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SolidX Partners introduces blockchain-based identity solution called Vida

SolidX Partners Inc., a blockchain-based software solutions company has announced the launch of blockchain based first of its kind full-stack identity solution – Vida.

According to the official release, Vida platform provides one identity across numerous applications. It streamlines permissioned access to data without access mechanisms that are shared-secret based. Enterprises will receive robust identity management capabilities with the help of Vida platform, without the need to hold personal identifying information.

"Vida represents a first of its kind enterprise-grade identity platform using public key infrastructure and built on blockchain technology,” CEO of SolidX Partners, Daniel H. Gallancy said.

The solution leverages the distributed ledger technology and decentralizes risk, enabling secure recordkeeping. Vida not only increases corporate security but also simultaneously empowers users with greater control over establishment, usage and protection of their personal identifying information across platforms.

“Vida's use of the blockchain enables a level of security not possible in the past. We look forward to supporting enterprises in improving security and eliminating the liabilities associated with centralized recordkeeping. Vida's blockchain-based identity system creates value for enterprises, customers and employees without compromising privacy or control of personally identifying information," Gallancy added.

The Vida platform adds extra layer of security by leveraging a unique three-party verification methodology to eliminate the potential for man-in-the-middle attacks. Vida enables file fingerprinting and time-stamping, authentication, credential storage and verification, document signing and e-mail verification.

Apart from enterprises, Vida’s blockchain-based identity software also helps consumers by allowing users to have full control over establishment, usage and protection of PII across platforms and applications.

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