Audience
Organizations requiring a complete Decentralized Identity solution
About BitMark
A blockchain is a new type of computer that can be shared by anyone without having to ask permission. It’s open and yet secure — protected with cryptography and consensus technology. Bitmark was established in 2014, after we saw glimpses of how this could lead to a better society. Institutions require accountants, lawyers, regulators, and police. This increases bureaucracy, risk, and stress to society. Regulation can be captured. In short, our existing institutions are expensive to scale. The breakthrough idea behind the blockchain is that trust can be built through excess computing resources, Code can implement data integrity. Since computing follows Moore’s law, society will have more computing resources for less money over time. Simultaneously, we can increase individual autonomy and reduce corruption. Blockchain programs, known as smart contracts, create and manage data called tokens.