Blockchain Tech is my key takeaway & not the bitcoin. Think about decentralized encrypted OOB Two-Factor Authentication, a Solution for global marketplace. A blockchain-based solution, for example, could be integrated easily into any platform in the world and still remain a properly decentralized and secure form of verification.

Such a decentralized solution would work in the form of issuing a digital token over the Bitcoin blockchain, which contains personal information of the consumer. Upon providing this token and using it to digitally sign the login process, for example, the user is then authenticated to access the platform. Because every token would only be deemed valid through its private key, which is owned by the user & no one else can access the platform through their credentials.

SFOR can work on a solution or may already be working on one, that will let users sign up to any service using their unique Bitcoin wallet addresses and private keys. This platform could easily be adapted to serve as a encrypted two-factor authentication protocol over OOB on top of the Bitcoin blockchain. Such solution will still be very user-friendly, will offer more security and privacy & be more cost-effective.

Blockchain has picked up really well globally, big investments are being made in this technology and addressing all ecosystem is the way to grow and look forward.