Leading cybersecurity and IoT company WISeKey has unveiled a new platform that integrates digital identity with blockchain technology.
Dubbed “CertifyID”, the platform acts as a digital-ID dual factor authentication based technology that sits on top of a blockchain. The system is totally decentralized and can be operated at national or local level using a distributed identity ledger run by trusted parties spread across the blockchain.
New blocks are constantly added to the “CertifyID Blockchain” with a new set of recordings. Each CertifyID node gets a copy of the CertifyID BlockChain and gets downloaded automatically upon joining the CertifyID network.
According to the official release, CertifyID BlockChain also works with mobiles via the WISeID app allowing users to keep their digital identity and passwords in an encrypted vault, which can be unlocked only with the user's Master Password and/or defined pattern. Additional protection provided through facial recognition authentication and connecting via the BlockChain with existing record-keeping systems of commercial and public entities through blockchain, allowing users to access to their personal information wherever they are. Using cloud storage, the vault safely synchronizes data between computers and devices on multiple platforms.
CertifyID acts as a digital watermark which can be assigned to every online transaction of any asset. It integrates state-of-the-art technologies related to digital identity and blockchain which are in line with the United Nations' Sustainable Development Goals aiming to provide every person with a solid and tamper-proof digital identity based on common, interoperable standards by 2030.
WISeKey said that it is already implementing this project in several countries. This includes the recently announced partnership with the Government of Andhra Pradesh, the seventh largest state in India, which seeks to secure government-recorded data and enhance the security of citizen’s identity using the WISeKey blockchain technology.
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