Storing People's Identification in One Digitally Secure Location
BAAR, SWITZERLAND / ACCESSWIRE / December 16, 2021 / PhotoChromic has announced the launch of their new cutting-edge software which captures identity as an NFT. Their goal is for this digitally stored identification to be recognized as a legitimate ID by any authority.
"The utility of being able to bond one's identity to assets such as documents, art, and collectibles is globally applicable," says a representative for PhotoChromic. "ID token holders will have complete control over the protocol and be able to bond their identities to digital and physical assets."
PhotoChromic offers its users the following features:
- All Government-issued IDs can be safely stored as an NFT
- Banks, crypto wallets, and documents can be kept together
- People users trust can validate their identity as part of the community validation protocol
- Ability to tether users identity to their digital assets
This software will also be beneficial to individuals who must cross borders. Governments do not always act quickly or fairly towards immigrants, but this easily accessible digital identity will help to change that.
PhotoChromic prioritizes individual sovereignty over centralized control. This is known as Self-Sovereign Identity (SSI); whereby a digital identity is managed by the individual instead of other companies. The user can personally manage the distribution of their data, in a secure and easy way.
Through PhotoChromic, an individual can pass their data onto a chosen third party, but the party is not allowed to retain the underlying data. Storing an ID as an NFT protects the user against their information from being compromised, compared to other companies that can leak or sell your data.
To access the White Paper for PhotoChromic, as well as further information about the project, please visithttps://photochromic.io/
Contact:
PhotoChromic
Catherine Jenkin
[email protected]
SOURCE: PhotoChromic