Melbourne-based Sharing has been tapped as the first digital identity provider to begin testing the Australian government’s US$4 million verification technology trial technology and has been approved to enforce social media restrictions for minors.
The blockchain company has launched a pilot program with Darwin students to test a self-strong identity platform that allows users to provide age verification safely and securely while controlling their personal data.
It is expected to start next week as Australia appears to implement new laws by December. Children under the age of 16 have banned the creation of social media accounts, and the platform has been fined and faced up to US$30 million.
Sharing reusable digital IDs can help address privacy concerns among Australians who have expressed against the risk of identity theft in government-run databases. These concerns have been around since last year when the law was approved for trial.
The technology “eliminates the need for repeated verification while maintaining an immediate, unreliable verification and a privacy-first approach,” said Tim Boss, founder and chief technology officer of Share. Decryption.
Unlike traditional centralized identity systems, Sharering’s blockchain-based technology can help remove a potential single failure or data breaches risk if only one entity, such as a government, controls the data.
Users can verify their age without uploading personal documents, share only encrypted proofs, retain data in user controls, and reduce exposure to violations from neafarious hackers.
Built on the Cosmos SDK, Sharering’s Tech offers a way to create custom blockchains that help screen age-appropriate content on social media platforms by verifying users without necessarily releasing personal information.
With Tendermint, a consensus mechanism for proof, sharing can also connect to other blockchains while efficiently handling registrations.
The company claims it has secured certification under UK digital IDs, attributed Trust Framework and joined Financial Services’ first reusable digital ID network, Select ID.
The Australian trials are led by the Age Check Certification Scheme (ACCS), an independent assessment consortium. ACCS checks age verification techniques before social media restrictions become fully effective within one year.
Edited by Sebastian Sinclair
