Photino Short Whitepaper
The over-arching desire of many cryptocurrencies to provide anonymity leads to problems with regulatory compliance. This casts a shadow over the future of many crypto-currencies and their use in payment systems. Because if its strong association with cryptocurrencies, blockchain technologies are also seeing less use in applications. A computational model is presented that incorporates a novel notion of anonymity called selective anonymity. Using selective anonymity, consumers may control all or some of their identity information and data and share it in a special form that allows its interrogation and verification, without the underlying data being revealed. The new model integrates encoded information, including payment information, into a single container that may be securely exchanged between consumers, websites, and between machines and computer programs. The latter are of significant interest as many different kinds of assets continue to be tokenized in blockchain environments and manipulated via smart contracts.