Authentication solutions provider Veratad Technologies has partnered with UK-based Blockchain-ID Ltd to jointly develop BlockchainIDme, an authentication tool on the Algorand blockchain. In the current blockchain field, most users use their electronic wallets (including custodial and non-custodial) to store their digital asset data. Due to the continuous emergence of network attacks, security issues and control over data are particularly important. Through the partnership, users with their e-wallets for smart contract transactions can use BlockchainIDme tokens and encryption keys to confirm the owner’s identity, whether for centralized exchanges such as Binance,…
Veratad Technologies Pairs with Blockchain-ID Ltd to Developing Authentication Tool on Algorand
