Business Daily Media

Men's Weekly

.

Blockpass Integrates Myki Password Security for its Identity Verification App

  • Written by ACN Newswire
Blockpass Integrates Myki Password Security for its Identity Verification App
HONG KONG, May 7, 2018 - (ACN Newswire) - Self-sovereign identity application Blockpass and authentication service Myki today announced a major partnership combining the power of identity sovereignty and cloudless password security. The partnership means that users will now be able to securely manage their own identity verification documentation, while being confident that their personal data is encrypted 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 allows users to securely 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. The user is in control of his data.

Of the partnership, Myki Co-Founder and CEO Antoine Jebara said, "We are partnering with Blockpass who are working on an groundbreaking sovereign blockchain identity protocol. By integrating 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."

About Blockpass IDNThe goal of Blockpass IDN (http://www.blockpass.org[1]) is global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a 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 is also developing a Blockchain Identity Lab with Edinburgh Napier University.

For comments or inquiries: [email protected][2]

About Myki, Inc. Myki (http://myki.co[3]) is committed to building products that are a key addition to peoples' lives and to empower users with the tools to seamlessly safeguard their digital workspace. Myki's mission is help people regain control of their digital identity. One way in which Myki does that is through a unique cloud-less architecture; by storing sensitive data away from the cloud and away from prying eyes, potential hacks and data breaches. Myki is privacy first, and is designed to maximize end-user privacy. Myki is a decentralized solution to the universal password problem.

For comments or inquiries: [email protected][4]

Topic: Business TieupSectors: Cards/Payments, Security/Biometrics, FinTech/Chains[5][6][7] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ http://www.blockpass.org (www.blockpass.org)
  2. ^ [email protected] (www.acnnewswire.com)
  3. ^ http://myki.co (myki.co)
  4. ^ [email protected] (www.acnnewswire.com)
  5. ^ Cards/Payments (www.acnnewswire.com)
  6. ^ Security/Biometrics (www.acnnewswire.com)
  7. ^ FinTech/Chains (www.acnnewswire.com)

Read more http://www.acnnewswire.com/press-release/english/43243/

Brisbane’s brightest recognised: Daniel Mikus and James Rolph win Specialist Services Award at the 2025 Brisbane Young Entrepreneur Awards - again

Young Brisbane entrepreneurs Daniel Mikus and James Rolph, cofounders of MR Group, have been officially crowned winners of the Specialist Services...

Members greenlight merger of Regional Australia Bank and Summerland Bank

Regional Australia Bank and Summerland Bank will proceed with a merger after members approved the move at their Annual General Meetings this week...

DesignStreet marks 27 years with a bold rebrand

In a fast-moving industry defined by continuous disruption, one independent creative agency is proving that longevity and innovation can go hand i...

Deputy partners with SuperAPI to streamline employee onboarding and help get shift-based industries ready for PayDay Super

Deputy, the global people platform for shift-based work, has announced a new partnership with SuperAPI, marking a major enhancement to its HR pro...

KuCoin invests in Australian sponsorships of the ACC, plus a major campaign with golf icon Adam Scott

KuCoin, a leading global crypto platform built on trust, announced the appointment of James Pinch as the Australian Managing Director, the establish...

Australian companies pitching to the world’s wealthiest investors

#CapTech 2025 to bring world investors to Australia’s doorstep  One of Australia’s leading business and capital events is bringing together inves...