October 22, 2020
Provo, UT, Oct. 22, 2020—The Sovrin Foundation, an international nonprofit providing secure and privacy-enhancing digital identity for all, is pleased to announce ID Crypt Global as the newest Steward of the Sovrin Network.
ID Crypt Global is a digital identity platform that empowers people and businesses to take control of their personal data. Through the platform, one can issue and verify digital identities that businesses can depend on for accuracy, KYC, sanction screening, AML, fraud detection and PEP identification, while always protecting the privacy of the identity owner. The company aims to provide verifiable credentials that can be trusted by highly regulated industries, helping enterprises meet regulatory and compliance needs.
“We are really delighted to welcome another UK-based Steward of the Sovrin Network,” said Nicky Hickman, Trustee of the Sovrin Foundation. “Not only is ID Crypt Global led by a female entrepreneur, it is also a great example of fintech innovation leveraging self-sovereign identity for enhanced security, privacy and compliance.”
ID Crypt Global is uniquely positioned to champion Sovrin Network adoption due to the teams in-depth experiences within heavily regulated industries including the financial services sector.
“We believe the need for digital identities that can be trusted by all industries—including those that are highly regulated such as financial services—is a key step forward in building the internet of value. With true digital identities, we can empower the next generation of user experiences within those industries,” said Lauren Wilson-Smith, CEO of ID Crypt Global. “Building trust takes a massive community effort, something the Sovrin Foundation has been championing for many years. We are excited to be an integral part of the community, ensuring that we can all trust the infrastructure in which self-sovereign identity depends upon.”
ID Crypt joins more than 75 organizations around the world that commit computing power and resources to the Sovrin Network. To see the complete list of Sovrin Stewards and the rest of the Sovrin Foundation members, please visit https://sovrin.org/membership/.
If your organization is interested in becoming a Sovrin Steward, please go to https://sovrin.org/join-sovrin/ and fill in the online form (Note: On that form, where it says “Please select the type of Membership you are interested in discussing”, please select “Organization Membership – Steward” before submitting.)
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About the Sovrin Foundation
The Sovrin Foundation is a nonprofit organization established to administer the Governance Framework governing the Sovrin Network, a decentralized global public network enabling self-sovereign identity on the internet. The Sovrin Foundation is an independent organization that is responsible for ensuring the Sovrin identity system is public and globally accessible.
About ID Crypt Global
ID Crypt Global is revolutionizing the way in which individuals and organisations think of identity and identity services. Bringing digital identity and related services to the most challenging areas including health and financial services, ID Crypt Global is providing trust, security and the next gen user experiences to the internet of value.
Through ID Crypt Global identities and enterprise services, organisations can identify and authenticate entities, issue credentials, remove GDPR challenges and if regulated, meet risk and compliance obligations. To see how digital identity and ID Crypt Global can help your business talk to us at https://www.idcrypt.global/about.html#contact.
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