In a week marked by the conspicuous absence of one of the mobile industry’s biggest events – Mobile World Congress Barcelona, which was cancelled due to concerns about the spread of coronavirus – mobile tech news nevertheless marched on, with a variety of topics making their way into Mobile ID World’s top stories roundup. One…
The Sovrin Foundation is moving towards its own cryptocurrency with the introduction of a new Sovrin Token for its open source Sovrin Network. For the moment, the Sovrin Token is still in the public testing phase, and is available to interested parties through Sovrin’s self-serve testing portal on the BuilderNet and StagingNet Sovrin Networks. In…
The digital asset platform Bitcoin IRA has officially processed more than $400 million in cryptocurrency transactions. The platform is specifically designed for people hoping to use cryptocurrencies to fund their retirement, allowing them to buy and sell Bitcoins, gold, and other assets through an IRA or a 401(k). The news comes just over a year…
ZenGo has updated its cryptocurrency app to offer support for Ethereum’s ERC-20 tokens and other stablecoin currencies. Stablecoins are cryptocurrencies that have been tethered to a local currency, a precious metal, or some other commodity, which makes them less susceptible to the large price fluctuations that have been associated with other digital assets. According to…
Having been live in the App Store for only a few weeks, ZenGo has updated its eponymous cryptocurrency app. Most of the enhancements concern the app’s redesigned user interface, with ZenGo calling it “the most handsome wallet you’ve ever seen” in its announcement. There’s a new “quick action” menu, and account balances can be upgraded…
Apple recently revealed that it is paying close attention to the growing cryptocurrency trend, though it’s not yet clear what role the company would like to play in the evolving market. “We’re watching cryptocurrency,” Apple Pay VP Jennifer Bailey told CNN during a private event. “We think it has interesting long-term potential.” “This would be…
“…ZenGo’s support for the Libra testnet paves the way for the integration of real funds once Libra goes live.” ZenGo has become the first consumer cryptocurrency wallet to support Libra, Facebook’s new offering in the growing digital currency market. To be clear, Libra hasn’t yet officially launched; what Facebook has made available at present is…
Onfido is teaming up with Civic to provide secure customer onboarding for the latter’s upcoming cryptocurrency wallet. The blockchain-based Civic Wallet will allow users to store and trade cryptocurrencies without sharing any superfluous personal information, providing account access through a private key that will be stored on the user’s mobile device. Onfido will make it…
Looking back on this week’s most popular articles on Mobile ID World, it’s clear that money was the big theme. Breaking that broad theme down further, a major topic was digital wallets. Mezu and Mastercard announced a new digital debit card for mobile payments, and a cryptocurrency wallet revealed some hard evidence of the security…
“The lion’s share of credit for this achievement goes to FaceTec, which provided the ZoOm authentication software used by ZenGo.” Toward the end of June, cryptocurrency wallet provider ZenGo challenged its users — and any other interested hackers, really — to try to break into its wallet, offering a reward of one Bitcoin. And with…
Fit Pay is utilizing the CPI Card Group’s Adaptives contactless payment technology in its Flip payment device. The Flip operates much like any other NFC device, but is noteworthy because it allows owners make retail purchases with Bitcoin and other cryptocurrencies once those currencies have been converted to US dollars and loaded onto the device.…
The non-profit IOTA Foundation has released a new cryptocurrency wallet to facilitate the seamless storage and exchange of IOTA tokens. Dubbed the Trinity Wallet, the open-source platform offers customizable user features and is already compatible with most major operating systems, including Windows, Mac, Linux, iOS, and Android. The design itself was put together with input…
Unikeys is now accepting pre-sales for its physical cryptocurrency wallet. Dubbed the UKey, the biometric card allows shoppers to pay for goods and services using cryptocurrencies just as they would with an ordinary debit or credit card, with a built-in fingerprint sensor to authenticate transactions. The card itself is being manufactured through a partnership…
LiteLink is launching a new digital wallet designed for customers without a bank account. Developed by the LiteLink subsidiary uBUCK Technologies, the new payment app is called uBUCK Pay and is scheduled to begin its closed beta in June 2019. uBUCK Pay is built on the Waves blockchain, and has a few features that are…
IDEX is dispelling some misconceptions about cryptocurrencies after doing the same for biometric payment cards and financial inclusion. In the first entry of the company’s latest blog series, IDEX Senior Vice President David Orme argues that biometric authentication is the next logical step for cryptocurrency expansion. According to Orme, biometric technology solves one of…
“Thanks to the partnership, BitPay will now process Bitcoin payments made to Onfido, while Onfido’s selfie-based authentication technology will be leveraged by BitPay for Know Your Customer purposes.” Having helped to bring so many into the cryptocurrency market, Onfido can now accept payments in Bitcoin, thanks to a new partnership. The company has teamed up…
“Shaped like a standard credit card, the new ‘wallet’ will feature an integrated fingerprint reader provided by Fingerprints for user authentication.” A forthcoming cryptocurrency wallet will feature biometric security care of Fingerprints (FPC). The solution is being developed by Danish smart card specialist CardLab, in collaboration with Spatium, a firm that has previously developed a…
“In order to streamline the customer onboarding process, the company will leverage Onfido’s remote authentication technology, which uses facial recognition and document reading to match an end user’s selfie image to the official identity documents they present.” Onfido‘s biometric and document reading technology has once again been embraced by a cryptocurrency specialist for customer onboarding.…
“As a cryptocurrency user, I know that account security is paramount.”- El Asmar, CEO, Gigzi IriTech has teamed up with a cryptocurrency platform to develop a new iris-based security solution for its end users. Based in London, Gigzi is developing a blockchain-based cryptocurrency called Gigzi Black. It also offers digital currencies called Gigzi Metal that…
