Verizon Business has reportedly publicly released 2 new blockchain-powered security tools for administration and identity access.

The new systems, dubbed Verizon Identity (VID) and Verizon Machine State Integrity respectively, was built using the features of blockchain technology, as revealed by the US technology firm on March 5th. 

VID reportedly offers encryption service for identity data, along with distribution via numerous servers across the blockchain, ultimately eliminates the involvement of a centralized base that may appear vulnerable to hackers. 

Per Verizon Business, Verizon ID will provide a “secure digital environment”, based on the clients’ mobile devices, for safekeeping of access credentials, with enhanced ease of access and verification. 

According to the “Verizon’s 2019 Data Breach Investigations Report” research, 29 percent of the hacks looked into showed signs of stolen credentials in use. 

As for the Verizon Machine State Integrity, it will secure information regarding operations of fully decentralized environments, to provide more extensive knowledge of possible security problems. 

The system will provide constant supervision of a structure of machines composed of servers, routers, gateways, among others, to develop a verifiable chain of events deprived from the machines, rather than solely logs.