Thursday, 09 June 2022 11:10 AM
Partnerships
The strategic partnership combines Nuggets' self-sovereign ID with iProov's biometric face verification, enhancing user privacy and security
LONDON, UK / ACCESSWIRE / June 9, 2022 / Nuggets, a verified self-sovereign digital identity and payment platform today announces a partnership with iProov, a world leader in biometric face authentication technology.
Nuggets has integrated with iProov's Genuine Presence Assurance® and Liveness Assurance™ technology to ensure compatibility with Self-Sovereign principles and open standards, including W3C Verifiable Credentials (VCs) and Decentralized Identifiers (DIDs).
The integration enables users to own and control their biometric template, which can then be used to authenticate transactions using iProov in a private and secure manner. Nuggets have implemented iProov's technology in conjunction with its own NFC Passport onboarding and re-verification to enable truly trusted transactions.
This extra step ensures that the user behind an identity is always who it should be, above and beyond the device biometrics. iProov's Genuine Presence Assurance and Liveness Assurance technologies enable organizations to verify that an online user is the right person and a real person.
In doing so, Nuggets protects users and businesses by preventing stolen or forged identities from being used for new account fraud and account takeover fraud. iProov's award-winning technology is device and platform agnostic, working across any computer, tablet, or cellphone with a user-facing camera.
Driven by emerging regulations such as Europe's eIDAS 2.0 for Self-Sovereign Identity (SSI), the collaboration looks to service the global demand for robust, empowering digital identity services. Increasingly, consumer needs are moving towards self-sovereign, user-controlled digital identities that are reusable, interoperable, decentralized, and powered by blockchain technology.
There is also a clear demand for such services from direct digital attestation end-users - such as passport offices and driver and vehicle licensing bodies in the US, EU, and UK. Along with other civil and private registration services, these organizations highlight the need for increased provision of private and secure digital identities combined with biometric verification across a host of Web2-centric end-user implementations.
Nuggets' platform-agnostic, non-custodial identity solution can service this demand, functioning as a reusable, interoperable Self-Sovereign ID (SSI) with a merit-based digital user reputation that travels with the user across Web 2.0, Web3, and Metaverse applications. Nuggets enables trusted transactions, with verified digital identities for every transaction.
Alastair Johnson, co-founder and CEO of Nuggets, said: "With services increasingly operating within a virtual environment, the need for a reusable and interoperable self-sovereign identity has never been greater. By combining Nuggets and iProov in a Self-Sovereign manner, we enable a high level of biometric verification that is now owned and controlled by the user for the first time. This will bring a new level of privacy, security, and confidence to both users and businesses in markets requiring eIDAS 2.0 (EU), GPG45 (UK), and NIST (USA) in the future."
Andrew Bud, Founder and CEO of iProov, said: "We are delighted that iProov's face biometric verification and authentication technologies have been chosen by Nuggets. It is vital that only the right person should ever be able to control and use their digital wallet, so that user-owned digital identity solutions can be trusted by users and by the organisations that rely on them. This will be of crucial importance as we approach eIDAS 2.0 and the implementation of digital wallets in the UK and throughout the European Union."
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For more information, please contact:
Cryptoland PR | http://cryptolandpr.com/
nuggets@cryptolandpr.com
About Nuggets
Nuggets is a multi-award-winning verified self-sovereign digital identity and payment platform that serves as the reusable, interoperable ID with a merit based reputation that travels with you, for Web 2.0, 3 and the Metaverse. Alongside offering proof for users of who they are, and what they can access, Nuggets also serves as a non-custodial cache for digital assets. The solution is available globally and trusted by major organizations.
For more information, please visit: https://nuggets.life/
About iProov
Launched in 2013, iProov is the world leader in online facial biometric authentication, working with governments, banks and other enterprises to securely verify customer identity. Used for effortless onboarding and authentication, customers include the U.S. Department of Homeland Security, the UK Home Office, the UK National Health Service (NHS), the Australian Taxation Office, GovTech Singapore, Rabobank, ING, and others. iProov's technologies include Liveness Assurance™ and Genuine Presence Assurance®, which ensures that an online customer is the right person, a real person, and is authenticating right now. This protects against spoof attacks from photos, videos, masks and digital injection attacks and the emerging threat of deepfakes. iProov was recognized as a Gartner Cool Vendor 2020 in Identity Access Management & Fraud Detection. For more information, please see www.iproov.com or follow us on LinkedIn or Twitter.
SOURCE: Nuggets