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IDall and Coinkeeper Exchange Enter Partnership to Revolutionize the Password Security System
Sep, 29 2020
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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:
https://twitter.com/IDall2/status/1253667224365092865?s=20
PASSCON Technology
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.
Disclaimer
The information provided through the above Content is for informational purposes only. The Content is not intended to be, and does not, constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. We do not make any guarantee or other promise as to any results that may be obtained using our Content. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice, and/or recommendations prove to be inaccurate, incomplete, or unreliable or result in any investment or other losses.
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Jayashree Ingle
CBW - External Analyst
INDIA
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