Vaultys provides a decentralized digital identity solution through its VaultysID and SmartLink technologies, enabling secure, password-free authentication and access management for web applications. This approach addresses vulnerabilities in traditional authentication methods, such as password theft and identity fraud, by offering a robust, user-controlled identity management system.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional password-based authentication methods are vulnerable to phishing, identity theft, and other cyberattacks, creating significant security risks for individuals and organizations. Managing multiple passwords across various web applications is cumbersome and increases the likelihood of password reuse, further exacerbating these vulnerabilities.
Solution
Vaultys provides a decentralized digital identity solution that eliminates the need for passwords, offering a more secure and user-friendly authentication experience. The VaultysID serves as a digital identity wallet, leveraging advanced cryptography to protect user credentials and enable password-free access to web applications. The SmartLink feature acts as a secure password manager and single sign-on (SSO) solution, centralizing access management and simplifying the login process across multiple platforms. By combining VaultysID and SmartLink, users gain enhanced control over their digital identities and reduce their reliance on vulnerable password-based systems.
Target Audience
Vaultys targets businesses, software vendors, local authorities, and families seeking to enhance their cybersecurity posture and simplify identity management.
Features
- VaultysID: A decentralized digital identity wallet for secure storage and management of user credentials.
- SmartLink: A password manager and SSO solution for simplified and secure access to web applications.
- Password-free authentication: Eliminates the need for traditional passwords, reducing the risk of phishing and password theft.
- Multi-factor authentication (MFA): Adds an extra layer of security to the authentication process.
- Decentralized cryptography: Employs advanced cryptographic techniques to protect user data and prevent unauthorized access.
- Secure access management: Provides granular control over access permissions and user privileges.
- Mobile app support: VaultysID is available as a mobile app for both iOS and Android devices.