We often hear about how Bitcoin isn’t just limited to being a currency or alternative payment system. Did you know the same underlying technology that powers these functions can also be used as login credentials? Instead of keeping up with a pile of usernames and passwords, imagine if you could access your online accounts with one private ID. It’s called BitID, and you can use it today!
BitID uses the same cryptography that Bitcoin uses to prove the ownership of a particular key, even when the environment is unreliable or untrustworthy. With BitID, you can use your Bitcoin wallet to sign a message with your private key to login to online accounts. No sensitive, targetable personal information is ever exchanged. Just as sites now allow for logins by connecting social media accounts, BitID works the same way but with far fewer privacy concerns.
This provides a safe and easy way to control access to your most valued online accounts. It’s incredibly rare that a technology comes along which makes dramatic improvements to both security and ease of use. In our quest to make privacy and security accessible to the masses we have begun implementing BitID with our partners, including our in-app buy/sell feature that launched last week. Use your Edge Secured private key to create an account with our exchange partner, Glidera, from right within the Airbitz mobile app today!
It’s our mission to ensure you’re able to easily and securely keep your personal data to yourself. The future of logins is here with BitID and we’re happy to be one of the pioneers of this technology by enabling it in our mobile app and partnering with other services that do the same. Glidera has completed their invite-only beta testing phase and is now available in open beta.
Try the Gildera Exchange today from right inside your Airbitz mobile app!