Cambridge Blockchain, one of a growing number of startups applying blockchain technology to a thorny problem of modern banking, namely the need to both collect customer data and respect customer privacy, is developing a digital solution for managing and sharing personal information.
The girls were dancing on a neon tank, wearing sequined bikinis lit up by red and green laser light. A strobing fixed-wing aircraft passed overhead like the acid-trip kissing cousin of a Mitsubishi A6M Zero, with more sequined women dangling from it, trapeze-style. Flashing robots had preceded them — wheeling through the room, pumping their fists at the crowd — while the audience, seated on tiers of glittery red plastic swivel chairs, waved glow sticks.
Identity is a tricky thing, for financial institutions as for philosophers. Banks and credit unions spend an inordinate amount of time learning who their customers are, verifying that they are who they say they are and proving to regulators that they know with whom they are doing business. The standard means of authenticating a customer who calls in is to have the call center representative play 20 questions.