Bringing the Blockchain to Life(ID)

Meet Dragonscale incubation partner, lifeID

There is an undeniable growing global understanding that blockchain, and its underlying decentralized structure of recording value, will soon permeate virtually every aspect of modern life. (more on this from the HuffPo). Naturally, identification systems that can provide the highest levels of security, ease of use and scalable efficiency, will be some of the first necessary building blocks towards truly enabling that future.

lifeID, a Dragonscale incubation partner and the second of our exclusive ICO pre-sales for Dragon holders this month, provides exactly this type of solution. We believe lifeID’s solid technology and impressive team have it poised for early marketshare in this important area.

Consider applications from rewards cards to gym memberships to health and education records. For these, the ability to confirm identity is as important as the ability to confirm a transaction. The vulnerabilities in current systems for identity management (whether from criminal attack or internal abuse) are widespread, well-documented and growing fast.

“We are building the Ethereum for identity,” said lifeID Founder and veteran security expert Chris Boscolo. “lifeID is creating an innovative way for users to authenticate themselves both online and in the real world, while preserving their privacy. With this recent Equifax data breach of 143 million American consumers, it’s clear that the current identity model is broken.”

lifeID solves this with a secure identity level platform that establishes trust within Dragonchain and other blockchain-based environments. This enables the convenience of no-password, no-ID card trust solutions that are also secure from “hacking” and the many other vulnerabilities of centralized databases.

We’re proud that one of the first applications of lifeID will be as a KYC (Know Your Customer) verification tool for all Dragonchain ecosystem ICOs. Many others will soon follow as lifeID works to establish its technology as the Bluetooth or Wi-Fi equivalent for secure identification in the new blockchain era.

We’re also pleased to offer early support to the technology through the Dragonchain community. As with all Dragonscale ICOs, Dragon holders will provide the initial funding round for lifeID through an exclusive pre-sale (tentatively January 29). Additional participation information, including the lifeID white paper and Dragon Slumber Score discount levels, will be realeased in the coming weeks.

For more information, please visit http://www.lifeid.io, follow @lifeID_io on Twitter or join the conversation on the official lifeID Discord channel.