The latest application of blockchain identity authentication: ID Chain

March 14-15, 2018, "2018 TokenSky Blockchain Conference and TOKEN Product Equipment Exhibition" was held in Seoul, South Korea, the world's top blockchain experts and scholars, upstream and downstream enterprises, investment institutions, technology geeks, media and TOKEN Fans gathered to discuss blockchain technology innovation and Token industry transformation. Rita Chao, co-founder of ID Chain, the world's leading de-blocking chain identity application platform, was invited to attend the conference and give a keynote speech.

ID Chain is a leading blockchain identity application (DID, Decentralized ID) with the goal of maximizing the technology of blockchain technology, distributed bookkeeping technology, enabling identity authentication and user data to bypass traditional central data. The shortcoming of storage makes the ID data avoid tampering and attack, improve the efficiency of ID usage, and thus reduce the cost.

The unique advantages of ID Chain are:

(1) Massive user data is used as the basis for ID verification and data transactions.

(2) Inheriting Hong Kong's financial industry experience and technology.

(3) Enterprises and governments that are closely connected to the Asian market.

Founding teams from MIT, Stanford, UCLA, Intel, Qualcomm, etc., have many years of experience in the blockchain, artificial intelligence, big data and chips. The core team is also very international. The foundation is based in Singapore and its members are from the United States, China, Taiwan, Hong Kong and the Philippines.

ID Chain co-founder Rita Chao said: "DID based on blockchain technology has multiple advantages compared to today's centralized identity authentication system, including: distributed data collection, storage, sharing; openness and efficiency; effective Prevent tampering and hacking; have the best price/performance ratio for both data contributors and users. At present, giants such as Microsoft are conducting RID research and development, and many startups are emerging. DID is undoubtedly the most important killer of blockchain technology. One of the applications can be expected to have great commercial value in the future."

ID Chain also shared the 2018 strategic layout at the conference. In the second quarter of 2018, the team plans to complete the development of digital identity authentication prototype products based on blockchain technology, and publishes APP to build and test the internal network environment of business users. In the community, it is established in Korea, Japan, the United States, Europe and other places. Community and partners; in the third quarter, we will conduct internal testing of key users and pilot regional digital identity certification, and the community will continue to develop. “We believe that DID applications will change the world. Early applications will focus on the financial sector, and then in the IOT Human Machine Certification and Machine to Machine, and will also establish identity data in some developing and underdeveloped countries that have not yet established ID systems worldwide. The system will bring hundreds of billions of dollars in business opportunities in the next five years," Rita Chao said.

2018 TokenSky Blockchain Conference Introduction:

The 2018TokenSky Blockchain Conference will be held at the Hilton Seoul, Korea on March 14-15. It will be the most professional TOKEN economy and blockchain industry conference to date, inviting top economists, professors and financiers from all over the world. Legal experts, investors, various funds, geeks, industry leaders, code farmers, miners, upstream and downstream companies in the blockchain industry, exchanges, service providers, media, and TOKEN enthusiasts will gather in Seoul to discuss blockchain The problems facing the world.