As we prognosticated before (“On the Coming Crackdown on Cryptocurrencies without Identity”), there is a growing number of countries tightening their Know-Your-Customer regulations: China requires identity verification with National IDs for all blockchain users France will impose mandatory KYC for…
Recently, two countries have started to introduce new national biometric identity cards: Morocco: the new “Carte Nationale d’Identité Electronique” (Identité Numerique) replaces the previous one, now with biometric photographs and NFC.Mexico: the Chamber of Deputies has approved a new “Cédula…
Now that our technology introduces the new capability of global airdrops (i.e., massive sending of crypto-currency/tokens to anyone in the world, this new feature not being available in other blockchains), some of you have already been asking for their practical…
Since the announcement of our Testnet, a number of countries have announced that they are or will issue new identity documents that could be used on our blockchain: National Identity Cards: Belgium, Croatia, Cyprus, France, Malta, Norway and Romania. Even…
Our mobile apps for Android and iOS have been updated with a new functionality that matches your digital photograph contained within your National Identity Card or Electronic Passport with a photograph taken with your smartphone: to prevent privacy issues, your…
The Financial Action Task Force (FATF) has published a 12-month review of the revised FATF standards on Virtual Assets and Virtual Asset Service Providers. Noteworthy statements from this review are as follows: 35 out of 54 reporting jurisdictions advised that…
Network effects are paramount in cryptocurrencies and blockchains, just like in telephone and social networks: the higher the number of users, the more valuable the networks are. Blockchain networks follow Metcalfe’s law and their variants (Reed, Sarnoff, Beckstrom, Odlyzko, Gompertz,…
On March 3, the World Health Organization (WHO) advised the use of contactless technology for payments instead of cash as paper money could be spreading the COVID-19 virus: people should wash their hands after handling cash because COVID-19 could be…
The Financial Action Task Force (FATF) held its FATF Week and Plenary on 19-21 February, officially adopting a new Guidance on Digital ID. One of the common misconceptions in the interpretation of the new FATF Rule 16 (i.e., the Crypto…
In June 2019, Apple announced at their Developers Conference that iOS 13 would support NFC Tag Reading for ePassports and contactless identity cards: in practice, this feature is only available for iPhone 7 or up, using iOS 13.1 or up.…