DeFi Daily News
Sunday, April 19, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

rewrite this title ShareRing to Trial Blockchain ID in Australian Government Age Verification Push – Decrypt

Vince Dioquino by Vince Dioquino
April 9, 2025
in Web 3
0 0
0
rewrite this title ShareRing to Trial Blockchain ID in Australian Government Age Verification Push – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Melbourne-based ShareRing has been tapped as the first digital identity provider to begin testing its tech for the Australian government’s US$4 million verification technology trials approved late last year to enforce social media restrictions for underage users.

The blockchain firm will launch a pilot program with school students in Darwin, testing its self-sovereign identity platform that allows users to safely and securely provide age verification while keeping control of their personal data.

Trials are set to begin next week as Australia looks to implement new legislation by December, banning children under 16 from creating social media accounts, with platforms facing fines up to US$30.7 million for non-compliance.

ShareRing’s use of reusable digital IDs helps address privacy concerns from Australians who have voiced against the risk of ID theft in government-run databases. Those concerns have been around since last year when the legislation was approved for trial.

The tech “eliminates the need for repetitive verification while maintaining instant trustless verification and a privacy-first approach,” Tim Bos, ShareRing’s founder and chief technology officer, told Decrypt.

Unlike conventional centralized identity systems, ShareRing’s blockchain-based tech helps remove potential single points of failure or data breach risks if only one entity, such as a government, has control of the data.

It allows users to verify their age without uploading personal documents, instead sharing only cryptographic proof, keeping data in the user’s control, and reducing exposure to breaches from nefarious, would-be hackers.

Built on the Cosmos SDK, ShareRing’s tech provides a way to create custom blockchains, in this case for use in helping screen out age-inappropriate content on social media platforms by verifying users, without necessarily exposing their personal information.

Using Tendermint, a proof-of-stake consensus mechanism, ShareRing can process registrations with efficiency while also allowing it to connect to other blockchains.

The company claims it has secured accreditation under the UK’s Digital Identities and Attributes Trust Framework and joined Select ID, the UK’s first Reusable Digital ID Network for financial services.

Trials for Australia are being led by Age Check Certification Scheme (ACCS), an independent assessment consortium. ACCS will check age verification technologies before the social media restrictions take full effect within the year.

Edited by Sebastian Sinclair

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: ageAustralianblockchainDecryptGovernmentPushrewriteShareRingtitleTrialVerification
ShareTweetShare
Previous Post

Don’t Do Crypto Taxes Until You Watch This Video

Next Post

Gutfeld: If you can’t contain El Chapo, your opinion is El Crappo

Next Post
Gutfeld: If you can’t contain El Chapo, your opinion is El Crappo

Gutfeld: If you can't contain El Chapo, your opinion is El Crappo

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Google Unveils Flow: An All-in-One AI Video Editing Tool That Can Do It All!

rewrite this title Google Unveils Flow: An All-in-One AI Video Editing Tool That Can Do It All!

May 21, 2025
rewrite this title Nvidia Merges Supercomputers and Quantum Computers with NVQLink | Metaverse Planet

rewrite this title Nvidia Merges Supercomputers and Quantum Computers with NVQLink | Metaverse Planet

November 19, 2025
New study reveals significant increase in breast cancer rates among Asian Americans

New study reveals significant increase in breast cancer rates among Asian Americans

October 1, 2024
rewrite this title What Are Ordinals? Bitcoin NFTs Are Gaining Significant Attention

rewrite this title What Are Ordinals? Bitcoin NFTs Are Gaining Significant Attention

June 27, 2025
Fed rate cut likely to be delayed by political uncertainty, strategist says

Fed rate cut likely to be delayed by political uncertainty, strategist says

July 1, 2024
rewrite this title and make it good for SEO Hyperliquid Deep Dive: Understand HYPE and HLP Model

rewrite this title and make it good for SEO Hyperliquid Deep Dive: Understand HYPE and HLP Model

April 3, 2025
rewrite this title and make it good for SEONifty has a bit of momentum, but faces resistance at 24,300-24,700

rewrite this title and make it good for SEONifty has a bit of momentum, but faces resistance at 24,300-24,700

April 19, 2026
rewrite this title Russia stocks lower at close of trade; MOEX Russia Index unchanged By Investing.com

rewrite this title Russia stocks lower at close of trade; MOEX Russia Index unchanged By Investing.com

April 19, 2026
rewrite this title Mo Salah, Virgil van Dijk step up for Liverpool in Merseyside derby, Aston Villa set up perfect run-in – Premier League hits and misses

rewrite this title Mo Salah, Virgil van Dijk step up for Liverpool in Merseyside derby, Aston Villa set up perfect run-in – Premier League hits and misses

April 19, 2026
rewrite this title Crypto traders spend .7B on fees as the next Bitcoin drawdown will expose which on-chain costs are real

rewrite this title Crypto traders spend $9.7B on fees as the next Bitcoin drawdown will expose which on-chain costs are real

April 19, 2026
rewrite this title Kelp DAO Exploit Sparks Aave Liquidity Crunch, .2 Billion Withdrawal Panic – Decrypt

rewrite this title Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic – Decrypt

April 19, 2026
rewrite this title with good SEO Strategy Raises .76B War Chest As Saylor Signals Bigger Bitcoin Buy

rewrite this title with good SEO Strategy Raises $1.76B War Chest As Saylor Signals Bigger Bitcoin Buy

April 19, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.