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5 Coolest Blockchain Security Startups To Follow In 2019

The five coolest blockchain security startups in 2019 include companies dedicated to ending DDoS attacks, safely storing and exchanging identity data, and eliminating the need for businesses to store passwords.

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ShoCard is a digital identity and authentication platform built on a public blockchain data layer that uses encryption and data hashing to safely store and exchange identity data. The company's approach to identity is different than existing tools in that the user owns and carries their own data and is the sole person who decides with whom to share it with and which pieces of identification to share.

There is no privately held central location that holds user’s private information, and pieces of a user’s identification do not need to be spread to other services in order to authenticate or prove ownership of an account. The mobile app is as easy and intuitive to use as a driver’s license, but secure enough for a bank.

The Cupertino, Calif.-based company was founded in 2015 and employs 19 people, according to LinkedIn. The company has raised $5.5 million through two rounds of outside funding, according to CrunchBase.

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