The days of data privacy as an afterthought are well behind us, but the motivation to monetize consumer data remains strong. The downside is, many companies are stockpiling information without much regard to basic security features; the upside is, a reliable framework can save the day.
Transactions in IP and finance often require an excessive amount of verified personal information. But what if there was a way to provide verified proof by revealing only the specific amount of information necessary to approve the transaction?
Let’s face it, regulatory compliance is like the broccoli on a five-year-old’s dinner plate (that glaring thing you hate, but you’re forced to swallow).
Conversations around the use of personal data occupy a lot of mindshare these days. As data usage increases, so does the risk of privacy breaches, fines and possible impact to reputation.