security. The partnership implies that users will now have the capacity to safely manage their own identity verification documentation, while being sure that their own information is encoded and secure.
Blockpass is a user-centric, self-sovereign identity application for regulated industries. Designed with full data security in mind, Blockpass ensures KYC and AML compliance for regulated service providers while eliminating third-party data storage. Blockpass has been developed as a step towards the Internet of Everything, and future releases of the application will include integrations of KYD and KYO protocols.
Myki is a decentralized Password Manager and Authenticator that allows users to securely manage and store Passwords, Credit Cards, Notes, Government IDs, 2fa Tokens and Private Keys offline on their smartphone. The platform does not use any form of cloud storage, and users are in control of their data. Sensitive data is replicated in a p2p manner across users’ devices.
Blockpass Integrates Myki Password Security for its Identity Verification App
Speaking about this new partnership, Antoine Jebara, Co-founder and CEO of Myki expressed, “We are partnering up with Blockpass who are working on a groundbreaking sovereign blockchain identity protocol. By integrating the Myki authentication within the Blockpass protocol, users can now be completely certain that their identity documentation and details are secure within their mobile phone. Myki’s two factor authentication means that the data is virtually unhackable, protecting users from fraud and unlawful criminal activity.”
“We are delighted to add the highly regarded Myki as a backup to Blockpass,” added Hans Lombardo, CMO of Blockpass. “The addition of the cloudless password manager will enable our users to securely store their passwords and seamlessly access their Blockpass identity apps on their phones.”
The goal of Blockpass IDN (http://www.blockpass.org/) is global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. As this identity system supports verification of humans (KYC), objects (KYO) and connected devices (KYD), it will enable the development of new applications that rely on a trusted connection between human, corporate, and device identities. Registered in Hong Kong, Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things. Blockpass IDN licenses its technology from the non-profit Blockpass Foundation, registered in the Isle of Man.
Infinity Blockchain Labs (IBL) is a visionary R&D company engaged in intermediary and RegTech services employing blockchain technology. We focus on forming alliances with established businesses and regulatory institutions across various industries, as well as providing collaborative incubation for early stage blockchain projects.
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