Categories: CryptoNews

ShoCard Collaborates with Airline IT Company on Blockchain ID App

Palo Alto-based ShoCard, a startup looking to leverage the bitcoin blockchain for digital identity management, has announced that a new app is being developed in collaboration with multinational Swiss-based air transport IT company SITA.

SITA was founded 1949 and the company’s membership is comprised of 417 international airline and aviation companies.

The SITA Digital Traveler Identity App was unveiled today in Barcelona, Spain, at the Air Transport IT Summit industry conference, according to a CoinDesk report. Due to the increased delays air travelers have been experiencing at airports across the globe, SITA has been looking for a solution to streamline passenger verification procedures.

The new app essentially works by hashing passenger’s ID documents and facial biometric data on the bitcoin blockchain. The hashing process results in a “Single Travel Token” that can be used by airport officials to authenticate the passenger’s identity. Since the identity is recorded on the bitcoin blockchain, any airport official across the world can access this information, provided they are given this token. This travel token is essentially the public key that provide read-only access, while the private key, which can be used to move data on the blockchain, remains hidden.

The app is still in the proof-of-concept stage and many technical details still need to be addressed. SITA representative said the ShoCard app is a good example of what is possible with blockchain technology. Jim Peters, CTO at SITA, explained that blockchains may eliminated the need for centralized identity storage:

“Blockchain technology offers us the potential to provide a new way of using biometrics. It could enable biometrics to be used across borders, and at all airports, without the passenger’s details being stored by the various authorities. ShoCard has worked with us to demonstrate how we could make this a reality.”

Related Post

ShoCard, founded by former Yahoo senior vice president Armin Ebrahimi and Jeff Weitzman, former president of Coupons.com, raised $1.5 million in funding from Digital Currency Group and three other VC firms, last year.

 

Image credit: 1

Apple users can now download the app of The Merkle in the App Store!

If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

Concerns Grow as Big Players Offload AAVE, Triggering Speculation of a Market Downturn

In a troubling indication for the AAVE community, a number of the cryptocurrency's large holders,…

3 hours ago

PumpFun Quietly Offloads $8.22 Million in Solana (SOL), Raising Questions About Market Manipulation

In a recent development that has caught the attention of the cryptocurrency community, #PumpFun, a…

3 hours ago

Hacker Who Stole 2,930 ETH From zkLend Loses It All in Phishing Scheme, Admits Defeat

In a strange occurrence, a hacker was able to capture 2,930 ETH (worth about $5.5…

3 hours ago

Synthetix’s sUSD Faces Significant Depeg Amid SIP 420 Transition: Is This the Start of a Death Spiral?

Synthetix's stablecoin, sUSD, has dipped yet again—this time by 4.6%—in just the last 24 hours,…

3 hours ago

PumpSwap DEX Reaches $10 Billion in Volume in Just 10 Days, Sparking Competition with Raydium

In just 10 days from launch, PumpSwap—a decentralized exchange (DEX) on the Solana blockchain—reached $10…

3 hours ago

MAKER PRICE ANALYSIS & PREDICTION (April 2) – MKR Regains Strength After Slight Pullback, Advancing Bullish

Following a slow and steady recovery, MKR saw a little setback last weekend due to…

5 hours ago