Bloom Decentralized Identity Review - Identity Review | Global Tech Think Tank - Identity Review | Global Tech Think Tank

Bloom is a blockchain solution for secure identity and credit scoring. The platform gives consumers ownership over their identity and financial data. By decentralizing the way that information is shared between untrusted parties, the system reduces risk of identity theft and minimizes costs associated with customer onboarding, compliance and fraud prevention.

Bloom is transforming global identity and credit through a decentralized infrastructure that is private, secure, financially inclusive and consumer controlled. Users can securely prove that their personal information is verified with blockchain technology and can choose what specific data can be included in their BloomID, allowing individuals full privacy control. Verified data is also reusable, allowing users to prove who they say they are in seconds, and the BloomID can access apps and services anywhere in the world.

Through Bloom, users can build, protect and manage their identity. Users can choose what to include in their identity when verifying the authenticity of their information. The BloomID leverages blockchain to create fully decentralized, digital identities that only users can control, helping to protect them from data breaches and identity theft. Finally, users can build, share and manage their identity at any time from the Bloom mobile app, allowing them to securely share verified data with apps, websites and lenders with the tap of a button.

Bloom focuses on:

  1. Smart Identity: Users can manage their smart identity all in one place with the BloomID command center and see the current status of their ID strength, credit score and security.
  2. Credit Monitoring: Users can check their credit score with free credit monitoring and get alerts when there’s important changes to reports.
  3. Hack Monitoring: Users can protect themselves from identity theft and can receive free alerts when their data is found in new breaches with Bloom Radar.



Learn more about Bloom identity solutions. This report covers:

  • Solutions and Capabilities
  • Key Source Selection Criteria
  • Setup and Configuration
  • Pros and Cons
  • Customer Testimonials
  • Stakeholder Profiles
  • Major Product Milestones
  • Pricing and more

Objective of the Report:

  • To provide objective in-depth analysis for prospective buyers
  • To analyze how Bloom fits into the identity market
  • To provide key insights into solution capabilities, key deployments, organization size, and customer success track record
  • To share developments such as regional expansions, new product launches
  • To conduct pricing analysis relative to the identity market

This full review is available to Identity Review’s Consortium Members. You can learn more about this review and other benefits of the Consortium membership by getting in touch with us here.

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