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Use Cases

Metaverse & Identity

Introduction The Metaverse is a concept that has been around for many years but has recently gained significant attention due to its potential to revolutionize the way we live, work, and interact with each other. According to recent estimates, the potential market for digital identity in the metaverse is valued at USD 600 billion, with …

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Business
Government

eID in Europe, Switzerland and Germany

In an increasingly digitized world, electronic identification, or eID, is becoming more and more important. More and more governments, companies and organizations are turning to digital identity verification to enable secure and efficient online transactions. The eID is a system that allows users to verify their identity online. In the following, we will describe the …

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Business
Use Cases

NFT vs. VC

Increasing digitization affects all areas of life, including our own identity. In the digital world, our identity is represented by a collection of information stored in various databases and servers. However, the current centralized identity system has several drawbacks, including privacy issues and security concerns. This has led to the emergence of decentralized identity solutions …

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Business
Products

SSI Trust Triangle

According to a report by the Association of Certified Fraud Examiners (ACFE), companies face a significant threat from fraud. The report states that fraud costs organizations a median loss of $117,000 per case and takes an average of 12 months to detect (Source: ACFE). Thus, Self-Sovereign Identity (SSI) as a concept has been gaining momentum …

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Business
Use Cases

What do SSI and SSO actually have to do with each other?

Many people today use single sign-on (SSO) when logging in to a web service. Users then have the option of using an existing login to gain access to another digital service. New services can then be accessed without having to create a new login or password. Ultimately, this makes it easier to access a new …

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Business
Products

What was SSI again exactly?

The digitalisation of society makes life easier in many respects, but also reveals all kinds of problems. Data protection concerns in particular have been raised again and again by experts in recent years. At the centre of the criticism is the handling of personal data and the lack of control for internet users over which …

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