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Cloud Computing: Press Release

Sphre Partners with Airbitz to Power Secure Blockchain-Based Identity Management

Sphre aims to fully engage and embrace the change by influencing the economics that fuel the future

LONDON -- Sphre (www.sphre.co), an identity management firm focused on blockchain projects, today announced a partnership with Airbitz, a data security platform and mobile bitcoin wallet. . Sphre’s AIR, a smart contract-based platform for the secure management and monetization of digital identities, will be the first project using a permissioned blockchain to to leverage Airbitz’ Edge Security. The partnership will allow AIR to benefit from the versatility of Edge Security, which is blockchain-agnostic to ensure intuitive and secure user experiences on both public and permissioned blockchains.

 

“Many technologies related to digital identity, such as cryptography, have been around for years but are poorly implemented or not implemented at all because of difficult user experiences,” said Paul Puey, CEO and Co-Founder of Airbitz. “Sphre, with the help of Airbitz Edge Security, will make the use of blockchains and cryptographic keys much easier for the end-user. This has been Airbitz’ core focus and we’re happy to partner with the Sphre team.”

 

“The easy and intuitive user experience, coupled with rich functionality, great development environment and team made Airbitz an easy choice when considering the right partner for Sphre,” said Daren Seymour, Director at Sphre. “We look forward to delivering an easy-to-use product to the market, and our partnership with Airbitz is a key component on this journey.”

 

AIR is a secure, lightweight system for digital identity and individual microeconomic engagement based on blockchain infrastructure. AIR’s API will allow third-party organizations and enterprises to integrate support for AIR into their existing and new systems, while the mobile application secures and maintains each individual’s private key. The Hyperledger Chaincode (smart contract) forms the basis of the given identity, and contains program logic that will allow an individual to recover their identity if their mobile device is lost. Sphre recently announced a crowdsale for the XID token powering the AIR platform, beginning June 1, 2017.  XID tokens are used within the AIR platform to facilitate identity-based transactions and handle profit-sharing disbursement based on customizable monetization agreements for users to engage in. For more information, please visit: http://www.sphre.co/cs/

 

ABOUT SPHRE

Sphre is a new kind of information technology organization, driving radical and positive change for individual and the enterprise identity management. The world is undergoing a rapid transformation, and Sphre aims to fully engage and embrace the change by influencing the economics that fuel the future. For more information, please visit www.sphre.co.

 

ABOUT AIRBITZ

Airbitz is data security platform and mobile bitcoin wallet with over 140,000 users. Airbitz is focused on bringing ease-of-use and ease-of-security to blockchain services and decentralized applications, smoothing the path to mass adoption with its Edge Security Platform. Airbitz has been developing its Edge Security Platform since it was founded in 2014, and the Airbitz mobile app, which many Bitcoin users are familiar with, is the battle-tested first app on the platform. Since releasing the Edge Security SDK in Q1 of 2016, there are now a handful of apps leveraging Airbitz Edge Security in the iOS and Android app stores.

 

Media contact: [email protected]

More Stories By Xenia von Wedel

Xenia von Wedel is a Tech blogger and Enterprise Media Consultant in Mountain View, serving clients in a variety of industries worldwide. She is focused on thought leadership content creation and syndication, media outreach and strategy. She mainly writes about Enterprise, B2B solutions, social media and open source software, but throws the occasional oddball into the mix. Buy her a coffee if you like her article: http://xeniar.tip.me