MyID
DID identity authentication platform, MyID
DID identity authentication platform, MyID
MyID alliance has been establishing a new DID ecosystem with various partners in many different sectors.
Designated as a regulatory sandbox by
South Korea's Ministry of Science and ICT
Designated as a Fintech Sandbox &
innovation financial service
ICONLOOP X Shinhan Bank
Issued the first financial DID in Korea
Structure of MyID
MyID verifies data integrity via blockchain, realizing SSI(Self-sovereign identity) with a structure where users can store the personal data
authenticated by identity authentication institutions on their smartphones and submit required information for authentication in a simple and easy manner.
MyID verifies data integrity via blockchain, realizing SSI(Self-sovereign identity) with a structure where users can store the personal data authenticated by identity authentication institutions on their smartphones and submit required information for authentication in a simple and easy manner.
Main Functions of MyID
MyID issues DIDs to the subjects of platforms and manages the entire process of issuing, submitting, verifying, and revocating verifiable
credentials (VC). MyID not only reinforces security by adding electronic signature on all credentials among each subject (user, issuer, verifier)
but supports users to have the full control over their own credentials conveniently by storing them on separate cloud servers.
MyID issues DIDs to the subjects of platforms and manages the entire process of issuing, submitting, verifying, and revocating verifiable credentials (VC). MyID not only reinforces security by adding electronic signature on all credentials among each subject (user, issuer, verifier) but supports users to have the full control over their own credentials conveniently by storing them on separate cloud servers.
DID and Key management
Functions to issue / submit credentials
Functions to verify / revocate credentials
DID and Key management
Functions to issue / submit credentials
Functions to verify / revocate credentials
Electronic Signature
Electronic Signature
Storage function (PDS/Vault)
Storage function (PDS/Vault)
MyID Platform configuration
MyID provides various authentication services such as digital identity authentication, visitor management, certificates,
and verification for vistis, based on ICONLOOP's high-performing blockchain, Loopchain. MyID is establishing a safer and more trustworthy verification environment with many local governments.
MyID provides various authentication services such as digital identity authentication, visitor management, certificates, and verification for vistis, based on ICONLOOP's high-performing blockchain, Loopchain. MyID is establishing a safer and more trustworthy verification environment with many local governments.
MyID Alliance
MyID Alliance is establishing a blockchain-based DID ecosystem putting MyID at the center,
trying to remove actual inconveniences of users with cooperation of 86 institutions from various fields.
MyID Alliance is establishing a blockchain-based DID ecosystem putting MyID at the center, trying to remove actual inconveniences of users with cooperation of 86 institutions from various fields.
MyID RoadMap
Digital Identity verification
โข Establishing a digital identity verification platform and authentication infrastructure
โข Adding digital identification methods
Collecting and utilizing digital data
โข Establishing the foundation of collecting, managing and utilizing personal credential data
โข Collecting third-party credential data
โข Adding single-use cases of credential data
Trading digital big data
โข Big data of credential data
โข Establishing a trading platform of digital big data
โข Boosting trade of big data
MyID Platform enables a trusted digital ID ecosystem
MyID Alliance is a collaborative organization establishing a blockchain-based digital ID ecosystem putting โMyIDโ at the center,
trying to resolve user inconveniences effectively.
MyID Alliance is a collaborative organization establishing a blockchain-based digital ID ecosystem putting โMyIDโ at the center, trying to resolve user inconveniences effectively.