Companies Explore Bitcoin Technology For Travel Authentication
The way this would work is by generating a Single Travel Token containing all of their travel documentation. Scanned documents and sealed with a public and private key, similar to how Bitcoin addresses are protected. Companies are looking at various ways to implement Bitcoin technology these days, and managing traveler identification is one of the potential opportunities. ShoCard and SITA are exploring what Bitcoin technology is capable of in this regard. Bitcoin Technology For Identification Purposes. ShoCard has been working on merging the Bitcoin blockchain with storing identities in a....
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The Australian-based online travel service Webjet provides customers with airline tickets, car rentals, and insurance packages. Recently the company announced a partnership with Microsoft that aims to provide a blockchain solution to improve the travel industry. Webjet & Microsoft Build Blockchain Proof-of-Concept. The travel company Webjet revealed....
In a time where password technology is so easy to breach, the world is ready for a new technology to take over. In response to the vulnerability that passwords hold, some companies have started implementing two-factor authentication. LaunchKey, on the other hand, looks to get rid of password technology altogether and take the world into multi-factor authentication. On top of that, they just raised $3 million in funding thanks to Metamorphic Ventures and Pantera Capital. According to LaunchKey, the funding will push them to expand their team and bring LaunchKey to market in the next year.....
Fintech has already made its mark in banking, insurance and several other sectors. Now the time has come for Financial technology to spur new approaches especially in the Business to Business (b2b) segment. Travel agencies can use Fintech to streamline their systems and build more efficiencies. Travel Business can boom with Fintech. Technology has already changed how we travel around the world. Gone are the days of paper tickets and in most cases boarding passes. Online booking portals have already made it possible for travellers to comparison shop from the comfort of their own homes.....
Bitcoin wallets are already known to be very secure, as most feature a multisig verification and provide both public and private keys for users. However, recent hacking incidents and online theft could lead some companies to consider biometric authentication. Just recently, HYPR Corp. announced the availability of its biometric authentication SDK which could be used for third-party integration. This means that bitcoin wallets could be able to add yet another layer of security to their services. Bitcoin Wallets Authentication. The HYPR SDK enables enterprises to seamlessly implement....
ChangeTip today announced it was integrating Two-factor-authentication on their platform. With the integrating of a 2FA option, the company expects to offer enhanced security to the customers' accounts. ChangeTip knows the importance of security is. So today, we are releasing Two-Factor Authentication to our users. ChangeTip's mission is to enable a truly global economy by reducing economic disparity through the efficient and open transfer of value to and from each other. Together, as a strong and robust community, the company embraces Bitcoin and shows that micropayments are a great use....