Project Description

Portfolio

Trust services of digital signature and identity

Barcelona, Spain
Growth company established in 2012

validatedid.com

Teaser of the company

Validated ID offers security trust services to the processes of electronic signature and digital identity management.

With VIDchain we’re offering a decentralized Self-Sovereign Identity service based on Blockchain for digital identity verification processes. This solution ensures GDPR compliance and improves procedures such as customer onboarding, AML, and KYC.

factory-matters.com

Sevilla, Spain

Blockchers Use Case Scenario

Validated ID will implement the following use case scenario

We want to improve digital accreditation in education by developing a cross-DLT digital credential issuing system following the Self-Sovereign Identity paradigm, which makes use of DLTs.

Portability of digital credentials can be very cumbersome nowadays. Besides the use of PDFs, there is no specific format so far that has been able to facilitate how do we prove our achievements in the digital world.

PDFs, if not signed, can be made up, and they are not machine-readable friendly.
Openbadges, a technology designed to fill this gap, has some drawbacks, like dependance on verification and hosting services that issuers have to maintain.
The use of SSI and Verifiable Credentials improves credential durability and convenience of verification thanks to the ledgers, and provides standard ways of requesting and providing those credentials.

Besides, with this project, we want to prove that interoperability is possible between issuers leveraging different blockchain technologies.

Sevilla, Spain

Blockchers Use Case Scenario

Validated ID will implement the following use case scenario

We want to improve digital accreditation in education by developing a cross-DLT digital credential issuing system following the Self-Sovereign Identity paradigm, which makes use of DLTs.

Portability of digital credentials can be very cumbersome nowadays. Besides the use of PDFs, there is no specific format so far that has been able to facilitate how do we prove our achievements in the digital world.

PDFs, if not signed, can be made up, and they are not machine-readable friendly.
Openbadges, a technology designed to fill this gap, has some drawbacks, like dependance on verification and hosting services that issuers have to maintain.
The use of SSI and Verifiable Credentials improves credential durability and convenience of verification thanks to the ledgers, and provides standard ways of requesting and providing those credentials.

Besides, with this project, we want to prove that interoperability is possible between issuers leveraging different blockchain technologies.

Team making Validated ID great

Fernando Pino (Co-Founder, CLO)
Ivan Basart (Co-Founder, CTO)
Jaume Fuentes (Co-Founder, BDM)

Interesting facts about Validated ID

  • First place in the accelerator of Cuatrecasas and Telefónica
  • First place in the project competition of Alastria Open Call Cataluña, consortium leader for Blockchain in Spain.
  • Raised 2M€ in 2019, by Caixa Capital Risc, Randstad Innovation Fund and Cuatrecasas Ventures.

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