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LuxTrust and Cambridge Blockchain announce beta for privacy identity platform

source-logo  cryptoninjas.net 16 July 2019 20:50, UTC

LuxTrust, a digital trust services provider in Luxembourg, and Cambridge Blockchain, a leader in digital identity enterprise software, today announced the private beta-testing phase for privacy-protecting European identity platform IDKEEP.

Designed to resolve identity and personal-data related challenges faced by many digital service providers — such as banks and financial services, insurance, and healthcare, among others—IDKEEP is a huge step forward towards data ownership and control.

The platform provides end-users with full control over personal data and over-sharing such data with services online, helping digital organizations to effectively manage consent as per GDPR rules and effectively manage validated users’ data, enabling trusted transactions online. In addition, IDKEEP opens a marketplace for data validators who can leverage the network effect of a large customer base, realizing efficiencies and re-use of expensive data validation processes.

IDKEEP was developed by LuxTrust in Luxembourg to augment the intrinsic value of existing digital identities which already take up the entire population of the country, and to foster a target="_blank" rel="noopener noreferrer">PayPal, Flourish and Omidyar Network earlier this year, we are pleased to continue our expansion to deliver the future of digital identity for Europe and beyond,” said Matthew Commons, CEO, and co-founder of Cambridge Blockchain.

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