Our Vision
We invest in digital identity solutions for a more
peaceful, sustainable, and free world.
Engineers are now confronted with the challenge
of balancing data verifiability and fraud prevention
with privacy protection. Yet, many existing solutions
only create more vulnerabilities and new honeypots.
We believe these challenges are opportunities and
that at the heart of this paradox is identity. Solving the
problems of weak identity and PKI systems is essential
for a secure, private digital future.
“Arguing that you don't care about privacy
because you have nothing to hide is no different
than saying you don't care about free speech
because you have nothing to say.”
Edward Snowden
Growth of the digital identity industry
The global digital identity solution market size is projected to grow from USD 34.5 billion in 2023 to USD 83.2 billion by 2028.
The expansion of the DIS (Digital Identity Solution) market can be attributed to a boost in the usage of online services offered by commercial businesses. Moreover, the threat of privacy and data breach may hinder market growth.
Cybersecurity industry growth
The global cyber security market size is projected to grow from $172.32 billion in 2023 to $424.97 billion in 2030, at a CAGR of 13.8%
30% of executives report that rapid technological change is their biggest concern
Technology shifts are top of the list this year, pushing inflation into second spot. Unfortunately these two challenges—picked by more respondents than the rest combined—are not easily reconciled.
78 countries plan on
launching a CBDC by
2030
92 countries plan on
launching their own
digital ID by 2030
“The first computer viruses hit personal
computers in the early 1980s, and we’ve been in
a cyber arms race ever since.”
Barack Obama
In 2022 India launched Aadhaar, the world’s largest national digital identity service
In 2023, the US passed the Improving Digital Identity Act to begin consolidating all digital ID initiatives
China plans on becoming completely cashless by 2027
The EU plans on creating a digital ID wallet to fully digitize all government services by 2030
Protecting Privacy
When we use the internet today, we do not know who has access to our data or when.
Helping people
Digital IDs extend far beyond mere identification and can revolutionize secure
peer-to-peer data exchange and communication among people, companies, and
devices. They enable individuals to safely share personal information, enhance
business efficiency through secure data exchanges, and facilitate seamless IoT
interactions. To fully realize these benefits, Zero Trust Protocols are essential,
ensuring no single points of failure or attractive targets for cybercriminals exist. By
prioritizing security and privacy, digital IDs empower individuals to take control of
their digital interactions, making processes safer and more efficient.
Our world has
1.2 billion unbanked people
110 million forcibly displaced refugees
850 million people who lack any form of ID
Building trust
Businesses around the world lose $48 billion to fraud every year. This number is expected to increase due to the rise of AI
Healing Our Climate
Digital identity is required for all large scale climate and carbon tracking initiatives
“The best way to predict the future is to invent it”
Steve Jobs
The future of identity
“As people’s lives become increasingly mediated by digital technologies, there is a related need to develop digital ID.”
Digital ID systems are currently divided in-between many competing platforms.
The future of digital ID lies in creating protocols that can act
as an ocean to connect the different platforms.