Swiss city plans to verify IDs using Blockchain

Authorities of Zug will launch a new ethereum-based identity service
09 July 2017   2594
Ethereum

Open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

The capital of the Swiss Crypto valley and the canton of the same name Zug is preparing to introduce a new service for the verification of citizens' identification data, which will be based on the Ethereum block system. This is written by CoinDesk.

The project will be launched in September 2017 and will include a special mobile application that binds a person's identity through the uPort platform to a specific crypto address.

The solution was developed by ConsenSys in partnership with the local startup ti&m and the University of Economics of Lucerne. Registration and verification of local residents will be carried out by local authorities.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

In the statement of Zug, the project was developed because previous efforts of ID solution development using centralized funds were very complicated and even obsolete nowadays.

We want to create complete digital identification, kind of digital passport for any cases. And we don't want this passport was centralized, we want it to use blockchain technology. 
 

Dolfi Müller
Major of Zug

City authorities also plan to hold an advisory next spring vote using electronic bulletins. 

Binance Android App to Support CC Payments

Additionally, crypto-fiat exchange Binance Singapore was launched
25 April 2019   83

Binance has updated the application for the Android OS. Now users can buy cryptocurrency using their credit cards.

In particular, the feature of buying Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with your credit card is now available.

At the same time, the launch of the Binance Singapore crypto-fiat exchange took place. So far, only one trading pair is available to users of the site - BTC / SGD, but later in the listing other coins may appear.

Singapore users need not only to create an account, but also to link it to an account in the local Xfers payment service, which provides cryptowallet approved by local regulators.

It is noteworthy that earlier Xfers was a partner of Coinbase, when the latter launched its services in Singapore, but relations between the companies were terminated.