FB pixel

4i Digital integrates verifiable credentials from Dock Labs

Faster interactions allow high-trust sectors to build decentralized ecosystems
4i Digital integrates verifiable credentials from Dock Labs
 

Latin American ID verification and biometrics provider 4i Digital has announced the integration of verifiable credential technology from Dock Labs. A post on the company blog says the move aims to reduce onboarding friction, drop-offs and costs, through secure, reusable verified identity data for clients in Latin America and around the world.

In allowing clients to issue portable digital credentials, 4i Digital is keeping in step with a global shift from one-time identity verification to reusable digital ID. Dock Labs has made it a key mission to promote understanding of the World Wide Web Consortium (W3C) Verifiable Credentials Data Model 1.0 standard, which outlines “a standard way to express credentials on the Web in a way that is cryptographically secure, privacy-respecting, and machine-verifiable.”

Dario Fainsod, 4i Digital’s director and vice president, says “we envision a world where individuals are the sovereign holders of their own identity – empowered to share it securely, seamlessly and selectively through reusable verifiable credentials.” He believes the paradigm shift isn’t just about convenience: “it’s about building a resilient foundation to address the evolving challenges of the digital era: mitigating identity fraud and preserving data privacy at scale.”

Dock Labs’ verifiable credential platform, Truvera, supports biometric-bound credentials, which are cryptographically tied to a user’s unique biometrics and can be stored in a secure ID wallet. Per the release, by combining this capability with 4i’s biometric technology, organizations in high-trust industries can ensure that only the rightful owner of a credential can present and use it, verifying both the credential and the holder.

The capability to instantly verify credentials enables faster and more secure digital interactions, and 4i Digital says that unlocks “a powerful network effect: as more companies participate, it becomes easier for users to onboard and transact, resulting in reduced drop-offs, greater operational efficiency, and increased revenue opportunities.”

Nick Lambert, Dock Labs’ CEO, applauds 4i Digital for “taking a leadership role in bringing this shift to Latin America.”

“As more organizations worldwide look to reduce onboarding friction and improve customer experiences, reusable digital identity is becoming a strategic advantage. We’re proud to support 4i Digital in building secure, interoperable ID ecosystems that benefit both businesses and their users.”

Related Posts

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News

 

OOTS can provide EU Digital Identity Wallets’ shortcut to secure data exchange

The European Union’s Digital Identity Wallet project that promises to make transactions between people and businesses in different member states…

 

Indonesia digital transformation gets boost from UNDP, National Economic Council

In Indonesia, the National Economic Council (DEN) and the United Nations Development Programme (UNDP) Indonesia have signed a Statement of…

 

Here comes the age check: BU Podcast talks age assurance with AVPA’s Iain Corby

 Like it or not, age assurance is going mainstream. As regulators in the UK and Europe begin enforcing new…

 

Keyless’ ‘Zero-Knowledge Biometrics’ enable crypto wallet to meet MFA requirements

Swiss-licensed crypto wallet Relai has integrated biometric authentication from Keyless for logins, account recovery and account deletion. Keyless’ privacy-preserving authentication…

 

CBP biometric expansion at US borders moves ahead with new global entry plans

As the Trump administration doubles down on biometric surveillance at U.S. borders, Customs and Border Protection (CBP) is preparing for…

 

New Oloid privacy architecture to protect enterprise biometrics unveiled

Many enterprises scrambling to adopt biometrics to defend against fraud are struggling to ensure regulatory compliance and the trust of…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events