Privakey

Privakey Profile and History

The Privakey team recognized that consistency is the key to achieving the elusive balance between security and convenience in online transactions. While it is virtually impossible to achieve convenience without consistency, site specific passwords and interrogating security questions remain at the core of the vulnerabilities and consumer frustration that plague the web today. Privakey's technolo gy can be used by identity providers to establish vast networks of relying party service providers that accept a common user-centric authentication method. Consumers that subscribe to these IDP services will benefit from improved security, privacy, and user experiences. Privakey's technology allows IDPs to offer privacy-enhancing self-sovereign identity services. Users benefit from greater visibility into, and control over, the personal data they share with various online service providers. The elimination of passwords and other shared secrets will shrink attack surfaces and pave the way for what users really want: one simple and consistent way to access all of their favorite online services, without passwords.