Digital Trust for Corporates

The need for digital trust

In today’s fast-paced environment, companies face the challenge of balancing regulatory compliance, user experience, and fraud prevention. As industries evolve, robust identity verification solutions have never been more critical to ensure they can:

  • Reduce identity fraud and theft.
  • Make it easier to onboard new customers and employees.
  • Improve the customer experience.
  • Comply with data privacy regulations.

Why ZADA

ZADA is a Self-Sovereign Identity (SSI) network that enables individuals and organisations to own and control their own digital identities. This means that the individual has the power to decide who can access their data and for what purpose. As an organisation, you can instantly verify this data and don’t need to connect with the original issuer.

The ZADA platform is based on open standards and built to be:

  • Scalable: A scalable platform that can support the needs of large organizations.
  • Secure: Uses blockchain technology to secure the data stored on the platform.
  • Easy to use: Easy to use for both organizations and individuals.
 

What are the benefits

Increased security

ZADA makes it more difficult for fraudsters to steal identities or impersonate users. This is because the data is not stored in a central location, making it harder for hackers to access.

Improved privacy

ZADA gives users more control over their personal data. This means that organisations can only access the data that they need, and users can be confident that their data is not being shared with third parties without their consent.

Reduced costs

ZADA can help organizations to reduce the costs associated with identity management. This is because organizations will no longer need to rely on third-party identity providers.

With ZADA we could quickly digitize our processes and offer our patients a more convenient handling of their patient records, such as a digital verifiable vaccination record.

Use Cases

Onboarding

ZADA can make it easier for organisations to onboard new customers and employees by eliminating the need for manual identity verification. This can save organizations time and money, and it can also help to improve the customer experience

KYC

ZADA can help organizations to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations by providing a more secure and efficient way to verify identities.

Access control

ZADA can be used to control access to resources, such as buildings, computers, and applications. This can help to improve security and reduce the risk of unauthorized access.

Fraud prevention

ZADA can help to prevent fraud by making it more difficult for criminals to steal identities or impersonate users

Healthcare

ZADA can provide a secure and private way for patients to share their medical data with hospitals and medical practitioners.

Education

ZADA can be used to verify academic credentials and to track student progress. This can help to improve the quality of education and to make it easier for students to apply for visas, additional education and jobs.

Corporate

ZADA Can be used to improve the recruitment process and streamline the handling of proofs and certificates.

Financial Services

Underwrite new insurances, provide policies as verifiable credentials, Streamline KYC process and provide MFA.

Want to learn more?

If you are an organization that is interested in learning more about SSI or how Zada.io can help you, please contact us today.

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