What You Need To Know About “KYC – Know Your Customer” Businesses interact with people daily. Products are sold, services are rendered, and monetary transactions take place. This happens faster in this digital world, and millions of dollars can be transacted within seconds, but not all transactions are legal. Not…
What are Decentralized Identifiers? As of now, emails and phone numbers remain the primary identifiers for internet users. These sets of identifiers are controlled by third parties, issued to users, and can be terminated based on the issuer’s discretion. Due to the possibility of these identifiers being revoked or having…
How FTX Crippled The Crypto Industry I’d like to begin this post with a simple fact: the crypto industry is imploding. Everywhere you look, crypto companies are insolvent, filing Chapter 11 or 13, or under government inspections. I’d like to reassure you that Identity.com is solvent. As you may…
What are Verifiable Credentials (VCs)? Most internet users presently have a singular relationship with each service they use or subscribe to on the internet, considering the modus operandi of the web 2.0 internet. Most websites presently operate on web 2.0 at the time of this writing. Many of these websites…
What is Identity in the Metaverse? The metaverse, as coined by Neal Stephenson in his dystopian cyberpunk book Snow Crash, describes a series of connected virtual reality worlds that represent the Internet, where users can interact, game, and experience things as they would in the real world. Before Snow Crash,…
The Year So Far This past year, while the crypto community has been rocked by scandals, hacks, and diminishing returns, Identity.com has been keeping its nose to the grindstone and BUIDLING. Our year has been productive and we have more to accomplish before the year ends. Let’s start with the…
Late last month, Identity.com became a member of the World Wide Web Consortium. Also known as the W3C, it is the standards body for the World Wide Web, and provides standards on everything from HTML to CSS and HTTP to XML. These open standards are what ensures that a single…