Change is Coming to Online Identity
Decentralized Identity Super Wallet and dApp Platform
Enact ID is building a privacy-compliant mobile self-sovereign identity platform and wallet with dApps using Blockchain technology addressing disruptive shifts in the marketplace.
1. Protects against account takeover fraud and user identity theft, provides privacy protection;
2. Uses in-person validated identity and credentials embedded in the user’s mobile device; and
3. Provides opportunities to support users and companies in additional verticals in the future.
The Platform
The nPlatform uses a patented process for validated Self-Sovereign Identity (SSI), a Distributed Ledger (nChain), 3-factor authentication, a digital wallet, an air-gapped cloud gateway, and robust cryptographic processes. It offers solutions that are germane to the daily activities of individuals, corporations and retailers, including preventing account takeover fraud, identity theft and other use cases.
Underlying Technologies
Self-Sovereign Identity (SSI)
For individuals, corporations, and devices alike, a verifiable and trusted identity is necessary to interact and transact with others. Enact ID advances its SSI to a higher level by using trusted third-party identity validation. The identity owner’s information is encrypted and stored on the identity owner’s smart device, giving them full control of their personally identifiable information (PII). Since the PII is not stored in a corporate centralized database, which is a honeypot for hackers, data breaches are prevented.
nChain
Enact ID has developed a prototype, immutable Distributed Ledger (DL), which operates at 9,000+ transactions/second from a single air-gapped Cloud Gateway. The DL is fully scalable with multiple air-gapped Gateways operated by corporate entities using the network. nChain and the Cloud Gateway use advanced public/private key cryptography and strong encryption. nChain is GDPR compliant, quantum secure, and has a free proof of existence transaction consensus process that does not require data mining.
3-Factor Authentication
Enact ID uses strong uses up to 3-factor authentication and identity assurance to prevent financial and identity fraud. The following three factors of authentication are used to achieve government grade Level 3 authentication:
- smart device authentication
- device generated cryptographic code
- multi-factor authentication
Based on customer requirements, the Platform can provide government grade Level 3 identity assurance.
The Team
We have assembled a team of professionals with extensive IT and entrepreneurial experience to bring the vision from concept to reality. Our management team brings technical development, project and program management, risk management, administrative and marketing skills together to bring our comprehensive Identity Ecosystem products to both the real world and the cyber world.
Sal Khan
CEO
Allen Francom
CTO, Lead Blockchain Technologist
Robert O’Brien
Technical Program Manager
About Us
About Enact ID
We are a seed-level tech company located in Ottawa, Canada, with an experienced US & Canadian team, and issued and pending US patents. Our platform provides access to dApps and third-party applications and services. We will initially offer identity management and online access services. The identity platform has been perfected by key team members and Distributed Ledger specialists.
Intellectual Property
Our team members have a number of issued and pending patents.
These issued and pending patents, related to identity and Blockchain, protect the Company’s technology and its network.
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Reach Us
Interested in talking? If so, please reach out.
Ottawa, Ontario
+1 613 698 2266
skhan@enactid.com