H.R. 4258 would direct the Nationwide Institute of Requirements and Know-how (NIST) to create a brand new framework of requirements to information authorities businesses when offering digital id verification companies.
PHOENIX , July 30, 2021 /PRNewswire-PRWeb/ — Earlier this month Shamsh Hadi, CEO of ZorroSign, Inc. – a expertise firm based mostly in Phoenix, AZ – submitted testimony to a Congressional panel analyzing digital id and privateness points. “The considerate and intentional employment of blockchain to safeguard private information is one option to obtain the twin purpose of defending customers whereas on the similar time preserving the financial and social advantages of information,” mentioned Hadi, who can also be a founding member of the Affiliation for Knowledge and Cyber Governance (ADCG).
On July 16, 2021 the Home Committee on Monetary Companies’ Process Power 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 fashionable smartphones’ processing and sensor capabilities and allow the creation of a top quality and privacy-preserving safe digital id (ID). The listening to additionally checked out the way forward for digital id frameworks, analyzing how the rising applied sciences (together with AI, blockchain, and different distributed ledger expertise) may contribute to constructing digital ID.
Hadi, a blockchain skilled, centered his testimony on the crucial position blockchain can and will play within the efforts to raised safe digital id and in addition protect particular person privateness. “Blockchain is necessary as a result of it has distinctive qualities that set it aside from different transaction database administration programs,” famous Hadi in his testimony. “Particularly, blockchain is getting used in the present day in personal, permissions-based decentralized programs which are safe, trusted and automatic with financial institution grade safety. In the end, blockchain expertise helps make digital transactions safer, quicker and cheaper.”
Hadi urged that one necessary step the U.S. Congress may take this 12 months is approving the Enhancing 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 job drive to carry collectively key federal businesses with state and native authorities representatives to develop safe strategies for presidency businesses to validate id attributes to guard the privateness and safety of people, and help dependable, interoperable digital id verification instruments in the private and non-private sectors. The invoice, H.R. 4258, would additionally direct the Nationwide Institute of Requirements and Know-how (NIST) to create a brand new framework of requirements to information authorities businesses when offering digital id verification companies – inserting an emphasis on privateness and safety.
In his testimony Hadi asserted that “enactment of this invoice into regulation will be sure that america stays a world chief in the case of on-line privateness and safety. Certainly, the way forward for our economic system is determined by the U.S. authorities tackling this challenge and doing every little thing potential to make sure that america is on the innovative in the case of digital id verification companies.” Hadi applauded the chair of the Process Power on Synthetic Intelligence, U.S. Invoice Foster (D-IL) for authoring the invoice and being a frontrunner in Congress in the case of digital id and on-line privateness points.
Hadi additionally urged to the Process Power that it “take into account making certain that any laws that units nationwide requirements for client consumer privateness and information safety require that any enterprise or authorities entity that collects a client’s Private Identifiable Data (PII) have in place programs, services and products that make sure the privateness and safety of that client’s private data and their information.”
Hadi concluded his testimony by stating that “blockchain represents a viable answer for most of the challenges dealing with each our nation and the worldwide neighborhood in the case of digital id, privateness and combating id theft. On the very least, blockchain must be one among a number of rising applied sciences that may and needs to be employed to raised confirm digital id and protect privateness.”
To learn Mr. Hadi’s whole testimony, please click on here.
When the danger is private and every little 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 expertise platform integrates digital signatures, automated compliance, clever kinds, 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 study extra, go to zorrosign.com.
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 house owners.
Jeanee Snipes, ZorroSign, Inc., 8559677676, [email protected]
SOURCE ZorroSign, Inc.