Experts are discussing the importance of customer-centricity, privacy and security. These concerns align with SelfKey's visions for a better, safer decentralized future.
National Australia Bank (NAB) recently discussed creating a digital identity ecosystem with experts from government, industry, and academia. Customer-centricity, privacy, and security emerged as important concerns.
This aligns with SelfKey's vision for personal data safety, including Zero-Knowledge (ZK) filters and AI-powered proof of individuality.
NAB's approach aims to prioritize privacy and security, potentially reducing the risks of identity fraud and data theft, a goal that SelfKey shares in its decentralized solutions. This could mark an important step toward a digital society that puts individual security and privacy first.
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Featured article:
👑 SelfKey ENS: Adoption of Self-Sovereignty on Blockchain
The concept behind ENS was to provide individuals and small businesses with the ability to own and control their own online domains, thereby enhancing their visibility. SelfKey, with a focus on self-sovereign identity, intends to create subdomains that offer the same advantages as ENS but potentially at a lower cost to ensure accessibility to everyone.
Read more → about SelfKey’s ENS subdomains, as well as the advantages they may bring.
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In today's digital age, protecting our online privacy has become vital. While minimizing the exposure of personal data is essential, completely hiding ourselves is not the answer. SelfKey aims to develop a decentralized approach that may allow individuals to express their unique identities while safeguarding their private information.
Crypto News
📰 Ex-CEO gets prison sentence for bad data security
A cybercriminal has targeted a psychotherapy center in Finland, accessing and allegedly exposing confidential session data, including unique identification details such as national ID numbers, without restraint. The data was reportedly unprotected by more than a default password, allowing the cybercriminal to blackmail the clinic and its patients.
Ville Tapio, the ex-CEO of the clinic, was also convicted of criminal charges after failing to ensure adequate cybersecurity and failing to report data breaches that occurred prior to the blackmail attempt.
Quote of the week
"Fall down seven times, stand up eight." - Japanese proverb
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