WAKEFIELD, Mass.--(BUSINESS WIRE)--Kantara Initiative announced today the release of the industry's first report initiating the analysis of blockchain technology in regards to addressing its implications for empowering individuals and protecting individual privacy rights and personal data.
"Kantara's Blockchain and Smart Contracts Discussion Group (BSC DG) Report" discusses the use of blockchain technologies to build special-purpose identity, personal data and transaction ecosystem solutions in which individuals and organizations can interact more equitably and efficiently. The report is free to download here. Kantara Initiative is the world's leading digital identity industry association dedicated to improving the trustworthy use of identity and personal data.
"At Kantara, we are fervent in our efforts to create solutions and processes protective of the digital privacy rights of individuals' personal data. This blockchain report begins the process to create a framework and establish a process to address the balance of power in digital transactions using personal data," said Colin Wallis, executive director, Kantara Initiative. "The report's analysis and recommendations are being used to provide Kantara's BSC DG guidelines to help it move forward to the development and implementation phases of this blockchain effort."
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"Kantara's Blockchain and Smart Contracts Discussion Group Report" was produced by Kantara's 75-member BSC DG. The report was edited by Thomas Hardjono, chief technology officer, MIT Connection Science and Eve Maler, vice president, Innovation and Emerging Technologies, ForgeRock. The report includes analysis of blockchains and contracts, access and identity management technologies, consent receipt, User Managed Access along with multiple use cases and recommendations.
About Kantara Initiative
Kantara Initiative provides real-world innovation and development of specifications and conformity assessment programs for the digital identity and personal data ecosystems. Beyond its flagship eID-assisting Identity Assurance Trust Framework, developing initiatives including Identity Relationship Management, User Managed Access (EIC Award Winner for Innovation in Information Security 2014), Identities of Things, and the Consent Receipt, Kantara Initiative connects a global, open, and transparent leadership community, including CA Technologies, Digi.me, Experian, ForgeRock, Internet Society, Nomura Research Institute, and SecureKey Technologies. More information is available at https://kantarainitiative.org/.
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