IDall and Coinkeeper Exchange Enter Partnership to Revolutionize the Password Security System
CBW -External Analyst
Sep, 29 2020
Coinkeeper Exchange and South Korean Wallet service provider IDall have collaborated to revolutionize the concept of password security. IDall and Coinkeeper will jointly work on a project that strives to eliminate passwords from the blockchains and the Internet.
IDall has been working on this project even before entering this partnership which they claim to be helpful for convenience and online safety of the users.
IDall has shared the news of the partnership on its twitter handle on April 24 which states:
IDall will be using an innovative PASSCON technology in this project which has supposedly been developed to simplify the tedious process of password maintenance for the users.
Along with the scheduled launch of hundreds of products on Coinkeeper, IDall will be showcasing the PASSCON technology to the wide user-base of the Coinkeeper.
Both firms jointly want to offer hundreds of innovative products for the decentralized community and internet users in the future.
IDall considers that passwords systems create a higher risk of hacking. Also, the overall process of password setting, information feeding, and trouble after passwords loss is a big concern for most of the blockchain users and internet users.
The project will try to evaluate the challenges in this process and will try to eliminate them through the unique PASSCON technology. They want to develop a single authentication method with a decentralized ID.
Giveaway Event for Promotions
A joint promotional event has been lined up to reward the users with 2000 IDALL tokens. As per the firms, this event has been organized to celebrate their joint venture.
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CBW - External Analyst