24 Apr New Zealand Tech Company Develops Radical Data Privacy Solution
A Kiwi tech startup called Centrality has reportedly raised hundreds of millions in funds despite being relatively unknown. The Auckland-based company, which is now valued at around $388 million, says it has developed a radical way to protect data privacy in New Zealand.
Centrality, which is already in talks with banks and the government, revealed that it has been working on an “identity project” that would give citizens an unhackable identity using Blockchain technology. The Department of Internal Affairs which is in charge of citizen identification in New Zealand has confirmed that they are indeed in discussion with the company.
The Centrality token is currently holds the 66th place out of all cryptocurrencies and is worth approximately USD 0.42.
Source: Newshub NZ