Jumio Partnering With Bitcoin Companies To Form Identity Security Network
Andreessen Horowitz-backed Jumio, an identity verification company, has announced a partnership with eight leading bitcoin companies in order to form an identity security network. Dubbed the Bitcoin Identity Security Open Network (BISON), the system works by allowing partners to collect and verify a customer's identity during a transaction using any connected device. Customers simply need to hold up their government-issued I. D. or Passport in front of their camera, and Jumio's Netverify validated the I. D., extracting the user's information and auto-populating it into the appropriate....
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Swedish bitcoin services company Safello today announced a partnership with Jumio to integrated the company's Netverify system into their e and speed up the new customer verification process for European customers. We first heard about Jumio in late March, when the Andreessen Horowitz-backed company announced the Bitcoin Identity Security Open Network (BISON) - and also a partnership with a number of bitcoin companies to form an identity security network. Instead of going through the trouble of scanning one's government-issued ID, Jumio's system allows the user to hold it in front of their....
Credentials management company Jumio Inc. announced it has formed a network of bitcoin exchanges, wallets and ATM providers worldwide to smooth ID verification procedures and open easy transactions to a greater range of connected devices. Its new Bitcoin Identity Security Open Network (BISON) includes BitAccess ATMs, SnapSwap, CoinMkt, Digital Currency Exchange of Texas, CoinRnr, Hashop.io, NoveltyLab and Bitnet Technologies as initial members. Using Jumio's 'Netverify' technology, users in the BISON ecosystem can simply hold their ID in front of a camera on any connected device to get....
Sweden-based bitcoin exchange Safello has announced a new partnership with payments validation and ID verification service provider Jumio in an effort to simplify its customer onboarding process. Launched in March, Jumio's Bitcoin Identity Security Open Network (BISON) provides consumers the ability to verify their identity by holding an ID in front of a camera or connected device. Data can then be extracted in real-time and used to quickly populate necessary enrollment forms. Frank Schuil, CEO and co-founder of Safello, explained that the partnership will allow the exchange to better....
Jumio's Marc Barach talks about why Jumio is bullish on Bitcoin. He believes the crypto currency needs a killer-app or service before it can truly soar. Last weekend was an important weekend for Bitcoin. Bitcoin 2014 was held in Dutch capital Amsterdam. For three days, the Passenger Terminal Amsterdam became the place-to-be for everyone who loves Bitcoin. We saw many keynote speakers and panels discuss the future of cryptocurrencies. Among all the ideas and hopes for the future, there were also people who came to show what they mean for Bitcoin right now. They are the ones who are helping....
If you are someone who takes privacy and anonymity seriously, then the probability of you being familiar with VPN (Virtual Private Network), TOR and other widely used proxy tools to mask ones identity and location. VPN is one of the widely used service provided by number of companies across the world. These VPN services help internet users circumvent internet censorship and access blocked content in different geographies. VPN is also being increasingly used as a way to hide one's identity as companies offering VPN services claims they offer anonymity and privacy. Bitcoin is known for....