{"id":1084,"date":"2016-06-30T20:33:00","date_gmt":"2016-06-30T20:33:00","guid":{"rendered":"https:\/\/blog.holytransaction.com\/2016\/06\/ibm-blockchain-project-for-identity-verification.html"},"modified":"2022-12-27T00:08:54","modified_gmt":"2022-12-26T22:08:54","slug":"ibm-blockchain-project-for-identity-verification","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/06\/ibm-blockchain-project-for-identity-verification.html","title":{"rendered":"IBM blockchain project for identity verification"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><a style=\"margin-left: 1em; margin-right: 1em;\" href=\"https:\/\/2.bp.blogspot.com\/-Q5HIVk79CxU\/V3WBVZYJSZI\/AAAAAAAAAl0\/LMZ3PXkviHoye2b2bSny3EUMVXONf0CEACLcB\/s1600\/o.248883.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" title=\"ibmblockchain.jpeg\" src=\"https:\/\/2.bp.blogspot.com\/-Q5HIVk79CxU\/V3WBVZYJSZI\/AAAAAAAAAl0\/LMZ3PXkviHoye2b2bSny3EUMVXONf0CEACLcB\/s400\/o.248883.jpg\" alt=\"ibm blockchain\" width=\"400\" height=\"265\" border=\"0\" \/><\/a><\/div>\n<div style=\"text-align: justify;\">Today the tech-giant <b>IBM<\/b> revealed its latest <b>blockchain<\/b> project thanks to the <b>French bank Cr\u00e9dit Mutuel Ark\u00e9a<\/b>, an idea that aimed at creating a <a href=\"https:\/\/holytransaction.com\/blog\/2016\/06\/microsoft-to-launch-identity-platform.html\"><b>system for identity verification<\/b><\/a>.<\/div>\n<h3 style=\"text-align: justify;\">IBM Blockchain for identity confirmations<\/h3>\n<div style=\"text-align: justify;\">IBM explained that the concept exploit the <a href=\"https:\/\/holytransaction.com\/blog\/?s=hyperledger&amp;submit=Search\"><b>Hyperledger blockchain<\/b><\/a> to allow users to have a proof of their identity, one of the few projects with the blockchain used as a non-financial application.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><b>Fr\u00e9d\u00e9ric Laurent<\/b> of the <b>Cr\u00e9dit Mutuel COO<\/b> explained:<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><i>\u201cThis project offered a complete view of customers&#8217; documents across our distributed network and helped us to understand and master blockchain for other client uses.\u201d<\/i><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">This is not the first time we heard about blockchain projects conceived by the IBM. In fact, in April we wrote about <a href=\"https:\/\/holytransaction.com\/blog\/2016\/04\/artificial-intelligence-connected-to.html\"><b>Watson, an artificial intelligence connected to the blockchain and created by IBM itself.\u00a0<\/b><\/a><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">This device will be registered on the Bitcoin ledger and &#8211; thanks to smart contracts &#8211; it will create different kinds of access, allowing lots of functions and customization.<\/div>\n<h3 style=\"text-align: justify;\">Banks and blockchain applications<\/h3>\n<div style=\"text-align: justify;\">\u00a0The news come when the French bank decided to use the blockchain technology, after several other banks announced their own projects related to the distributed ledger.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">A few days ago we talked about the <a href=\"https:\/\/holytransaction.com\/blog\/2016\/06\/bnp-paribas-blockchain-banks-love.html\">BNP Paribas project to study the blockchain<\/a> as it aims at building new tools for data and money management.<\/div>\n<h3><b>Universal Wallet for Cryptocurrencie<\/b>s<\/h3>\n<div style=\"clear: both; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4022 alignright\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/06\/HTBannerOrange-6.png\" alt=\"\" width=\"300\" height=\"250\" \/><\/div>\n<p>The blockchain is the technology behind the cryptocurrency called bitcoin. To store your bitcoins you need a safe and easy-to-use wallet.<\/p>\n<p>Our innovative system allows you to store not only bitcoin but also several different kinds of digital currencies such as <a href=\"https:\/\/holytransaction.com\/blog\/2016\/05\/ethereum-micropayments-better-than.html\">Ethereum<\/a>, <a href=\"https:\/\/holytransaction.com\/page\/what-is-dogecoin\">Dogecoin<\/a>, <a href=\"https:\/\/holytransaction.com\/page\/what-is-litecoin\">Litecoin<\/a>, <a href=\"https:\/\/holytransaction.com\/page\/%D1%81reate-Blackcoin-wallet-online-register-free-best-exchange-multicurrency-Bitcoin\">Blackcoin<\/a> and more.<\/p>\n<p><b><a href=\"https:\/\/holytransaction.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">To open your wallet for free, and to read more about the HolyTransaction wallet, click here.<\/a><\/b><\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Today the tech-giant IBM revealed its latest blockchain project thanks to the French bank Cr\u00e9dit Mutuel Ark\u00e9a, an idea that aimed at creating a system for identity verification. IBM Blockchain for identity confirmations IBM explained that the concept exploit the Hyperledger blockchain to allow users to have a proof of their identity, one of the [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":4418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,101,102,186,294,340,342,677],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBM blockchain project for identity verification -<\/title>\n<meta name=\"description\" content=\"Learn about IBM&#039;s blockchain project for secure identity verification and its potential to improve efficiency\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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