Fujitsu launching a blockchain-based identity and credential rating solution
|- The Japanese research firm Fujitsu has developed a new solution for the purpose of identity and rating users.
- It will provide a trustworthiness scores amongst users for each transaction occurs.
Fujitsu Laboratories, Japanese tech research firm has recently constructed a blockchain-based solution which will be leveraged for; evaluating user credentials, identity and trustworthiness in online transactions, according to an announcement by Fujitsu.
The solution will be providing a trustworthiness across users, taking into consideration their stored on a blockchain. Users will be able to rate each other when a transaction occurs and the technology the performs an evaluation of this data to make a guess about users’ relationships with one another.
Fujitsu details that this solution has advantages over other Decentralized Identification (DID) solutions, which are a type of solutions leveraged for the purpose of identity and credential verification via third parties.
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