ShareRing to Trial Blockchain ID in Australian Government Age Verification Push

Summary

ShareRing, a Melbourne-based blockchain firm, is the first digital identity provider testing its technology for Australia's US$4 million verification trials aimed at enforcing social media restrictions for users under 16. A pilot program will begin next week with school students in Darwin, utilizing a self-sovereign identity platform for secure age verification while maintaining user control over personal data. New legislation is set to ban children under 16 from creating social media accounts, with non-compliant platforms facing fines up to US$30.7 million. ShareRing's reusable digital IDs address privacy concerns related to ID theft in government databases. The blockchain technology eliminates repetitive verification and enhances security by allowing users to verify age without uploading personal documents. Built on the Cosmos SDK, ShareRing's system efficiently processes registrations and connects to other blockchains. The Age Check Certification Scheme (ACCS) will oversee the trials to ensure compliance before the legislation takes effect.