Former Microsoft, Oracle execs raise $3M for digital identity enterprise blockchain startup Trusted Key

A new Seattle startup Trusted Key is using blockchain technology to help companies in finance, healthcare, and other industries identify their users securely without the need for passwords. Founded in 2016 by former executives at Microsoft and Oracle, Trusted Key turns real-world identities into a secure digital wallet that gives companies an identity mechanism that doesn’t require passwords, pins, or multi-factor authentication. The company has announced a $3 million seed round led by Founders Co-op, with participation from Pithia, a new venture capital firm in Seattle focused on funding blockchain startups. Working closely with a variety of partners, Trusted Key is enabling banks and healthcare companies to provide next-generation trusted experiences to their consumers based on a secure digital identity that can be integrated directly into their mobile apps.

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