Toronto-based SecureKey, which develops authentication and identity solutions for online consumer service companies, announced it is joining the Decentralized Identity Foundation (DIF) to continue establishing standards for decentralized digital identity networks.
SecureKey said as a member of the DIF, it will explore the interoperability between Verified.Me — its blockchain-based digital identity network built upon Hyperledger Fabric — and Hyperledger Indy-based identity projects. According to its website, Hyperledger Indy “provides tools, libraries, and reusable components for creating and using independent digital identities rooted on blockchains… so that they are interoperable across administrative domains, applications, and any other ‘silo.'”
Specifically, SecureKey will explore integration points and projects between digital identity-focused platforms. Verified.Me allows users to consent to sharing their digital identity attributes and gain access to various online services.
“Today’s digital identity systems are broken, and we at SecureKey firmly believe that companies building digital identity solutions have a responsibility to work collaboratively in developing holistic products and standards that benefit all users,” said Greg Wolfond, founder and CEO at SecureKey. “This represents an important step in leveraging the best of the mature offering we have built with Verified.Me on Hyperledger Fabric 1.1+ and extending our expertise to both the Hyperledger Indy Project and the DIF to establish firm digital identity network standards for the next generation.”
SecureKey raised $27 million in funding in October 2016.
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