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H.R. 4258 would direct the Nationwide Institute of Requirements and Expertise (NIST) to create a brand new framework of requirements to information authorities companies when offering digital identification verification providers.
PHOENIX , July 30, 2021 /PRNewswire-PRWeb/ — Earlier this month Shamsh Hadi, CEO of ZorroSign, Inc. – a know-how firm based mostly in Phoenix, AZ – submitted testimony to a Congressional panel inspecting digital identification and privateness points. “The considerate and intentional employment of blockchain to safeguard private information is one method to obtain the twin objective of defending customers whereas on the similar time preserving the financial and social advantages of knowledge,” stated Hadi, who can be a founding member of the Affiliation for Knowledge and Cyber Governance (ADCG).
On July 16, 2021 the Home Committee on Monetary Companies’ Process Pressure on Synthetic Intelligence held a listening to entitled “I Am Who I Say I Am: Verifying Identification whereas Preserving Privateness within the Digital Age.” The listening to examined how federal and state governments can greatest set interoperability necessities and requirements for Synthetic Intelligence (AI) and different rising applied sciences that may enhance trendy smartphones’ processing and sensor capabilities and allow the creation of a top quality and privacy-preserving safe digital identification (ID). The listening to additionally checked out the way forward for digital identification frameworks, inspecting how the rising applied sciences (together with AI, blockchain, and different distributed ledger know-how) might contribute to constructing digital ID.
Hadi, a blockchain professional, centered his testimony on the essential function blockchain can and may play within the efforts to higher safe digital identification and in addition protect particular person privateness. “Blockchain is necessary as a result of it has distinctive qualities that set it other than different transaction database administration programs,” famous Hadi in his testimony. “Particularly, blockchain is getting used as we speak in non-public, permissions-based decentralized programs which can be safe, trusted and automatic with financial institution grade safety. In the end, blockchain know-how helps make digital transactions safer, sooner and cheaper.”
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Hadi steered that one necessary step the U.S. Congress might take this yr is approving the Bettering Digital Identification Act of 2021, bi-partisan laws launched within the U.S. Home of Representatives final month by U.S. Reps. Invoice Foster (D-IL), John Katko (R-NY), Jim Langevin (D-RI), and Barry Loudermilk (R-GA). The invoice would set up a activity power to carry collectively key federal companies with state and native authorities representatives to develop safe strategies for presidency companies to validate identification attributes to guard the privateness and safety of people, and assist dependable, interoperable digital identification verification instruments in the private and non-private sectors. The invoice, H.R. 4258, would additionally direct the Nationwide Institute of Requirements and Expertise (NIST) to create a brand new framework of requirements to information authorities companies when offering digital identification verification providers – inserting an emphasis on privateness and safety.
In his testimony Hadi asserted that “enactment of this invoice into legislation will be certain that the US stays a world chief relating to on-line privateness and safety. Certainly, the way forward for our financial system relies on the U.S. authorities tackling this problem and doing every thing attainable to make sure that the US is on the innovative relating to digital identification verification providers.” Hadi applauded the chair of the Process Pressure on Synthetic Intelligence, U.S. Invoice Foster (D-IL) for authoring the invoice and being a pacesetter in Congress relating to digital identification and on-line privateness points.
Hadi additionally steered to the Process Pressure that it “take into account making certain that any laws that units nationwide requirements for shopper consumer privateness and information safety require that any enterprise or authorities entity that collects a shopper’s Private Identifiable Data (PII) have in place programs, services and products that make sure the privateness and safety of that shopper’s private info and their information.”
Hadi concluded his testimony by stating that “blockchain represents a viable resolution for most of the challenges going through each our nation and the worldwide neighborhood relating to digital identification, privateness and combating identification theft. On the very least, blockchain must be one among a number of rising applied sciences that may and must be employed to higher confirm digital identification and protect privateness.”
To learn Mr. Hadi’s whole testimony, please click on here.
About ZorroSign When the chance is private and every thing is on the road, Z-Signal or do not signal! Headquartered in Phoenix, Arizona, ZorroSign, Inc. makes use of blockchain for superior privateness and safety. The corporate’s know-how platform integrates digital signatures, automated compliance, clever types, doc administration, fraud prevention, consumer authentication and doc verification—safeguarding the privateness and safety of digital paperwork and proving an immutable chain of custody for transactions. To be taught extra, go to zorrosign.com.
Emblems ZorroSign, ZorroFill, ZorroSign (patented) 4n6 Token, and JustZSign, are registered logos of ZorroSign, Inc. and/or its associates. All different trademarked names or phrases used on this doc are the property of their respective homeowners.
Media Contact
Jeanee Snipes, ZorroSign, Inc., 8559677676, marketing@zorrosign.com
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SOURCE ZorroSign, Inc.
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