The number one concern for businesses, organizations and even individuals today is the protection of their private data from theft or misuse. One promising solution is a digital license that can’t be skimmed, lost, stolen or misused.
Now imagine an entire digital community that is trusted and safe allowing individuals and organizations to share information freely without worry. That opportunity is provided through TrustGrid. TrustGrid’s digital ecosystem allows people to enrol in trusted commercial or governmental services.
TrustGrid allows for trusted, privacy preserved transactions which are verified and executed with a full audit trail in near real-time, within a simple-to-use identity workflow builder, applied blockchain-based consortium and contract framework.
For example, organizations can use TrustGrid to provide Know Your Customer capabilities, which are used by financial institutions to verify account holder identity, while preserving privacy of people’s data and providing them with full control of their personal information. Also manage admissions by education institutions or licenses issued by government agencies, while allowing people to explicitly consent to their data disclosures.
The simple and easy-to-use identity workflow builder acts as the core integration function of the system, allowing you to build and integrate trusted digital identify services in real time. This is true data security everyone is looking for.
Decentralized Trust For Service Delivery At The Edge
TrustGrid™ Decentralized Ecosystem enables service providers to reach their customers directly without a middle man. With TrustGrid™ service providers own the relationship with the end user and have full control over how services are delivered.
DeGrid is a software defined decentralized transactional ecosystem that leverages blockchain and blockchain cryptography for immutable transactions. DeGrid supports W3C Decentralized Identifiers (DIDs) and W3C Verifiable Credentials (VCs) , which gives end users full control of their identity.
vrtYou is a user agent (mobile app or dApp) which enables end users to participate in decentralized transactions with simplicity and digital agency. vrtYou leverages hardware root of trust on user devices and anchors end users identity to the secure hardware in the users device, enabling the user to sign with a noncustodial hardware protected key.
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A consortium-enabled network allows all involved parties to organize their business logic according to the roles and responsibilities of the participants, with the distributed ledger technology providing utility for distributed privacy-reserved transactions.
A consortium is invite-only, which means not everyone can join, only a predetermined group of enterprises. It operates under the governance of the participants. It has a multi-party consensus, which means consortium members verify all operations.
Robust Digital Identity Solution
Software As A Service Delivery Model – Deploy Your Own Digital Identity Network Now
TrustGrid™ supports multiple use cases (solutions) which can be implemented onto the same platform and managed by the same consortium of members. The use cases are implemented as identity workflows and can re-use the existing identity data to create new verification and proofing scenarios.
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