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…
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…
“In implementing biometric security based on facial recognition, Bitcoin IRA joins a growing trend in the cryptocurrency space, with players like the Paxful marketplace and the ZenGo cryptocurrency wallet also having recently embraced face-based authentication.” Bitcoin IRA, a platform designed specifically to allow individuals to buy and sell Bitcoin cryptocurrency through their Individual Retirement Account…
“…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…
“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…
The blockchain specialist tZERO has released the Android version of its tZERO Crypto App, a digital wallet that allows cryptocurrency investors to buy, sell, and store different assets on their mobile phone instead of an account on a third-party exchange platform. The iOS version of the app was released on June 27th. For the moment,…
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…
If there are any themes in this week’s top stories for Mobile ID World, at least one of them would have to be the fight against fraud. It’s a topic that permeates the discussion of one of the most popular recent interviews we’ve had in some time, with the Chief Technical Officer of a leading…
With Bitcoin, it can be difficult to know who’s on the other end of the transaction. Paxful is hoping to fix that problem through a new partnership with Jumio. The former is the world’s second largest peer-to-peer Bitcoin marketplace, and will be using Jumio’s identity verification services to raise the level of trust its users…
Tokenomica has announced that it will use Blockpass’s identity verification services to safeguard its Virtual Financial Asset (VFA) exchange and its token issuance platform. The Blockpass KYC Connect solution will make it easier for Tokenomica to onboard new customers for its crypto-exchange business. Based in Malta, Tokenomica is built on the Waves blockchain and curates…
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…
“It can also be programmed to unlock based on the correct sequence of fingerprint scans, essentially turning the digits of a user’s hand into the digits of a biometric PIN.” Ahead of this year’s Money20/20 Las Vegas event, newcomer ITBiometrics has been admitted into the event’s Startup Academy. The company offers a cryptocurrency wallet boasting…
“We are thrilled to continue to execute on our plan of indirect sales channels in specific, targeted markets and we feel that the potential in the Middle East and North Africa is outstanding given the current environment in cybersecurity and cryptocurrency security.” – Corby Marshall, CEO, Hilltop Cybersecurity Kelowna-based Hilltop Cybersecurity has established a reseller agreement with Twin-Soft for its…
Unikeys has officially announced its UKey cryptocurrency card. In form, it’s shaped like any other regular payment card. But it’s designed to host multiple popular cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, and Litecoin. What’s more, it features an embedded fingerprint sensor. Once a user’s fingerprint data has been registered and stored in the card’s Secure…
