Nasdaq Article about digital ID and VALID: Finding Ways to Protect Your Online ID Through Blockchain Innovation
https://www.nasdaq.com/article/finding-ways-to-protect-your-online-id-through-blockchain-innovation-cm932475
Identity fraud affects millions of Americans every year.
NBC News reports that, according to an analysis run by ID Analytics of 290 million social security numbers, the odds that someone else has used your social security number is one in seven.
As financial transactions move online, the need for comprehensive online security is greater than ever [...]
VALID is one such company that is creating a self-sovereign digital identity solution giving people complete ownership and control over their personal data, combining it with a secure and transparent marketplace to match identity owners with data consumers. This will allow identity owners to handle all personal information, stored in a wallet on the blockchain, and it may, one day, replace other forms of identity verification.
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