WHY WE ARE BACKING EVERNYM & THE SOVRIN FOUNDATION

If you have spoken to me recently you will know myself and the Outlier team are really very excited to have announced at the beginning of the month becoming Evernym’s, and the Sovrin Foundation and it’s token’s, lead investor and strategic partner. As with every investment we wanted to find some time to provide the rationale to our decision which I have laid out below.

Identity on the Blockchain

Dealing with identity of users is both a profound challenge and a promising opportunity for blockchain technology. We first explored identity in early 2015, when we identified 9 building blocks for a successful blockchain industry. So how are things mid-2016?