Powered by blockchain

Authentys uses SHA 256 hash to securely store the document in the cloud and the user will be able to send access tokens to others. Tokens can set time limits/uses/expiration for that person to view the document.

Value drivers of Digital Ledger Technologies

The future is decentralization

The expansion of the gig economy

Decentralization of nearly every sector from information to labor to energy

Law of economics: Reduces costs, improves service

Hyper-localizes transactions and, in turn, power

Why decentralization matters

Eliminates the need for payment processors

Transfers power and control from large entities to a broader network

Reduces transaction cost

No one entity holds the data

The self-sovereign life

The cryptocosm created by joining blockchain technology to cryptography is powerful. Its core architecture makes security a property of the system––not an afterthought.

Allowing people to control their own identities and their own security––rather than relying on an unvested third party––shifts power to the user.

The Future

Decentralized Digital Identity

Authentys is currently in discussions with Microsoft to incorporate a digital identity platform into the Authentys solution.

As the DID technology advances, Authentys will incorporate decentralized identity, biometrics, verifiable credentials, identity hubs and zero-knowledge proofs.

Decentralized Identifiers (DIDs)

Are a new type of identifier for verifiable, "self-sovereign" digital identity that reside on a blockchain.

Allows users to create unique digital identities that they personally own and control – independent from any centralized registry, identity provider, or certificate authority.

Eliminate the need for users to create any user id and password, eliminating the hacking issue.

Are linked to decentralized public keys and paired with the user’s encrypted personal datastores.

Do not use any personally identifiable information (PII) as part of the DID.

Provide a secure, anonymous, private, portable and non-correlatable digital identity for users.

Technology