Deloitte plans to move away from the “typical inefficient” and repetitive processes of verification as it integrates a Polkadot parachain to issue reusable digital credentials.
The integration is intended to enhance the efficiency of the typical procedures that create “extra work in the process.”
“Credentials are digitally signed by Deloitte. Deloitte can revoke credentials using blockchain technology if conditions of the customer have changed after the credential was issued.”Ingo Rübe, founder of KILT Protocol said that the streamlined identity solutions built on KILT allows customers to use verifiable digital credentials across multiple services, whilst maintaining control “over when and where to share personal information.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Polkadot's KILT Identity Blockchain Integrates With DeloitteOne of the world's biggest accounting firms is integrating into the Polkadot ecosystem.
Read more »
Polkadot (DOT) Sets Sights on Key Resistant Level, Here's Likely TriggerPolkadot price slips, but recent Deloitte and Kilt partnership boosting sentiment
Read more »
Exploring San Diego: Things to do May 4 - May 7Celebrate Cinco de Mayo, stroll through Hillcrest, or explore a new neighborhood. Whatever you choose to do, there's always something to do in America's Finest City.
Read more »
Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles – Blockchain Bitcoin NewsCryptoys has announced the launch of Star Wars collectible digital toys featuring iconic characters from the film series. StarWars NFTs
Read more »
Carrie Fisher receives posthumous Hollywood Walk of Fame star on May the FourthCarrie Fisher received a star on the Hollywood Walk of Fame, a May the Fourth tribute to one of the 'Star Wars' franchise's most beloved figures.
Read more »