Photographer: Daniel Leal-Olivas/AFP/Getty Images
Hannah Miller
Deloitte Consulting is looking to utilize blockchain technology to establish digital credentials that can be used for everything from regulatory compliance in banking and decentralized finance to age verification for e-commerce.
The reusable credentials will be anchored on the KILT blockchain, Deloitte said in a statement, which noted that the aim is to make identity verification more efficient for both businesses and customers.