Digital Data Transformation with Decentralized Technology.
Fraud detection efficiency
Start verifying your credentials with Extrimian and secure your online reputation and identity.
Stay ahead of frauds and defend your identity and data with Blockchain and ZKP.
Discover robust Self-Sovereign Identity and Cybersecurity solutions to protect and optimise your business. Explore our Products, Learning, and Security Solutions.
Key Benefits of Self-Sovereign Identity (SSI) Technology:
- Enhanced Security: Our solutions strengthen data protection, mitigating the risk of unauthorised access and cyber attacks.
- More Efficient Operations: We automate and simplify processes, reducing costs and operation times.
- Assured Regulatory Compliance: We facilitate compliance with international regulations such as GDPR, improving trust and transparency.
- Superior User Experience: We offer secure and seamless digital interactions that increase user satisfaction and retention.
How Extrimian’s Solutions Address Key Identity, Data, and Compliance Challenges
a) Identity Verification
Extrimian leverages Self-Sovereign Identity (SSI) technology to provide robust identity verification solutions. By using decentralized identifiers (DIDs) and verifiable credentials (VCs), Extrimian enables users to prove their identity in a secure and privacy-preserving manner. This process reduces the risk of fraud and enhances user trust across digital interactions.
b) Non-Doc Verification
Non-documentary verification is crucial in environments where traditional documents are not readily available or reliable. Extrimian’s platform allows for the verification of individuals based on biometric data and cryptographic proofs, which do not rely on physical documents, thus broadening access to services and improving security.
c) Age Assurance
To ensure compliance with regulations that require age verification, Extrimian offers a solution that allows users to prove their age without disclosing their exact date of birth. This is achieved through zero-knowledge proofs (ZKPs), ensuring that only the necessary information is shared, thus preserving the user’s privacy.
d) Know Your Business (KYB)
Extrimian’s KYB solutions help organizations verify the business identities of their partners and clients. By using blockchain technology, Extrimian ensures that the business credentials are verified in a tamper-proof manner, enhancing trust and reducing the risk of business fraud.
e) Workforce Management
For workforce management, Extrimian provides tools that allow businesses to verify the credentials of their employees and contractors securely. This includes educational qualifications, professional certifications, and employment history, all stored and shared securely via Extrimian’s decentralized platform.
f) Anti-Money Laundering (AML) Compliance
AML compliance is critical for many sectors, particularly in finance. Extrimian’s solutions facilitate the collection, verification, and storage of customer data in compliance with AML regulations. The use of blockchain ensures that all customer data is recorded in an immutable ledger, making it easy to audit and trace, thus enhancing compliance and reducing risks associated with money laundering.
g) Authentication
Extrimian enhances authentication processes by integrating advanced biometric technologies and blockchain-based verification systems. This ensures that users are who they claim to be, providing a higher level of security for access to systems and data. The integration of SSI allows for reusable identity credentials, reducing the need for repeated verifications and streamlining the authentication processes across platforms.
SSI and Data Protection Standards at Extrimian
Extrimian utilizes Self-Sovereign Identity (SSI) technology to empower users by allowing them to own and control their personal data without depending on centralized authorities. This approach not only enhances user autonomy but also significantly improves data security and privacy. Extrimian adheres to rigorous standards to ensure the protection and verification of data:
- Decentralized Identifiers (DIDs): Extrimian employs DIDs, which are globally unique identifiers linked to verifiable digital identities that do not require centralized registration. This ensures that users can verify their identities independently, enhancing privacy and security.
- Verifiable Credentials (VCs): These are digital credentials that are tamper-proof and can be instantly verified online without revealing unnecessary personal information. VCs are used to prove qualifications, permissions, or memberships, all without the need for a central verifying party.
- W3C Standards: Extrimian strictly follows the standards set by the World Wide Web Consortium (W3C) for DIDs and VCs, ensuring interoperability, security, and compliance with global web standards.
Partnership with zkSync
To further secure data on the blockchain, Extrimian has partnered with zkSync, a Layer 2 scaling solution for Ethereum. This collaboration leverages zkSync’s Zero-Knowledge Rollups technology, which offers the following benefits:
- Enhanced Privacy: zkSync provides powerful privacy features through zero-knowledge proofs (ZKP), allowing transactions to be validated without disclosing any underlying data.
- Reduced Transaction Costs: By handling transactions off the main Ethereum chain and batching them together, zkSync reduces transaction costs, making operations more efficient and sustainable.
- Scalability and Speed: zkSync improves transaction throughput significantly compared to the Ethereum mainnet while ensuring security and data integrity.
Applications and Problem-Solving with SSI Technology
Real-World Use Cases
Self-Sovereign Identity technology is versatile and can be applied across various sectors to solve specific industry-related problems:
- Healthcare: Manage patient identities and medical records securely. Patients can control who accesses their medical data, enhancing privacy and compliance with healthcare regulations like HIPAA and GDPR.
- Education: Issue and verify academic credentials digitally. Students and professionals can maintain a lifelong, portable educational portfolio that simplifies application processes for jobs or further education.
- Finance: Improve Know Your Customer (KYC) processes. Banks and financial institutions can streamline customer onboarding, reduce fraud, and ensure compliance with financial regulations.
- Government: Enable citizens to access public services online securely and efficiently. SSI can facilitate voting, tax collection, and benefits distribution, minimizing fraud and improving service delivery.
- Travel and Hospitality: Simplify and secure booking and check-in processes. Travelers can verify their identity for hotel and airline bookings without repeatedly submitting personal documents.
Commitment to Open Standards and Collaboration with DIF
DIF Standards and Extrimian
Extrimian adheres to the standards set by the Decentralized Identity Foundation (DIF), an organization dedicated to establishing an open ecosystem for decentralized identity. By following DIF’s guidelines, Extrimian enhances interoperability, portability, and scalability across digital identity systems. Learn more about DIF at Decentralized Identity Foundation (DIF).
Extrimian and DIF HackAlong: Practical Learning Experience
Extrimian collaborates with DIF to offer the HackAlong course—free webinars that deepen understanding of Self-Sovereign Identity. This initiative not only highlights Extrimian’s commitment to digital identity education but also enables direct engagement with industry experts.
- Event Details: The course covers the practical applications of SSI and offers hands-on activities.
- Join Us: For more details and to register, visit Extrimian and DIF HackAlong.
