ShoCard
Curated by SignalPublic blockchain and cryptographic hash based digital identity verification and identity theft prevention
Overview
ShoCard is a digital identity card platform that consumers use through a mobile app, built on top of the public blockchain data layer. The app creates a cryptographic hash image of the individual’s ID document or any other personal file. A digital signature of the hash is then created and put on the blockchain for third parties to use for validation. The actual copy of the user's ID or personal file remains on the respective mobile device itself controlled by the user only. The ShoCard ID is created either through the App, or a company integrates ShoCard SDK into their existing apps. The platform leverages public-private key encryption and data hashing to securely store and exchange the identity data. Leverages the distributed trust system of the blockchain for a secure federated identity system and thus eliminates the need for a centralized trusted server. Selected as one of the finalists at the Global Open Innovation Contest 2017, SF organized by NTT Data.
Key facts
- Founded
- 2015
- Headquarters
- Palo Alto, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Fraud & Identity
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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