Paypal has made a relatively small (for a $120+ billion company) in Cambridge Blockchain, which is a company focused on digital identity. Paypal’s First Blockchain Investment Cambridge Blockchain is working on a product that will amount to a digital passport: the user will be able to have strict control of who uses their data, but also be able to use it to verify themselves. The investment gives a clear picture of how Paypal, who allow people to send, receive, and store money without the need of a bank (and even use ATM services through their debit card), might use the
The post Paypal’s First Blockchain Bet: Digital Identity appeared first on CCN
Read the original post: Paypal’s First Blockchain Bet: Digital Identity
