Description:1Kosmos is a pioneering company in the field of computer and network security, known for its innovative solution, BlockID. This platform employs biometric-based identity verification and offers a passwordless multifactor authentication (MFA) system designed with a privacy-by-design architecture. Central to BlockID’s functionality is a private and permissioned distributed ledger, which ensures heightened security and integrity.
The platform is specifically engineered to produce a non-phishable multifactor authentication credential for employees while simultaneously providing customers with a convenient passwordless option that enhances the strength of authentication processes to help thwart fraud. Notably, both personally identifiable information (PII) and authentication data are protected through public/private key encryption. Users maintain exclusive possession and access to the private key, eliminating the need for any third-party intermediaries. This design assures that PII is stored and managed in compliance with stringent data privacy regulations, ensuring it is never exposed in an unprotected manner.
1Kosmos BlockID’s architectural innovations include live biometric verification, machine validation of government-issued credentials, a portable digital identity wallet, a private permissioned ledger, and verified reusable digital credentials. Together, these features address the identity gap often encountered in traditional Single Sign-On (SSO) and MFA systems. By streamlining the user experience, the platform effectively balances security and convenience, minimizing transaction friction while rigorously verifying identity during every access or service request.
With its tamper-evident digital identity and verified credentials, the BlockID platform provides an immutable chain of custody, establishing unmatched trust in identity verification. Through these advanced capabilities, 1Kosmos is at the forefront of enhancing identity security in an increasingly digital world.