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SICPA-NANOBRICK

Internet Identity Building the missing link

SICPA becomes founding steward of SOVRIN network

Managing and verifying identities is one of the greatest challenges of the digital age.

 

SICPA brings seventy years of commitment to enabling trust, into a groundbreaking, non-profit and independent initiative to build and secure digital identities.

SICPA has been unanimously approved by the Sovrin Board of Trustees to become Founding Steward of the open source, non-profit self-sovereign identity (SSI) network mandated by the Sovrin Foundation. SICPA has a long standing commitment to enabling trust and is proud to contribute its knowledge and expertise to this first public utility network serving today’s evolving and urgent needs for identification and authentication.

 

Managing and verifying identities is one of the greatest challenges of the digital age. The online landscape is fragmented and users create a separate identity for each online service they use. This forces service providers to invest in costly security solutions to protect user integrity. Sovrin, a global public utility governed by the Foundation’s strict constitutional Trust Framework, aims to simplify this by using a distributed ledger technology to build the missing link in the internet identity chain.

« Thanks to the Sovrin SSI network, we are working on some exciting new projects for document authentication which will dramatically reduce processing time for administrative documents. » Bart Suichies, Program Manager at SICPA’s Digital Lab

“This is applicable to countries and systems, big and small. We aim to provide a secure and independent space that links governments directly to its citizens.”

 

Through Sovrin, SICPA is investing in and contributing to the development of the notion of an identity for all, independent of its form – digital or physical. Working with the Sovrin network aligns with SICPA’s strategy to deliver solutions which reflect the shifting needs and uses of identity and protect privacy across the full range of digital services. Through this first self-sovereign identity network, Sovrin will enable the creation of digital identities that are secure, private, permanent and usable across the digital landscape.

As a founding partner and steward of Sovrin, SICPA is joining forces with other leading actors to contribute to identity integrity and strengthen trust around the globe. SICPA will provide hardware, technical and human resources to run one of the network’s global interconnected nodes.

About Sovrin

The international, non-profit Sovrin Foundation is governed by a constitutional Trust Framework that ensures its independence from government or industry influence and codifies its dedication to providing self-sovereign digital identity for all. The Sovrin network is operated by independent stewards and uses the power of a hybrid distributed ledger as a fast, private and secure framework for providing every person, organization, and connected device a permanent identity with which to transact online and operate securely in everyday life. Learn more about the Trust Framework underlying the Sovrin network here.

 

For additional information about the Sovrin Foundation, please contact Judd Bagley, judd.bagley@sovrin.org

 

About SICPA

SICPA is a leading global provider of secured authentication, identification and traceability solutions and services. Founded in 1927 and headquartered in Lausanne, Switzerland, SICPA is a long-trusted advisor to governments, central banks, high-security printers, and industry. With high-technology security inks at the core of its expertise, the company protects the majority of the world’s banknotes, security and value documents from the threats of counterfeiting and fraud.

 

As a leader in key security businesses, SICPA combines ink-based features with sophisticated identification and verification systems to offer fully integrated solutions designed for effective passport protection, control and data management at border crossings.

SICPA also integrates ink-based covert features and sophisticated traceability technologies to offer solutions and services to governments and industry, ensuring product authentication, traceability and protection as well as tax reconciliation.
Operating on five continents, SICPA is a global company providing technologies and services to most nations worldwide.

 

For additional information about SICPA’s role as a Sovrin Founding Trustee, please contact us at SICPAMediaRelations@SICPA.Com