The best way to show who you are are to anyone, for any reason, any time, any where.
about the company
Jeff Weitzman is the Co-founder and President & COO of [ShoCard, Inc.](http://shocard.com), developers of a revolutionary new identity management platform based on blockchain technology. Weitzman is a veteran technology and online advertising executive. Most recently he co-founded and led [Go Factory, Inc.](http://www.go-factory.com), an Internet of Things platform company. Earlier he was CMO at [Buysight, Inc.](http://www.buysight.com), an online behavioral advertising technology company. His executive positions include CMO of non-profit [Common Sense Media](http://www.commonsense.org) and President & COO of [Coupons.com](http://www.coupons.com), where he helped lead the company from startup to industry leader. He led Client Services at [Yahoo!](http://www.yahoo.com) and was COO of Counsel Connect, an early online service for lawyers. Weitzman was also an attorney at Shearman & Sterling.
CEO Advertising.com Dynamic Retargeting/SVP AOL Networks @ Advertising.com, now a part of ONE by AOL
ShoCard in the press
But on the blockchain, most identity solutions providers are rushing to deliver solutions before bolting them onto applications. I would expect that blockchain-assisted identity and access solutions can help us arrive at better solutions than the current ones. But with blockchain solutions, the roles are reversed: You self-register your identity first, and then you link to your social accounts. He is also the author of the upcoming book, The Business Blockchain. Consumer questionsBut, when it comes to the implementation and evolution of blockchain solutions, there are a few issues and questions that arise.
Either way, the story cuts to the core of how ShoCard and blockchain technology can intercede and solve problems inherent in such an incident. ShoCard doesn't put the user's data on the blockchain, rather just its own cryptographic proof that the data is correct. First, convince enterprise businesses that using the blockchain is more secure and efficient; second, use trusted brands as distribution partners to consumers. "Question of scaleThe most pressing challenge for ShoCard isn't technology, Ebrahimi acknowledges, it's a question of scale. ShoCard, Ebrahimi believes, could compete against these systems if it could achieve a similar scale because the blockchain would help return control to users.
Venture Capital Dispatch has the story here. The company raised $1.75 million in funding roughly a year ago. Venture Capital Dispatch has more here. Revolut, a year-old, London-based alternative foreign exchange service, has raised $2.3 million (£1.5 million) from Balderton Capital. Apptio has raised roughly $136 million over the years, including from Andreessen Horowitz, Greylock Partners, Madrona Venture Group, and Shasta Ventures.
We’re not there yet, but ShoCard just raised $1.5 million from Morado Ventures Partners, AME Cloud Ventures, Enspire Capital and Digital Currency Group to do just that. As a reminder, ShoCard certifies and stores ID documents into the Blockchain, so that you can securely retrieve them later and prove your identity whenever you need to. It’s an interesting take on the Blockchain, and while everybody is in a wait-and-see approach with bitcoin, the Blockchain will certainly still be around for many years. When you create your ShoCard, you first scan your identity document and sign it. ShoCard removes this complexity as you only need to approve purchases with your phone once you are identified.