Copy link
Increase text size
Decrease text size
Link copied

Accenture to ink blockchain traveler ID deal with Canada, Netherlands, others: Report

“Accenture Building City View Plaza San Jose” by Michael Gray is licensed under CC BY 2.0

Wed, 19 Jun 2019, 03:15 am UTC

Global accounting giant Accenture will reportedly sign a formal agreement with Canada, the Netherlands, and other groups to utilize blockchain in identifying travelers, Cointelegraph reported citing the company’s managing director of capital markets David Treat.

Speaking at the Synchronize Europe conference in London, Treat revealed the initiative will see the Canadian and Dutch governments, Air France-KLM, Air Canada, and several airports work together under the new collaboration.

Treat will approve the deal, called “Known Traveler Digital Identity,” which aims to customize the encounters of passengers using biometric information, in around 2 weeks’ time. The blockchain-based ID can enable travelers to notify customs authorities of their biometrics and trip itinerary in advance.

If I’m able to take my user-controlled identity, decide that I actually want to share, so that I can get hyper-personalized service. I want to share aspects of my preferences, my identity with those players [...] in my journey, can I get a better service?” he explained during the conference presentation in London on June 18.

The project initially surfaced in mid-2018 around the World Economic Forum, with officials underscoring the need to facilitate travelers’ data.

Even in the financial industry, banks are starting to adopt blockchain technology to authenticate important documents. Just recently, Warsaw-based Alior Bank is utilizing the public Ethereum blockchain to verify the integrity of the documents of clients.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $9,131.90 (+2.73%)
  • Ethereum (ETH) $176.00 (+3.37%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $352.92 (-4.75%)
  • Bitcoin SV (BSV) $257.61 (-5.49%)
  • Bitcoin (BTC) $9,131.90 (+2.73%)
Jan 17, 2020 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto dealer SFOX announces new service for investors and wealth managers
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
Crypto exchange Gemini launches own insurance company "Nakamoto"
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
Huobi joins Blockchain Turkey Platform (BCTR)
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
U.S. lawmakers seek tax exemption for crypto transactions under $200
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.