Gemalto and R3 pilot blockchain digital ID technology
18 September 2018 19:45 GMT

Gemalto has announced it is launching a blockchain pilot that combines its Trust ID Network with R3’s Corda platform, an enterprise blockchain solution.

The move follows the launch of the Gemalto Trust ID Network, designed to enable users to control how they share their personal data.

Gemalto says: “By creating and managing their own Self-Sovereign Digital ​ID, users can enrol with a host of different digital banking, eCommerce and eGovernment services, without having to go through repeated due diligence processes  for each of them. This distributed approach to Digital ID management enables service providers to leverage ubiquitous identities certified by trusted parties while putting users firmly in control of their data.”

The company adds: “Blockchain technology is ideal for supporting digital transactions that are based on trusted and verified identities, without exposing sensitive data to the threat of hacking and cyber-attack. With Trust ID Network, user control is facilitated via the ID Wallet, a convenient and secure mobile app. Here users can add personal data to their digital identity, have it certified, and give consent to share it with chosen service providers. Only 'attestations' issued by trusted parties are stored on the blockchain, keeping personal data under sole control of users.

“To comply with new regulations, financial institutions must implement robust KYC (Know Your Customer) procedures, rigorous data privacy and protection as well as strong customer authentication. They are therefore ideally positioned to lead the self-sovereign Digital ID revolution.  Other service providers that rely on verified customer identities, such as public services, mobile operators and airlines, can also reap significant benefits, including the opportunity to share ID management costs. As further stakeholders join a self-sovereign ID ecosystem, richer identities are built, supporting an even wider range of use cases.”

Gemalto says it is deploying its Trust ID Network application and data protection solutions on the latest version of R3’s Corda platform, an enterprise blockchain solution. 

A wide range of stakeholders are being invited to participate in one of several Trust ID Network pilots that will launch later this year.

“Empowering customers to manage and control their own digital identity based on blockchain technology is nothing short of revolutionary and we're very pleased to be collaborating with Gemalto on the Trust ID Network,” said David E Rutter, CEO of R3. “The Corda platform's unique privacy features offer the ideal basis for a secure, easy-to-deploy decentralised ID management platform."

“Trust ID Network solves the profound weaknesses of traditional, ‘siloed’ identity frameworks: the clumsy user experience, rising costs and difficulties in complying with stricter regulations. It’s the perfect illustration of Gemalto’s ability to combine proven Digital Identity solutions and new technologies such as the blockchain,” said Bertrand Knopf, EVP Banking & Payment for Gemalto. “Financial institutions are best-placed to lead this self-sovereign identity revolution, but it will prove similarly attractive to a wide array of other service providers.”