💡 Stratis releases Identity App Proof of Concept Public Beta 💡 - Price going up as a result

I noticed Stratis was suddenly spiking up in price, so I quickly looked for news and found it. Stratis has released their Identity Proof of Concept public Beta, as was posted on reddit several minutes ago. It is called the Stratis Identity App and is available for Android and an iOS version is upcoming.

With the Stratis Identity app, users will be able to validate their identities, or other documents, once. After that, users will only have to share the attestation, not the document itself, as it is already recorded on the blockchain. As quoted from the news release: "Proof of the information you confirmed with a social login provider, like Microsoft, will be written to The Stratis Blockchain. No actual personal information will be exposed without your explicit permission."

This is similar to how projects such as Civic approach the digital identity question, I believe. Currently Microsoft, Google and LinkedIn serve as social providers to the app.

The Stratis Identity app integrates with Microsoft’s Identity and Cloud Management solutions (Azure B2C Active Directory). Microsoft is one of the largest players in the market for identity management, possessing over 90% of the entire market.

Proof of Concept
This is another Proof of Concept, similar to the Earthtwine PoC last month, and serves as a way to show enterprises examples of how to integrate blockchain in their companies.

You can read more about the Stratis Identity App's Proof of Concept in their news release here

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