Authentication Protocol BitID Lets Users 'Connect with Bitcoin'
Instead of selecting 'Connect with Twitter' when you log into your favorite website, you might one day log in by choosing 'Connect with Bitcoin' instead. BitID is a decentralized authentication protocol that leverages bitcoin wallets as a form of identification and QR codes for service or platform access points. It enables users to access an online account by verifying themselves with their wallet address and uses a mobile device as the private key authenticator. The protocol was developed by Eric Larchevêque, one of the co-founders of La Maison du Bitcoin, a bitcoin community centre....
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Happy Mother's Day, and welcome to another Bitcoin News in Review (formerly known as CCN Week in Review)! This week on CCN, we learned about BitID's secure Bitcoin authentication protocol, that the FEC unanimously voted to allow bitcoin donations to PACs, that the bitcoin transaction volume has dropped, and more. Check out this week's top stories on this Bitcoin News in Review. BitID's Secure Bitcoin Authentication Protocol. Tired of seeing these buttons everywhere? You've probably seen those “Sign In with Facebook” buttons everywhere, right? While they’re convenient, many users don’t like....
You just need to scan a QR code if you want to login with Bitcoin through BitID. When people say that currency is only the first app of Bitcoin, this is the kind of stuff they're talking about. Most Internet users are now used to the idea of logging into other websites with their Google, Facebook, or Twitter accounts, but BitID is a new application that would allow anyone to easily login to any website in a somewhat anonymous manner. Those of you who are creeped out by the idea of attaching other websites to your Facebook account can now rejoice because you will soon be able to login to....
A new protocol called “BitID” promises to streamline identity verification for online services while protecting privacy – with tokens on the Bitcoin blockchain. Replacing User-Unfriendly ID Systems. BitID is now concluding a successful testing period, and should be ready for other services to use in the near future. Although credit cards and e-commerce....
Two-factor authentication is an industry standard pushed widely by the Bitcoin community over the past few years. Most users are pressured to secure their funds and accounts to the maximum degree as it's their money and their responsibility. Hyprkey is stepping up the industry standard with their biometric tokens based on three-factor authentication. At only the size of a nicotine patch, the HYPR-3 sticker reportedly secures and authorizes everything with a fingerprint. In a recent press release, CEO of Hypr Corp George Avetisov laid out a vision for the future of the extra level in....
The Openname protocol was built by Onename and allows users to create an identity, verify it, and use it across the internet. The service acts like a digital passport and allows people to easily send Bitcoin to users of Openname. Onename has announced super decentralization of the Onename protocol by giving up their monopoly on users. Users of the protocol will be able to select a provider for authentication purposes, thus making the authentication process decentralized. Onename has also raised $1.5 million in funding. Also read: The Upcoming Decentralization Singularity. In addition to....