Ecoin Builts The World’s First Blockchain-based Digital Identity Platform
Ecoin, the ‘Crypto for Everyone’ coin, is on a roll with a series of new and exciting updates coming out this September. A Draper University-backed project, Ecoin pursues a mission to enable mass adoption of cryptocurrency by attracting billions of users into the space. To push this goal, it has built the world’s first AI-driven Fraud detection system, in other words, a blockchain-based digital identity platform, that will result in easier crypto-onboarding and eliminate fraud risks. Along with this, it has also innovated and turned to alternative mining methods, such as Social Media....
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The $2 million funding that Cambridge Blockchain LLC closed from leading technology investors Partech Ventures and Digital Currency Group is a validation of its position in the blockchain-based digital identity space particularly in a promising market like Europe, according to its CEO Matthew Commons. Not just cash. Stating in an email to CoinTelegraph on the fund which will be used to accelerate deployments of his company’s digital identity enterprise software for financial institutions, Matthew Commons says: “The importance of the fundraising goes well beyond simply "getting cash in....