If you’ve ever shipped anything internationally, you’ll know what a hassle it is to get through customs. It’s a slow, lengthy, and sometimes expensive process where you need to get through papers, documents, and phone calls to law enforcement agencies. It’s even sometimes nerve-racking.
Jumio, a Palo-Alto company, has partnered with Insights Network and has a new way to move the whole process into an efficient blockchain. Insights Network is an EOS-based blockchain data network which will pave the way for Jumio’s ID verification platform. In essence, they work with each other by providing their specialties. Insights Network provides the backbone and Jumio provides the ID process.
It’ll come in a form that lets you upload your papers and ID like your driver’s license, passport, ID card, and visa. That’s it.
When you[‘re asking for ID, you simply take a selfie and the app uses biometric facial ID to match you with your docs verify you right there. Efficient? Yes. Impressive? Even more so.
Jumio says that the need for change is in the air based on the recent Facebook scandal and the need for protection and security is a necessity. There’s no word on when the app will be available yet.
Analytical. Paranoid. OCD. Interested in the world of crypto and how it affects our current world and future. New to investing, not so new to know how crypto works and influence the world of fiat currency. Blockchain is my second wife.
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