IOTA starts testing digital IDs in Taipei

05/04/18

The team behind Internet of Things cryptocurrency Iota want to embed digital identity capability into a smart city project in Taiwan.

The German non-profit enters testing phase of their distributed ledger technology-powered identification system, planned for Taipei citizens in a combined effort between IOTA (MIOTA), and the Taiwan-based start-up BiiLabs, tailored to upscale the South-eastern capital into a modern smart-city.

The innovative project relies not on blockchain- technology but on a revolutionary alternative called the Tangle, created by the Berlin-based Foundation, who describes it as a “block-less distributed ledger which is scalable, lightweight, and for the first time ever makes it possible to transfer value without any fees”

IOTA (MIOTA) has partnered with Taipei city earlier this year, in order to elevate Taiwan’s capital into a fully functioning smart-city. Among the numerous projects discussed between the two parties, a few will be implemented in the city before the end of the year. One of the projects includes digital ID’s built-in the Tangle, making them harder to copy, hack or manipulate by traditional criminal activity around identification documents. The hope is that this will cut down on identity theft and voter fraud, better secure sensitive medical data and help prevent theft of government services.

“With Taipei City always thinking ahead and with IOTA’s technology, this partnership is a strategic move to usher in the era of smart cities to the citizens of Taipei,” said Wei-bin Lee, Commissioner of the Department of Information Technology in the Taipei City Government, in a press release.

 

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