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Identity theft may soon be a thing of the past, because we are now entering a new era of innovation. An era in which individuals retain control and sovereignty over their own data, not companies or institutions.
Talao, a blockchain-based digital identity expert, is a Paris-based startup company that specializes in autonomous identity solutions and blockchain-based solutions. It is the first developer of autonomous identity smart phone wallets in France. The company just announced a new identity wallet for all mobile users in Europe.
This secure and innovative wallet supports 5 languages, enabling European citizens to manage their digital identities on their own without having to rely on third-party providers such as platforms or institutions. Talao SSI Wallet is the first app available Apple with Google The store establishes the person’s identity in the format of the Tezos network.
Thierry Thevenet, Chief Operating Officer of Talao, explained: “In an era when platforms have too much data, we are happy to provide a fully functional SSI wallet for the European ecosystem. It is a core component of the upcoming Web3 movement. In just two years During the year, W3C and DIF defined high-level concepts and agreements that will stand out. In turn, we designed our SSI to meet these agreements and leave room for adaptation and development with future changes.”
So, what are the benefits of this wallet?
With the Talao SSI wallet, only citizens can decrypt their data. They themselves decide who to share data with and what data to share. SSI smart phone wallet is suitable for the European market. The wallet configuration takes into account the specifications proposed by the EU Technical and Regulatory Working Group and follows the recommendations of the European Commission. European Autonomous Identity Framework (ESSIF). SSI It has received strong support and is being designed by the European Commission as the preferred digital identity model.
The Privacy-by-Design solution will allow citizens to share their data the way they want. All data and credentials are encrypted and free from third party interference. But companies and employees will also benefit from frictionless onboarding and identity verification, because no password is required, which will reduce the risk of data theft and use to disrupt access to corporate or talent assets. Finally, platforms will reduce fraud because they no longer need to collect sensitive user data.
There are many advantages to using Identity Tezos Blockchain As an infrastructure to protect autonomous data: open governance, military-grade security, formal verification to improve audibility, and consensus mechanisms-all of which make Tezos byte-to-byte one of the most energy-efficient blockchains in the world.
#blockchain #crypto, #decentralized, #distributed, #ledger
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