Recruit Strategic Partners has exited the identity management platform developer in a purchase by Ping Identity.

Identity management software provider Ping Identity has acquired ShoCard, the US-based creator of a blockchain-equipped identity verification platform, for an undisclosed amount providing an exit to corporate venturing backer Recruit.

ShoCard uses mobile devices as a personal identity vault, and through integration with the Ping Intelligent Identity Platform, which secures more than 2 billion accounts, will be able to share that information using facial or fingerprint biometrics.

Recruit Strategic Partners, the corporate venturing arm of human resources firm Recruit, was…

James Mawson

James Mawson is founder and chief executive of Global Venturing.