WISeKey joins Blockchain Research Institute for UID system

Wednesday 31 October 2018 13:04 CET | News

WISeKey International Holding has joined the Blockchain Research Institute`s special category of members dedicated to push blockchain technology forward.

In 2017, WISeKey, a pioneer in digital identification and blockchain, announced its plan to create CertifyID, a digital identity blockchain platform in line with the UN Sustainable Development Goals. This aims to provide every person with a Legal Digital Identity by 2030.

CertifyID integrates digital identity with blockchain technology. The platform acts as a digital identity dual factor authentication-based technology that sits on top of a blockchain. It is constantly growing as new Identity blocks are added to it with a set of recordings. Moreover, each CertifyID Identity node receives a copy of the Identity CertifyID blockchain, and is downloaded automatically upon joining the Identity CertifyID network.

The system is totally decentralised and can be operated at national or local levels using a distributed identity ledger run by parties spread across the Blockchain.

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Keywords: WISeKey, UID, blockchain, UID system, digital identity, authentication, decentralised system
Countries: World