Block-chain technology is a peer-to-peer distribution of information that cannot be reversed. All “blocks” of information include a comprehensive and accurate record of all transactions that cannot be identified and securely changed with a password. Blockchain is used to create a platform that protects your identity from theft.
It also enables you to develop encrypted digital IDs that enable individuals to replace multiple user names and passwords, and provides comprehensive security features that can save customers and organizations resources and time.
It is difficult to steal such an identity from an individual. This solves the identity theft problem that often occurs with traditional identity management systems. The practice of using an authorized block chain may also provide a distributed registration method. An individual may obtain an identity that does not rely on a centralized authority and therefore cannot be controlled or intervened by a third party without the consent of the individual.
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Companies Profiled in this Report includes,
Amazon.com, Civic Technologies, IBM, ShoCard, SecureKey Technologies
Blockchain technology can be applied to identity applications in areas such as birth certificates, e-residents, digital IDs, passports, marriage certificates, identification cards and online account login. Generating identities in a block chain gives individuals better control over their personal information and who they access.
Blockchain identity management market growth constructed on application
The study further presents the details on financial attributes such as pricing structures, shares and profit margins. Top level companies profiled in this report includes IBM Corporation, Civic Technologies, KYC-Chain Bitfury and others. The competitive landscape of the Blockchain Identity Management market has been provided by analyzing different successful and startups industries. The economic aspects of the businesses have been presented by using facts and figures.
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The study objectives of this report are:
To analyze global Blockchain Identity Management status, future forecast, growth opportunity, key market and key players.
To present the Blockchain Identity Management development in United States, Europe and China.
To strategically profile the key players and systematically analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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