Trunomi announces its official partnership with Shyft, a comprehensive blockchain-based digital ID solution for Know Your Customer (KYC) and Anti Money Laundering (AML) compliance. Together, they plan to leverage Shyft’s blockchain technology with Trunomi’s expertise in consumer consent frameworks to implement an innovative e-ID (electronic ID) network, which will initially be launched in Bermuda and then expanded to a growing list of nation states and Fortune 500 companies who are signing up to join the network.
Self-sovereign identity application Blockpass and authentication service Myki 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. Designed with full data security in mind, Blockpass ensures KYC and AML compliance for regulated service providers while eliminating third-party data storage.