GlobaliD provides a digital identity wallet that allows users to manage their personal identification information securely and independently, utilizing verifiable credentials technology. This solution eliminates the need for traditional ID storage by companies, reducing the risk of data breaches and enhancing user control over personal data.
Funding
$12.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional methods of managing and verifying identity online rely on centralized storage of personal data, creating vulnerabilities to data breaches and limiting user control. Users often struggle with repetitive forms and insecure passwords across various online platforms.
Solution
GlobaliD offers a digital identity wallet that empowers users to securely manage and control their personal identification information using verifiable credentials. This approach eliminates the need for businesses to store sensitive user data, reducing the risk of data breaches and enhancing user privacy. The GlobaliD wallet enables passwordless login and streamlined onboarding processes across different services and applications. By leveraging decentralized identity technology, GlobaliD allows users to bring their self-sovereign identity to Web3 and traditional finance applications.
Target Audience
GlobaliD targets individuals seeking greater control over their digital identities, developers building privacy-focused applications, businesses aiming to reduce data breach risks, Web3 projects requiring secure user authentication, and financial institutions looking to streamline customer onboarding.
Features
- Digital ID wallet for secure storage and management of personal identification information
- Verifiable credentials technology for trusted identity verification
- Passwordless login functionality for simplified access to online services
- Streamlined onboarding processes for various applications
- Support for self-sovereign identity in Web3 and traditional finance
- Digital ID verification and screening capabilities