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Identity For A Mobile World

Identity For A Mobile World

ShoCard is a virtual identity card platform that consumers use through a mobile app, built on top of the public blockchain data layer. It's as easy to use as showing a driver’s license, but so secure that banks can rely on it. The ShoCard platform uses public/private key encryption and data hashing to safely store and exchange identity data. It’s a strong form of multi-factor authentication with out-of-band communication, data matching, and multiple private keys and hashes throughout the process. The blockchain allows ShoCard to create a secure, distributed trust system with all the benefits of a federated identity system, with very little backend overhead.

Identity theft and credit card fraud costs banks billions and by integrating ShoCard with their existing, but limited, credit card authentication scheme (or replacing it), ShoCard will cut their costs and fraud losses and increase their customer satisfaction.

Armin Ebrahimi

Avatar for Armin Ebrahimi
Founder @ShoCard
Total raised

$1M

Funded over

1 round

Latest round (Jul 2015)

Seed

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