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Authentication and identity are the most critical service in our digital lives. Multiple studies show that the vast majority of people feel their information is not secure online. Billions of personally identifiable information (PII) records exposed through hacks, breaches and corporate abuse, has shaken customer confidence, and has driven governments to step in to legislate the adoption of regulation. This has forced companies to comply with increased privacy protection rights for customers.
LoginID’s vision is to be the global leader in protecting customer identity, providing users secure control over personal information through a compliant decentralized network.
LoginID provides the most advanced biometric, multi-device authentication and identity system built with leading standards and regulatory compliance. The solution solves privacy and compliance issues through three key pillars:
Secure hardware and biometrics are used to authenticate and authorize the customer using FIDO/W3C standards
a patent-pending cryptographic way (Secure Data Diffusion protocol) forsecuring and tokenizing a customer’s personally identifiable information (PII) across a decentralized blockchain network
a turn key solution that will provide compliance under General Data Protection Rights (GDPR) regulations in Europe and the California Consumer Privacy Act (CCPA) legislation effective January 1, 2020.