Japan’s 3 largest banks to partner on blockchain-powered digital identity

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The post Japan’s 3 largest banks to partner on blockchain-powered digital identity appeared first on CoinGeek.

The solution will be underpinned by distributed ledger technology, enhancing security and giving users full ownership of their data.

Last year, My Number experienced widespread glitches, during which thousands received strangers’ identity documents.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaChinaJapan

Topics: Fukuoka Financial Group Shizuoka Bank Business MUFG Bank Mizuho Bank Digital identity Sumitomo Mitsui Banking Corporation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 03:00:14 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21398053

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