IBM and SecureKey Technologies to deliver blockchain-based network for Canadian consumers

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IBM and SecureKey Technologies, an identity and authentication provider company, announced on Monday that they are joining forces to “enable a new digital identity and attribute sharing network” based on IBM Blockchain.

“The network will be designed to make it easier for consumers to verify they are who they say they are, in a privacy-enhanced, security-rich and efficient way,” Toronto-headquartered SecureKey said in a press release. “When launched later this year, consumers can use the network to instantly verify their identity for services such as new bank accounts, driver’s licenses or utilities.”

Read more at Canadian Underwriter

This article is summarized by Canadian Fraud News Inc.