Daedalus

Secure Digital Identity Platform

Daedalus is a cutting-edge digital identity platform designed to authenticate peer-to-peer communications, enabling information requests without revealing underlying personal data. This innovative solution ensures that interactions remain secure and private, empowering users to maintain control over their information.

  • In the past decade, Business Email Compromise has cost companies $55 billion dollars.

  • Every single day, 3.4 billion phishing emails flood our inboxes.

  • Every eleven seconds, somewhere in the world, a business falls victim to a ransomware or phishing attack.

Key Features:

  1. Secure Customer Engagement: Daedalus allows companies to engage with customers securely, resolving data management conditions such as Know Your Client (KYC) for banks whilst preserving the data privacy rights of the customer.
  2. Credential-Based Inter-Operation: Entities can inter-operate via credentials without needing login access to underlying data, providing an additional layer of security.
  3. Data Ownership Empowerment: Data owners have the power to decide how their data is used, ensuring privacy and control.

Advantages of Decentralized Identity:

  1. Enhanced Security: Traditional centralized approaches, controlled by single entities like governments or corporations, are prone to data breaches, limited user privacy, and reliance on intermediaries for validation.
  2. Privacy Preservation: Decentralized digital identity using credentials enables validation and queries without exposing underlying data, ensuring user privacy is maintained.
  3. Daedalus represents a significant advancement in digital identity management, offering a secure, private, and user-centric approach to handling sensitive information.