DIACC is very pleased to welcome Accenture. In this member spotlight, DIACC President Joni Brennan interviews Iliana Oris Valiente, Managing Director, Canada Innovation Strategy and Blockchain Lead and Christine Leong, Global Lead Blockchain and Biometrics, to hear their thoughts on digital ID and the great work that Accenture is doing in this space.
DIACC Spotlight on Accenture – YouTube
1.What is the mission and vision of ValidCert?
Our Mission is built on a foundation of Protection, Validation and Empowerment. The ValidCert Vision creates an Eco-System of Trust. Our Eco-System of Trust (1) Protects Digital Identity and Micro-Certificates (2) Provides Validation of Credentials by Government Approved Institutions (3) Empowers Life-Long Learning
2. Why is trustworthy digital identity critical for existing and emerging markets?
There is a global need for upskilling and reskilling which is creating a focus on shorter courses and micro-credentials. The approach to education and learning is changing and the technology has to focus on protecting and providing a forum for Digital Identity and Credentials to help bridge the skills gap. If individuals, globally, can safely and efficiently claim who they are and share validated micro-credentials in a protected environment, this will have a positive impact on streamlining the hiring and recruiting process which directly adds economic value. Reducing fraud, protecting rights and increasing transparency can increase efficiency for existing and emerging markets.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
In order for Digital Identity to be successful, governments globally need to collaborate on creating interoperability to ensure individuals are protected when information is being shared. Risks need to be focused on, which include cybersecurity threats and data breaches. Digital Identity can be directly connected to economic value with increased use of financial services, increased access to employment opportunities all resulting in reduced costs and time savings for resources. According to McKinsey & Company, a subset of key focus areas for Canada and governments globally include cost savings, reduced fraud, and improved labour productivity all impacting the economy. ValidCert addresses challenges associated with this transformation by focusing on the key focus areas. Our platform is low-cost focused on enhancing processes surrounding assigning micro-credentials, providing a platform for Students/Job Seekers that is supported by the Learning Institutions that 3rd parties, such as recruiters, are invited to review. We are protecting the identity of the Issuer, Assignee and the Viewer, who are all major players in our Trust Eco-System. This will assist in reducing fraud as well as ensure that individuals’ identities and credentials are validated to be a « fit » for the job they are seeking. This will save time and resources for hiring companies, whether private or public.
4. What role does Canada have to play as a leader in this space?
Canada has a very important role to play as a leader in digital identity and trust services. This includes developing, in collaboration with organizations and other countries, policies and frameworks to ensure acceptance of digital identities. Similar to a currency, Digital Identities need to have cross-border acceptance.
5. Why did your organization join the DIACC?
We joined DIACC because we have trust in the objectives and vision of DIACC and its’ members. DIACC is creating a collaborative community to share knowledge and information to create sustainable solutions for Canada and for other countries. As part of DIACC, we are fortunate to be a part of the SIG (special interest group) for Digital Credentials which is validating the ValidCert Mission and Vision. We are not only learning but sharing our technology, research and experiences in order to move the Digital ID Dial forward.
6. What else should we know about your organization?
We are utilizing the best of Private and Public Technology environments so institutions and individuals can decide what information they want to share. We are protecting the accomplishments of all existing and future users of the Valid-Cert Eco-System!
Sterling Backcheck a pour mission d’instaurer un climat de confiance et de sécurité dans lequel ses clients et leur personnel pourront prospérer. Dans un monde idéal, chacun devrait contrôler ses propres données d’identification vérifiées et être en mesure d’y accéder facilement.
2. Pourquoi est-il essentiel pour les marchés existants et les marchés en émergence d’avoir accès à des méthodes d’identification numérique dignes de confiance ?
De nos jours, de nombreux aspects de notre vie personnelle et professionnelle sont répertoriés en format numérique. Forcés de nous fier à la technologie pour traiter nos données confidentielles, nous risquons de subir des préjudices considérables lorsque des erreurs se produisent. L’identification numérique offre une protection cruciale contre le vol d’identité et ses graves répercussions. Catalyseur essentiel de l’économie numérique, elle ouvre la voie à un avenir numérique plus sûr.
3. Quelle transformation l’identification numérique opérera-t-elle sur l’économie canadienne et l’économie mondiale ? Comment relèverez-vous les défis liés à cette transformation ?
Selon la Banque mondiale, environ un milliard de personnes ne disposent d’aucune preuve d’identité officielle. D’autres millions possèdent des preuves d’identité qu’il est difficile d’authentifier, ce qui les prive de certains débouchés économiques. La société mère de Sterling Backcheck, Sterling, s’est mise à l’œuvre pour créer un portefeuille numérique qui combattra les problèmes liés à l’identification tout autour du monde. Par sa participation au CCIAN, Sterling Backcheck espère offrir une plateforme à des solutions fiables de vérification d’identité..
4. Qu’est-ce qui fait du Canada l’un des chefs de file du secteur de l’identification numérique et de l’authentification?
Le Canada a toujours été l’un des pionniers de l’identification. Une vérification d’identité doit être effectuée préalablement à la vérification des antécédents au Canada, ce qui n’est pas le cas dans beaucoup d’autres pays. Le Canada met également l’accent sur la protection et le stockage des données. Grâce à ces principes, il est bien placé pour mener les débats sur les services d’identification numérique.
5. Pourquoi avez-vous décidé de vous joindre au CCIAN ?
Selon nous, la vérification d’identité numérique ne devrait se dérouler qu’une seule fois et le résultat de l’authentification ne devrait être communiqué que lorsque nécessaire, conformément au principe de proportionnalité. Les personnes physiques et morales devraient toutes être en mesure de profiter des avantages de l’identification numérique. Bien que la technologie ait introduit de nouvelles possibilités d’amélioration dans ce domaine, nous avons également observé chez certains une tendance à négliger les bonnes pratiques en matière de vérification de l’identité. Le CCIAN nous semble un excellent mécanisme pour véhiculer ces pratiques, que nous espérons promouvoir à ses côtés..
6. Y a-t-il autre chose que l’on devrait savoir à propos de votre firme?
Sterling Backcheck est l’un des précurseurs de la vérification des antécédents, ayant révolutionné l’industrie par sa plateforme en ligne, eConsent, qui recueille le consentement des candidats avant de vérifier leurs antécédents. Son approche proactive, axée sur la collaboration, lui permet de travailler de concert avec les autorités fédérales chargées de réglementer ses activités pour offrir des solutions de vérification des antécédents sûres et sécurisées. Sterling Backcheck effectue annuellement plus d’un million de vérifications de casier judiciaire pour le compte de milliers d’employeurs. Toujours à la poursuite de l’innovation, Sterling Backcheck a continué de raffiner ses méthodes au fil des années pour offrir un service de qualité supérieure à ses clients.
1.What is the mission and vision of Yubico?
Yubico was founded in Sweden with the mission to protect all internet citizens, making secure login easy and available to everyone.
2. Why is trustworthy digital identity critical for existing and emerging markets?
Stolen credentials are the number #1 online security risk for individuals and companies. Breaches cause severe financial, brand, and personal impact. It’s critical that people, and organizations, have access to solutions for all their different requirements.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
Digital identity is critical for citizens, governments, and the private sector. As our lives move more and more online…our ability to identify ourselves in a secure, easy way will be key in order to access government systems, banking, and interact with goods and services providers.
4. What role does Canada have to play as a leader in this space?
Canada has the opportunity to be a world leader in the digital identity space. Our emergence as a highly desirable destination for up and coming tech companies, along with the coinciding tech talent, places Canada in a unique position. In order to capitalize on Canada’s emergence, it will require a strong partnership between the private and public sector to help enable citizens, clients, and employees to have a safe online experience. Organizations like the DIACC are paramount in bringing together the key stakeholders to help achieve this shared goal that will truly benefit every Canadian.
5. Why did your organization join the DIACC?
Yubico has been a leader and innovator in authentication space for over a decade. In 2020 they decided to put it’s first sales and technical resources in Canada due to the growing demand in our products. DIACC has a reputation of bringing together like minded organizations and people that share a vision of improved digital identity.
6. What else should we know about your organization?
Yubico pioneered the design of the first one-time password authenticator to work with a simple touch and with no client software, and we made it compatible with the open authentication standard OATH. We then further secured and simplified the PIV smart card standard by adding touch-to-sign and built-in attestation. Yubico collaborated with Google and Microsoft to co-create the FIDO Universal 2nd Factor (U2F) and FIDO2 open authentication standards. Our work has contributed to open identity standards organizations W3C, IETF, FIDO Alliance and OpenID.
1.What is the mission and vision of BlueShore Financial?
BlueShore Financial’s mission: “Passionately improving our clients’ financial well-being in an interconnected, digital world.”
2. Why is trustworthy digital identity critical for existing and emerging markets?
Trustworthy digital identity is critical to enable the continued development of a robust digital economy in Canada, and the potential direct and indirect benefits that come with it for all Canadians. Furthermore, lack of a common trusted digital identity approach could result in a patchwork of various digital ID schemes, which would not only cause confusion for Canadians (and thus much slower adoption), but also create easy targets for cyber criminals.
From a financial industry perspective, a trustworthy digital ID is a critical component to successfully implement Open Banking, one of the globally accepted key trends in banking.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
Two of the most populous countries in the world have established digital IDs: India with its government issued Unique ID (UID) number—or Aadhaar—identity program, and China with its digital identify provided by Ant Financial. These two countries are most populous with emerging economies. To remain a global player, Canada has to be able to compete with the likes of India and China when it comes to technology-savviness
Several other countries now have national digital identify programs and while these programs may not be perfect, they are evolving – Canada needs to do the same. Canada needs to start with a digital identity program, and then use an agile and iterative approach to evolve and keep up with new technologies as well as consumer needs and demands. Since Canada is somewhat late to the game, Canada can learn from the experience of other countries in both technology implementations and consumer rollout, which I know DIACC and its members from across the spectrum of government, finance, healthcare, telco, retail, auditors, etc., are discussing and working through DIACC Pan-Canadian Trusted Framework approach.
BlueShore addresses the challenges in two ways:
I. Internally we see digital identity as a core component of our digital transformation journey.
II. Broadly, digital identity is part of our conversations from Open Banking, to Payments Modernization to Data Privacy. We also work closely and in a “spirit of partnership” with our core technology partners.
4. What role does Canada have to play as a leader in this space?
Canada has a role to play as a G7 member to show digital leadership with respect to developing and launching a national digital identity program. Not only would this provide opportunities for Canadian businesses, but it would also demonstrate a model of how government and industries are able to work together to provide a key digital tool for Canadian consumers.
5. Why did your organization join the DIACC?
BlueShore saw the work DIACC and its members were doing defining, creating and building a national digital identity framework. It was this framework approach that attracted our attention to bolster our digital transformation work.
6. What else should we know about your organization?
BlueShore Financial is a boutique financial institution providing a full range of personal and business banking, wealth management, insurance and commercial lending solutions. With a branch network located across the Vancouver Lower Mainland and Sea-to-Sky Corridor, BlueShore Financial helps clients achieve financial wellness® through personalized solutions and expert advice, delivered in a unique Financial Spa® branch environment. BlueShore Financial manages over $6.5 billion in Assets Under Administration and is consistently ranked among the top 20 financial planning firms in Metro Vancouver.
BlueShore Financial is an Imagine Canada Caring Company, contributing at least 1% of pre-tax profits annually to charities and not-for-profit organizations within the communities it serves. BlueShore Financial is the operating name of BlueShore Financial Credit Union.
1.What is the mission and vision of one37 Solutions?
Our mission is to unlock the potential of the universal identity with privacy, security and trust, one experience at time.
Our vision is to deliver unparalleled personalized user experience built on decentralized secure identity platform.
2. Why is trustworthy digital identity critical for existing and emerging markets?
The economic costs of the fragmented identity systems across various channels and businesses, the weak identity systems resulting in identity theft, SIM swaps and account takeovers, and increased corporate liability due to data breaches and regulatory non-compliance are skyrocketing and taxing in both existing and emerging markets.
The implementation of trustworthy digital identity systems will have exponential effects on the market growth and efficiency by streamlining and simplifying daily processes between citizens, governments and service providers in existing markets looking for efficiency and in emerging markets looking to close their digital gap and gaining security and speed of implementation.
At the onset, the rollout of decentralized identity systems seems both timely and significant. However, considering the various challenges that the global industries such as travel and healthcare have been currently facing in the form of security threats, adherence to health norms or regulatory compliances, there is a digital race to incorporate all of the above through a single trust platform while also ensuring a truly seamless experience. Thus, to stay competitive and build customer loyalty, there needs to be a paradigm shift in the way new advancements in technologies can be incorporated to balance such rising risk and opportunity demands.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
A trusted digital identity will have a major impact on the Canadian and world economies by adding tremendous value to a country GDP. The speed of trust will have ripple effects on every aspect of the economy.
one37 provides a state-of-the-art, safe and secure decentralized identity platform for identity verification in verticals such as travel and health. We are working with our partners and service providers to improve the daily lives of citizens in various scenarios such as “Contactless & Touchless Travel” and facilitate the seamless interactions between travelers and service providers along their journey while ensuring user authenticity, data integrity, compliance and governance for all relevant stakeholders within an ecosystem.
4. What role does Canada have to play as a leader in this space?
Canada is the world leader in digital identity and the protection of privacy and personal information. By championing the implementation of a decentralized identity technology across the public and private sectors, Canada will provide the role model for the decentralized identity implementation across the world and foster unprecedented growth in the digital identity economy. Canada is in a unique position to shape the future of travel, healthcare, banking and governmental services with monumental implications on both the governmental and corporate sectors worldwide.
5. Why did your organization join the DIACC?
To participate in the on-going discussions and the valuable work that DIACC is spearheading in digital identity and the implementation of the PCTF and be able to add value, work with other companies and partners and contribute in return to the growth of the identity economy.
6. What else should we know about your organization?
Every one37 team member is a strong believer in the deep impact that the decentralized universal identity will have on improving the life of every Canadian and world citizen and we are committed to working with our partners to add tremendous value one experience at a time.
1.What is the mission and vision of Stonebridge Solutions?
Stonebridge’s primary objective is to establish new mechanisms for identification, privacy and security to enable legitimacy, establish trust between two unknown parties and prevent fraud before it happens.
Our next generation technologies anticipate evolving and growing threats to both consumers and merchants and are designed to prevent these risks and empower users to positively impact their security and privacy as they transact digitally.
Our vision is to reduce the economic impact of fraud by provisioning a secure & private ‘digital last mile’ for payment.
2. Why is trustworthy digital identity critical for existing and emerging markets?
The world is experiencing a social and economic shift at an unprecedented rate. This is driving the growth of new and more sophisticated threat models and legacy systems and technologies that are not easily adapted to address them creating a large gap being exploited by fraudsters and driving a an urgent need for a trusted digital identity.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
One of XUMI’s founding principles it that there is economic value creation through the prevention of fraud and the elimination of risks through the establishment of a trusted digital ID that can be legitimized at the point of interaction.
We also believe that the promotion of digitization in Canada coincident with a Pan-Canadian framework for digital identity will enable greater and more efficient access to banking, government benefits, education, health care and many essential services while facilitating the security of the digital footprint and this will strengthen Canada’s economy locally and its position globally.
4. What role does Canada have to play as a leader in this space?
Canada has a significant role to play as a leader in digital identity and trust. We have a demonstrated history of ‘locking arms together’ collaboratively to work towards the common good. When that is blended with best in class technology, banking, government, and healthcare through DIACC we can effect a change and establish a framework for success for others to model.
5. Why did your organization join the DIACC?
We joined DIACC because we understand and share the mission. We believe in the ‘root of trust’ being established and held by a trusted authority and have designed the last mile to extend this in a secure way to consumers and merchants. When we set out 4 years ago we believed that the road to global digital transformation was long, and then suddenly it wasn’t. Our technology is bigger than we are, and it has the ability to change the game, switch things up, have impact. We believe in the power of partnership and collaboration between great teams to solve extraordinary challenges. While working quietly away on our tech we’ve witnessed an unprecedented shift to digital in the last year, and alarming growth in the risks associated with it. We want to help, lend what ever we can to eliminate those risks and feel we can further that objective through DIACC.
6. What else should we know about your organization?
Stonebridge Solutions is a small, focused tech company located in Vancouver BC. Our objective of eliminating fraud began with the simple phrase « there has to be a simpler, more secure and easier way ».
We’ve spent 4 years devoting ourselves to eliminating the threat models associated with merchant payment, mobile wallets and mobile devices while designing innovative, intuitive and frictionless experiences for users, and a platform to support it under the brand name XUMI.
1.What is the mission and vision of IMDS?
Since the 1980s, we have been hearing about paper-free businesses and the drive to move toward a more digital workplace. Today, the approach to digitally transform businesses has shifted from a technology first perspective to a more business centric approach, with paper-free processes becoming a focal point and opportunity for many organizations.
In 1995, IMDS’ co-founders wrote the book The Advanced Document and described the following three areas: outbound documents, inbound documents and the lifecycle of documents. These three areas work together and in today’s world (whether it’s a document or a communication) this model still applies:
• Inbound documents – document capture and data extraction
• Outbound documents – customer communications management (CCM)
• Archiving – Enterprise Content Management (ECM)
With offices in Quebec, Montreal and Paris, the IMDS Research and Development centre is based in Montreal. This team works on automatic processing technologies linked to the document, and, more particularly on pattern recognition and classification methods, as well as, on facial recognition solutions using machine learning, deep learning and artificial intelligence.
2. Why is trustworthy digital identity critical for existing and emerging markets?
A strong digital identity is needed for businesses and administrations to create an accurate and complete view of the customer, allowing on-going conversations, a strong engagement; and personalized and relevant content. Transactions are growing in volume and complexity. Customers are now in the driver’s seat and they expect seamless, omni-channel service delivery.
But this approach needs to allow individuals to have complete control over their data identity.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
Digital identify needs to incorporate strong identification and authentication process.
The use of biometrics made a technological leap. Facial recognition is more and more widespread when accessing your mobile terminal or your computer. However, access to the mobile terminal often gives access without additional authentication to applications or services for which a first authentication has already been performed beforehand or which relies on an identification provider.
Access to a digital wallet requires a higher level of security, at least for certain important steps in account management (i.e., creation, request for a digital certificate, access to confidential information, etc.) IMDS addresses these challenges with a strong authentication approach that is based on multi-criteria authentication: i.e. Photo ID document verification, selfie, liveness, etc.
IMDS focuses on Identification and Authentication, processing photo identification documents, with the use of facial recognition and liveness detection.
4. What role does Canada have to play as a leader in this space?
Canada has an opportunity to be the leader in digital identity and trust services. Some of the best universities in the world, R&D companies, software vendors, consultants and experts are here in Canada.
DIACC and its members all experts in their own field are the proof that Canada will lead the way in this space.
5. Why did your organization join the DIACC?
The goal of many organizations is to provide a digital identity for citizens, supported by a digital wallet, to simplify and expand access to government services.
IMDS joined DIACC to collaborate with a group of experts, share and learn from other Canadian businesses, in order to participate in the creation of the Pan-Canadian Trust Framework.
6. What else should we know about your organization?
IMDS is the software vendor for AD’DOC Capture Pro. AD’DOC ™ Capture Pro is a state-of-the-art solution for character recognition, document data verification and facial recognition. Easy to learn, AD’DOC ™ Capture Pro will allow you to quickly design a document dematerialization workflow.
Thanks to its experience that was forged over 20 years in this field, and with more than 750 million documents scanned per year (and more than 20 billion characters recognized per year) AD’DOC ™ Capture Pro is a complete production solution that has proven itself in many industries (Banks, Administration, etc.).
1.What is the mission and vision of Everlink?
Vision – To be the leading provider of Comprehensive, Innovative and Integrated Payment Solutions and Services for credit unions, banks and SMEs in Canada.
Mission – CLIENT-CENTRICITY ABOVE ALL
• Continue to DIVERSIFY as a comprehensive, innovative and integrated Payment Solutions Provider, extending our core products and services and Expanding our Lines-of-Business, in alignment with a clear, understood and communicated Solution Roadmap.
• Continue to DIFFERENTIATE as a recognized Leader in the Payments Industry with Best-in-Class Performance, Innovative Solutions and Outstanding Client Service & Support.
• Continue to GROW through Expanded Market Focus, Joint-Ventures, Alliances and Partnerships.
2. Why is trustworthy digital identity critical for existing and emerging markets?
Since we live in a digitally connected world where digital interaction becomes the de facto mode of connection between 2 parties, it is essential that we have standards around how parties could identify themselves in a digital mode. This is beneficial to all markets and would become the cornerstone of the future digital economy. As digital identity becomes a norm globally, we become positioned for inclusive growth across all sectors and aspects of life.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
In the financial sector, identity is an important component that allows transactions to happen in a compliant fashion. An identity standard would help the global financial sector innovate much further in an accelerated manner.
Everlink is one of the largest payment services firms in Canada. A digital identity framework upon which Everlink can develop new payment solutions will allow us to offer better solutions to our clients who do business worldwide.
4. What role does Canada have to play as a leader in this space?
Canada is already playing a thought leader role through many collaborative initiatives between the public and private sector, like the DIACC initiative. The adoption of digital identity by federal and provincial governments is not only an impetus to the Canadian private sector but to the different industry verticals and governments across the world. It is vital that the Canadian government projects initiatives like DIACC as Canada’s identity success brand and offer the rest of the world the offer to assist them and or collaborate with other similar initiatives globally.
5. Why did your organization join the DIACC?
Identity is an integral part of the payment ecosystem. Everlink is in the business of providing innovative payment solutions to the Canadian financial service ecosystem. We want to be part of developing and incorporating the Pan-Canadian Trust Framework DIACC into the products and services we offer to our clients.
6. What else should we know about your organization?
Everlink’s 4 Cornerstones:
1. Client-Centricity
2. Operational Performance
3. Innovation
4. Strength
Everlink’s Guiding Principles:
• We are Client-Centric – Above all.
• We must Earn Our Clients’ Business every day – There is no such thing as “entitlement”.
• We get things DONE – Urgency.
• We do What We Say, When We Say; We get it Right the First Time – Quality.
• We are Focused on the Future – But respectful of the past.
About Everlink Payments Services Inc. – Everlink Payment Services Inc. is a leading provider of comprehensive, innovative and integrated payments solutions and services for credit unions, banks, and SMEs across Canada. In addition to supplying best‐in-breed technology infrastructure and payment network connectivity, we offer a comprehensive range of integrated payments Lines of Business including: Payment Network Gateway, ATM Managed Services, Card Issuance & Management, Fraud Management Solutions, Mobile Payments, Professional Services and SME Solutions.
Visit us at www.Everlink.ca
1.What is the mission and vision of Vaultie?
At Vaultie our mission is to allow physical people to both provide, and control, indisputable links to their digital documents (and other assets) while providing complete user control over their documents privacy. From legal documents to payments to driver’s licenses, we strive to let people stand beside their actions and intent. We do this by building secure, easy-to-use software based on verifiable credentials, blockchain, and ethical facial recognition. All of which have incredible power to enable this technology and together are creating the ability to provide a safer and more efficient future.
2. Why is trustworthy digital identity critical for existing and emerging markets?
A trustworthy digital identity is critical for existing and emerging markets because it breaks down barriers and allows business to be conducted regardless of location and economic circumstances. The ability to trust a person, despite not having them physically present is necessary to allow cross-border cooperation on business activities and this software facilitates this.
3. How will digital identity transform the Canadian and global economy? How does your organization address challenges associated with this transformation?
Digital identity will streamline the way Canadians access their most important services, from government services to banking, to legal documents. Most importantly, digital identity and authentication shift control of that information to the user which is more secure and protects their privacy.
Digital identities will become a critical compliance tool for many businesses, particularly banking, law, government services, and insurance by facilitating trust between the person and a “Verifier”. On the most relatable level, the trust that can be facilitated by digital identity enables Canadians to spend less time physically having to go somewhere to show credentials or sign documents and more time on their own projects or with their families.
4. What role does Canada have to play as a leader in this space?
Canada has already demonstrated its ability to lead the charge in digital identity and services. It has an educated user base who are demanding frictionless interactions with industries that seem to be willing to adopt them. DIACC plays a central role in bringing all of those players to the table and creating a unified landscape which we can use to facilitate digital identity standards across various industries. We’re thrilled to be joining the conversation on how to best make that a reality.
5. Why did your organization join the DIACC?
We think Verifiable Credentials and digital ID play an important role in shaping the way Canadians access their services and conduct business. There’s a lot of industries that need to collaborate in order to facilitate that reality. We joined DIACC to be part of that conversation, offer our expertise on Identity linked documents, and learn how we can facilitate the adoption of digital ID and authentication through conversations with other industry players.
6. What else should we know about your organization?
We’re a group of young energized technologists, with backgrounds in financial services and blockchain, and access to a coffee machine! We’re driven by allowing people to show transparency in their business dealings, while maintaining their privacy. Vaultie started off with a goal of creating a fraud-proof digital signature, which could show indisputable proof that a person, and not just their account, signed a document. We’re really proud of our Vaultie digital signature product, which can be verified and trusted by any third party the signatory chooses to share it with. We could not have dreamed about the opportunities that now exist with digital credentials and are excited to be working on the future of trustless interactions.
