6 Questions for Dawn Newton of Netki
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dawn Newton, co-founder and chief operating officer of Netki a remote digital identity verification technology provider intended to facilitate compliance with KYC/AML regulations.Dawn Newton is the chief operating officer and co-founder of Netki, the Know Your Customer and Anti-Money Laundering technology provider purpose-built for blockchain. Dawns work is driven by her desire to increase global....
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More capital injections continue to take place in the digital currency landscape as the blockchain name wallet and identity provider Netki has just raised US$3.5 million in a seed funding round. O’Reilly AlphaTech Ventures (OATV) led the investment round with the company showing optimism within the growth of Netki’s architecture. Crypto Investments Keep....
With most of the energy in bitcoin focused on infrastructure issues, creating a more user-friendly environment for new users arguably hasn't been top of mind. However, this isn't stopping startups from moving ahead on this objective. Toward this goal, digital identity startup Netki has announced it has raised $3.5m in a seed round led by O’Reilly AlphaTech Ventures (OATV). Joining the round was domain name provider, Donuts, Colle Capital, The Husseini Group, Digital Currency Group, Bitfinex, Plug and Play, Base Ventures and Tom Turney. In an interview, Netki CEO Justin Newton, explained....
One of the main issues that has slowed the adoption of Bitcoin as a currency and payment system has been the complexity of Bitcoin addresses. The blockchain lacks the human-friendly names normally found with websites and email addresses, which can make sending payments a rather cumbersome process. Netki wants to help people move away from confusing Bitcoin addresses, such as 15eA82FZLogpSb8nkQ5h5qaF3QNEwSeyCm, toward human-readable names such as kyletorpey.tip.me. Any bitcoin user would be able to send bitcoin to anyone else as easily as a Gmail user can send an email to someone using a....
Bitcoin company Netki proposed the use of readable names for online wallets instead of the randomly-generated string of text for addresses. For the company, one of the reasons why bitcoin adoption has been slow is the complexity of these identifiers which are not easy to remember. In shifting to more human-friendly names for online wallets, the bitcoin company hopes that transferring cryptocurrencies would be as seamless as sending email. Netki uses a combination of the blockchain from Namecoin and a secure DNS to store names and map it to the address. Bitcoin Company Naming Technology.....
With websites operating under the constant threat of attacks, users have long been accustomed to looking for a little green lock in web browsers, signaling an SSL certificate, to ensure that the site is secure. Today, SSL is used for transmitting sensitive information over the Internet, and it has long been a significant driver of e-commerce. Involved in this process are protocols including the Secure Sockets Layer (SSL) and Transport Layer Security (TLS), as well as certificate authorities (CAs), entities that issue digital certificates to organizations or individuals. Now, digital....