ShareRing is certified as a trusted digital ID service provider in the UK
Melbourne, Australia, November 1, 2023, Chainwire
ShareRing, a truly self-sovereign digital identity blockchain Australian company, is proud to announce its success in becoming one of the first in the industry to be accredited under the Digital Identities and Attributes Trust Framework (DIATF) in the UK. This achievement marks a significant advance in ShareRing's technology and confirms the company's commitment to reusable digital identity verification in a secure and private environment.
By securing its certification, ShareRing can now provide its digital identity for digital identity verification, adding identity verification for land registration purposes in the UK.
ShareRing's digital identity technology provides an end-to-end solution for businesses to verify the identity of their customers across a variety of industries, whether it's for financial KYC and customer due diligence (CDD), age and identity verification, space and guest management or corporate identity management. Businesses manage their digital identity needs through a web-based platform, while customers create and manage their own reusable digital identities through the Identifi Me app, where they have full sovereignty over their personal data.
The DIATF is a comprehensive framework for establishing trusted and secure digital identity ecosystems, regulated by UK government authorities. It defines strong standards, principles and requirements that accredited companies like ShareRing meet to ensure the integrity, privacy and reliability of user data, reducing identity fraud and cyber risks.
ShareRing founder Tim Bos said: “Digital identities are critical to removing misunderstandings from our daily lives and improving operational efficiency across all businesses. “The UK is leading the way in digital identity regulation, and with this recognition, ShareRing can confidently compete with the public and private sectors in Australia and the UK.”
ShareRing's self-sovereign identity solution is built on blockchain technology (Tendermint PoS and Cosmos SDK) and forms an irreplaceable ecosystem for businesses and individuals. Unlike traditional ID systems that are vulnerable to abuse and fraud, ShareRing's solutions ensure that personal information is authenticated and kept under user control, shared only with third parties when necessary and with express consent.
Last year, ShareRing partnered with a number of private sector businesses in Australia and overseas to replace traditional KYC and customer verification processes with reusable digital IDs. ShareRing will continue to partner with Australian and UK investment funds, nightlife and F&B venues and hotels to protect these businesses from identity fraud by improving operational processes and reducing costs.
To learn more about ShareRing and its digital identity solution, please visit
About ShareRing (AUS)
Founded in 2019, ShareRing is a blockchain technology company in the digital identity industry. Our mission is to remove friction from common business operations and individual user digital experiences using authenticated digital identities. By creating truly autonomous environments, our solutions significantly reduce business risks associated with cyber threats and prevent individuals from misusing their personal information. ShareRing is accredited by the UK Digital Identity Trust Framework to provide digital identity services.
For more information please visit ShareRing's:
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Marketing yuppie Jonathon LiuShareRing[email protected]
