Press releases

Press releases Jan 25, 2018

Yoti and LedgerState showcase how next generation blockchain technology can transform the way governments handle personal data

Yoti and LedgerState today showcased at the World Economic Forum how governments and other organisations can capitalise on evolutions in blockchain technology to store personal data of their citizens and customers. Yoti, the digital identity platform, lets people create verified digital identities through their free smartphone app. The app uses facial recognition technology and a security team to match facial biometrics to approved photo IDs. These digital identities can then be written to a private ledger using an evolution of blockchain technology called Hashgraph. Hashgraph uses an asynchronous process, meaning it is not reliant on the proof of work