AceID is a portable identity on blockchain technology with which any holder can present verifiable credentials everywhere online. It gives users the ability to decide who, why and for how long they share their personal data with, and strengthens the confidence in services your business provides.
The process of identity verification is needed in almost every industry, making digital identity an indispensable element in every digital interaction.
FOR PERSONAL USE
Keep your personal information in one place and share it in a secure way.
FOR BUSINESS SERVICES
Handle users` data in a secure, private and easy-to-use manner.
Using AceID, organizations and users can now enter in a direct and secure interaction anywhere online without the need for usernames or passwords.
AceId is a secure authentication protocol that combines the following concepts: self-sovereign identity (SSI), data access management controlled and recorded via blockchain, end-to-end encryption and verification. These elements guarantee each user has a complete control over who they share their data with, and for how long.
A first-time user needs to input his/her personal information (name, date of birth, ID number etc.) into their own mobile digital wallet. Afterwards, each time he/she wishes to access a certain web service, this process is no longer necessary, and only a QR code authentication suffices to interact with a service.
The user`s data is stored locally on /her device, and remotely on the AceSpace storage, where all the content is encrypted. What AceID actually stores on a blockchain is just the reference to the data and all of the permission actions related to them,
Since the blockchain is generally public, anyone can get information about the existence of the link. However, it is impossible to see what kind of data are stored on a given address. The data can be seen and read only with a user`s private key used for their decryption.
To access an online service, a website displays a QR code. Each time the registered user scans the QR code, he/she can choose which pieces of information they allow to be shared, and confirm their choice by pressing “Authorize”. The result of this last action logs them into a website.
Due the fact the personal data is not stored directly on a blockchain, the user can easily make changes, such as deleting or adding the data. Each time the user interacts with a business or changes the permissions, the mobile application reacts in real-time.
The user keeps his/her personal information locally. Prior to sending the data to the AceSpace storage, they are encrypted with the user`s private key, making sure no one can read or change them.