DeFi Daily News
Saturday, March 21, 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 Critics Mock Anthropic’s Claims Chinese AI Labs Are Stealing Its Data – Decrypt

rewrite this title Critics Mock Anthropic’s Claims Chinese AI Labs Are Stealing Its Data – Decrypt

February 23, 2026
rewrite this title and make it good for SEO Kite (KITE) Will Be Listed on Binance HODLer Airdrops!

rewrite this title and make it good for SEO Kite (KITE) Will Be Listed on Binance HODLer Airdrops!

November 1, 2025
President Trump nominates Kevin Warsh for Fed chair, top takeaways from Apple’s big earnings beat

President Trump nominates Kevin Warsh for Fed chair, top takeaways from Apple’s big earnings beat

January 30, 2026
rewrite this title How to Get Top Solana Token Holders – Moralis APIs

rewrite this title How to Get Top Solana Token Holders – Moralis APIs

May 14, 2025
rewrite this title and make it good for SEODelhi woman’s ‘Hire My Dad’ LinkedIn post wins hearts, goes viral

rewrite this title and make it good for SEODelhi woman’s ‘Hire My Dad’ LinkedIn post wins hearts, goes viral

January 11, 2025
Wintermute Integrates Over 350 Cryptocurrency Pairs with Traditional Finance through oneZero Collaboration | Coin Media

Wintermute Integrates Over 350 Cryptocurrency Pairs with Traditional Finance through oneZero Collaboration | Coin Media

July 16, 2024
rewrite this title AFC West free agency: Best, worst signing, one more FA to target

rewrite this title AFC West free agency: Best, worst signing, one more FA to target

March 19, 2026
rewrite this title Urgent Health Warning Issued for Popular Beaches Amid Punishing Heat Wave

rewrite this title Urgent Health Warning Issued for Popular Beaches Amid Punishing Heat Wave

March 19, 2026
rewrite this title Best Crypto Presale to Buy in 2026: the SEC Ends Its Turf War, and Pepeto Gives Early Buyers the Entry That Delivers The Biggest Returns

rewrite this title Best Crypto Presale to Buy in 2026: the SEC Ends Its Turf War, and Pepeto Gives Early Buyers the Entry That Delivers The Biggest Returns

March 19, 2026
Joe Rogan Experience #2470 – Pierre Poilievre

Joe Rogan Experience #2470 – Pierre Poilievre

March 19, 2026
rewrite this title Playnance’s G Coin goes live on MEXC as staking momentum builds

rewrite this title Playnance’s G Coin goes live on MEXC as staking momentum builds

March 19, 2026
rewrite this title How Gradient Labs is Thinking About the Shift to Agentic Banking – Finovate

rewrite this title How Gradient Labs is Thinking About the Shift to Agentic Banking – Finovate

March 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.