SolidX Partners Launches Vida – Enterprise-Grade Blockchain Identity Software

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SolidX Partners Inc., an innovative Blockchain technology company, today announced the launch of Vida, the world’s first full-stack identity solution using Blockchain technology. Vida provides enterprises with robust identity management capabilities without the need to hold personal identifying information. Vida is the first service of its kind to provide one identity across numerous applications, streamlining permissioned access to data and services without shared-secret based access mechanisms (e.g., usernames and passwords, government ID numbers, etc.).

Leveraging Blockchain technology, Vida decentralizes risk and enables secure recordkeeping. Vida increases corporate security and simultaneously empowers users with greater control over establishment, usage and protection of their personal identifying information across platforms.

Daniel H. Gallancy, Chief Executive Officer of SolidX Partners, commented,

“Vida represents a first of its kind enterprise-grade identity platform using public key infrastructure and built on Blockchain technology.  Vida’s use of the Blockchain enables a level of security not possible in the past. We look forward to supporting enterprises in improving security and eliminating the liabilities associated with centralized recordkeeping. Vida’s Blockchain-based identity system creates value for enterprises, customers and employees without compromising privacy or control of personally identifying information.”

A Blockchain is a distributed database containing a continuously growing list of records, which are time-stamped as well as hardened against tampering and revision. A Blockchain employs a specialized mechanism of consensus, enabling its constituent computers to synchronize records securely. Blockchains are kept secure with well-established cryptographic methods, and are decentralized, removing the risk of a single point of failure.

Vida utilizes the Blockchain as a distributed key server, eliminating risks associated with traditional methods of centralized key storage. The Vida platform adds an additional layer of security by leveraging a unique three-party authentication methodology to eliminate the potential for man-in-the-middle attacks.

Among other things, Vida enables file fingerprinting and time-stamping, authentication, credential storage and verification, document signing and email verification. Using Vida, service providers and their customers no longer need to remember and store passwords. Instead, the Vida platform authenticates requests with verifiable digital signatures.

More information about the features and benefits of Vida can be found on the following link: www.sldx.com

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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