Confused by the name? Try looking at it like this: K01. The ‘K’ stands for ‘key’ while the ‘0’ and ‘1’ represent the binary numeral system which in this case refers to data. So, we’re talking about key data. And what data could be more vital than an individual’s identity?
We’re required to share personal details all over the web to make use of various services that have become inherent to our daily lives. But as we’re becoming more aware of the importance of our personal data to others, we’re also starting to question how this information is being used and are more than ever fearing its misuse.
KOI is a mechanism that will enable individuals to create a decentralized digital identity that only they can control but can be used for a large number of services. It combines unified SSO (single sign-on) login capabilities with the power of a distributed ledger. By increasing both security and convenience through passwordless login to any service provider via a smartphone, KOI is taking identity management to the next level.
– Online trust and privacy
– On- and offline SSO
– Consent management for shared, personal data
– Single point of information for consent, payment, and identity management, and shipping
– On- and offline identity verification with minimal disclosure of personal data