Fujitsu to launch blockchain-based identity validation system

Tech giant Fujitsu is building a new identity authentication technology on the back of blockchain programming. According to the company, this new identity validation system would allow for a more secure online environment where business partners taking part in transactions would be able to authenticate each other’s identities. The initiative is reportedly built using DID, or Decentralized Identification, a network that allows different parties to ascertain the validity of their identities and personal data. The company has used blockchain to bolster the initiative, reducing risks of malpractices within the system. The company believes that this technology could elevate the broader