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Ontology and bloXmove to bring decentralized identity to urban transport apps -Breaking

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Ontology is a provider of self-sovereign identificationSystems on the Blockchain announced a partnership on Tuesday with decentralized mobility platform bloXmove in a bid for faster development of their decentralized credentials. Blockchain participants will be able to securely and privately share personal data, like driver’s licence, through the decentralized digital identification protocol (DID).

Complex cases may require DIDs. Decentralized financeApps, like urban transport apps or decentralized auto insurance. A simple smart contract would not be sufficient to process a claim for reimbursement for medical expenses at a hospital.