2017 was the year of the rise of financing via digital tokens (see chart below). While some initial coin offerings (ICOs) have been asset-backed (i.e. they are the equivalent of raising capital via more traditional means), the majority of ICOs have been for tokens backed by nothing more than the belief in an idea. This…
Enabling services: eID+
“eID+” is a secure, government trusted digital identity platform. At the core of the solution is a mobile app enabling citizens to create and manage their digital identities so they can access related online services. These include secure and convenient logins to websites using two-factor authentication as well as digital signing and secure storage of privacy sensitive documents.
Private keys on the users’ devices replace weak passwords and eliminate phishing risks. Inherence and knowledge factors can be added for multi-factor authentication.
Users no longer have to fill out forms. Instead, they can simply grant third parties access to their data using their eID+ one-click QR code functionality.
Users can have their identity attributes verified by accredited parties such as governmental or financial entities. Once these identity attributes are verified via a REST API, users can transact seamlessly with relying parties, such as other financial institutions or e-commerce websites.
Zurich / Schaffhausen, 4 December 2017 Procivis and the Canton of Schaffhausen have presented the pilot version of the Schaffhausen eID+ to the canton’s citizens today. The electronic identity solution is based on Procivis technology and can be downloaded by citizens of the Canton of Schaffhausen onto their iOS or Android mobile phones via…
Personal data is the commodity of the 21st century. Some even call it “the new asset class”. It is collected and traded every day, sometimes to the benefit of individuals — by virtue of targeted advertisements and free content — and every now and then to their disadvantage — when massive data centres are breached by hackers and when it…