Connect with us

Technology

Authlete Introduces Support for OpenID for Verifiable Credential Issuance with Authlete 3.0

Published

on

Authlete’s OID4VCI support empowers organizations to revolutionize digital identity management

TOKYO, Nov. 6, 2024 /PRNewswire/ — Authlete, a leading implementer of OAuth 2.0 and OpenID Connect (OIDC), announced today the launch of Authlete 3.0, offering support for OpenID for Verifiable Credential Issuance (OID4VCI). This new capability empowers organizations—including governments, financial institutions, and educational establishments—to revolutionize how they issue and manage user credentials.

With the introduction of Authlete 3.0, Authlete now offers a simple API solution for quickly issuing interoperable verifiable credentials (VCs) conformant with OID4VCI. Built on OAuth and OIDC—proven and widely used global standards for authentication and authorization—OID4VCI supports various credential formats, including SD-JWT VC and mdoc/mDL.

VCs are tamper-evident digital credentials whose authorship can be cryptographically verified. This digital proof mechanism makes VCs more secure, verifiable, trustworthy, and portable compared to physical documents or cards. Furthermore, VCs allow holders to selectively disclose only necessary information and eliminate the need to carry physical credentials, enhancing flexibility and user-centricity.

“We are dedicated to empowering organizations to build secure, user-centric, and interoperable digital identity infrastructures, while contributing to the development of a globally interoperable digital identity ecosystem,” said Authlete Co-founder Takahiko Kawasaki.

Authlete’s OID4VCI support for SD-JWT VC and mdoc/mDL formats has already proven effective through multiple global pilot projects, including EU Digital Identity (EUDI) Wallet’s Potential project, Japan’s Trusted Web initiative, and the Global Assured Identity Network Technical Proof of Concept (GAIN POC).

Japan’s Trusted Web initiative aims to build a new framework of trust that enhances data control for individuals and organizations and establishes mechanisms for data verification without excessive dependence on specific services. In a Trusted Web pilot project aimed at improving the efficiency of Know Your Business (KYB)/Know Your Customer (KYC) processes for opening corporate bank accounts through reusable KYB/KYC and digital verification, Authlete successfully issued SD-JWT VCs to a digital wallet developed by DENTSU SOKEN.

“To develop and validate a prototype aligned with Japan’s legal frameworks and practices, it was essential to accurately map required information, such as ‘proof of corporate existence,’ from actual practices into the VC and to issue it according to interoperable open standards,” said Yasuo Higa, DENTSU SOKEN’s Chief Architect, who led the KYB/KYC pilot project. “Authlete’s high degree of customization and compliance with OID4VCI allowed us to achieve this and create a prototype ready for deployment.”

In the GAIN POC, which aims to create a globally interoperable network for high-trust identity assurance, Authlete successfully issued OID4VCI-conformant SD-JWT VCs to digital wallets provided by Talao, Meeco, and Datev.

“Together with Authlete, we demonstrated how we can achieve seamless interoperability, paving the way for a secure and interoperable digital identity ecosystem,” said Talao’s Co-founder and CEO Thierry Thevenet. “Authlete’s expertise in OpenID protocols has been crucial in achieving this milestone, and we look forward to continuing our collaboration.”

Potential use cases for VCs are wide-ranging from government-issued identity documents like passports and driver’s licenses to reusable KYC verifications for banking to academic certifications.

The advantages of VCs and the evolving ecosystem surrounding their issuance are explored in KuppingerCole’s white paper titled “Guidance on Implementing Verifiable Credential Issuance,” commissioned by Authlete.

In addition to support for OID4VCI, Authlete 3.0 offers the following features and benefits:

Enhanced FAPI compliance settings: Configure FAPI compliance levels with granularity, including FAPI 2.0 Message Signing to enable non-repudiation.Multi-tenant organization management: Set up multiple organizations and services within a single, intuitive management console.Multi-region support: Select server locations in the US, Japan, Brazil or the European Union directly from the dashboard.Social logins and multi-factor authentication (MFA): Login with Google or GitHub credentials with MFA for added convenience and security.Granular access control: Ensure compliance by aligning permissions with each team member’s specific access level.

Learn more about Authlete 3.0 and sign up for a 30-day free trial at www.authlete.com/developers/getting_started/.

About Authlete:

Authlete provides a security component service that simplifies the implementation of authorization servers based on OAuth 2.0 and OpenID Connect, supporting high security profiles such as FAPI 1.0 and FAPI 2.0. Developed by standards experts, Authlete’s solution complies with globally recognized regulatory frameworks for Open Banking and Open Finance, including the Australian Consumer Data Right, KSA Open Banking, Open Finance Brazil, and UK Open Banking. Discover more at www.authlete.com and connect with us on X at @authlete or LinkedIn at www.linkedin.com/company/authlete/.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/authlete-introduces-support-for-openid-for-verifiable-credential-issuance-with-authlete-3-0–302296725.html

SOURCE Authlete

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

BlackPearl Technology Unveils the Beacon: The Next-Generation Micro Power-Over-Ethernet Edge Gateway for Unmatched Data Aggregation and Connectivity

Published

on

By

BlackPearl Technology’s Beacon is a compact, PoE-powered gateway that extends the Zephyr gauge, supporting up to 200 sensors over a 15-mile range with secure data processing and seamless SCADA integration, redefining industrial IoT.

THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire-PRWeb/ — BlackPearl Technology, Inc. is excited to announce the launch of the Beacon, an extended communications module for the award-winning Zephyr. It redefines edge gateway capabilities, offering unparalleled data aggregation and processing in an ultra-compact, PoE-powered micro device. Seamlessly bridge your wireless infrastructure to wired backends or SCADA systems with ease.

“The Beacon represents a quantum leap in edge gateway technology. By combining it with our Zephyr wireless gauge, we’ve created something truly revolutionary in the industrial IoT space,” said David Smith, Co-Founder & VP of Innovation at BlackPearl Technology, Inc.

Key Features and Benefits:

Powered by the Interceptor: Embedded Linux platform for customizable edge software and processing.Advanced LoRaWAN: Built-in concentrator with 15-mile range; network gateway and join server for isolated nodes – eliminates need for external gatewayMassive Aggregation: Collects data from thousands of sensors via WiFi, Bluetooth, and LoRaWAN – can support up to 200 ZephyrsVersatile Connectivity: Bi-directional communication; bridges wireless to wired systems; supports Modbus TCP/IP, RS-485, and MQTTRobust Security: Implements SSL/TLS support for secure data transmission and encrypted storageUser-Friendly Management: Features an embedded web server for easy configuration and updatesCloud Integration: Enables seamless compatibility with partner and private cloud platforms, supporting cloud-based device management for OTA diagnostics and configuration.Flexible Deployment: Adapts to both greenfield (new sensors) and brownfield (existing) systems, operating seamlessly in isolated environments without cloud connectivity.Industrial-Grade: Operates from -40°C to 85°C, comes in a Class 2, Division 2 enclosure (other enclosures available upon request)Edge Processing: Runs almost any edge application, processes data locally, and transmits only critical informationAvailability: Readily available and made in North America

“The Beacon represents a quantum leap in edge gateway technology. By combining it with our Zephyr wireless instrument gauge, we’ve created something truly revolutionary in the industrial IoT space. You have the Zephyr, which can support up to eleven different sensors in one explosion-proof package, communicating with a micro-sized PoE gateway that can handle up to 200 Zephyrs across a 15-mile range. This isn’t just another data collection system – it’s a complete edge-to-edge solution that can transform how industries handle remote monitoring,” said David Smith, Co-Founder and VP of Innovation at BlackPearl Technology.

“What makes this combination so powerful is its versatility and intelligence at the edge. The Beacon processes data locally and sends only what’s critical, while seamlessly bridging wireless infrastructure to wired backends. Whether you’re monitoring wellheads in the Permian Basin, managing agricultural operations across thousands of acres, or overseeing critical refinery equipment, this system adapts to your needs. And with its industrial-grade design operating from -40°C to 85°C and its ability to work in isolated environments without cloud connectivity, it’s built for the real world, not just the ideal world. This is the future of industrial monitoring, and it’s available today.”

This launch follows the recent introduction of BlackPearl’s Zephyr wireless instrument gauge, and Data Nebula, their IIoT cloud data platform. Together, this trio redefines industrial data management, setting a new standard for IIoT solutions with advanced data aggregation, robust processing power, and versatile connectivity options.

For more information and specifications, or to download the data sheet, please visit www.BlackPearlTechnology.com.

About BlackPearl Technology, Inc.:

Headquartered in The Woodlands, Texas, BlackPearl Technology is a leading provider of innovative IIoT solutions for industries worldwide. Specializing in engineering, manufacturing, and client services, the BlackPearl ecosystem supports the entire product design and development lifecycle from conception to full-scale manufacturing.

The BlackPearl team of skilled electrical, mechanical, software, and firmware engineers is dedicated to bringing innovative ideas to life. By leveraging the latest technology, BlackPearl develops reliable solutions that solve problems and enhance operational processes. All design and development work is conducted in North America.

Media Contact

Stephanie Chavez, BlackPearl Technology, 1 (817)262-8168, schavez@blackpearltechnology.com, https://blackpearltechnology.com/ 

View original content to download multimedia:https://www.prweb.com/releases/blackpearl-technology-unveils-the-beacon-the-next-generation-micro-power-over-ethernet-edge-gateway-for-unmatched-data-aggregation-and-connectivity-302296175.html

SOURCE BlackPearl Technology

Continue Reading

Technology

MEGAROBO Unveils High-Content Cell Imaging System for Advanced Multidimensional Biological Analysis

Published

on

By

BEIJING, Nov. 6, 2024 /PRNewswire/ — MEGAROBO, a leading provider of advanced productivity tools for life sciences, has recently unveiled the CellVue™ T2000 high-content cell imaging system. The new cell imaging system is more than a digital microscope, featuring a high-sensitivity CMOS imaging camera that seamlessly integrates automated multi-color fluorescence imaging with quantitative data analysis. The system enables in-depth exploration of the multi-dimensional characteristics of individual cells in biological samples, serving a wide range of applications, from basic research to drug discovery and preclinical trials. The technology provides scientists with rapid, high-resolution cell imaging and comprehensive, accurate data support.

As the latest breakthrough in life science research tools, MEGAROBO’s proprietary CellVue™ T2000 builds upon the strengths of traditional high-content imaging systems while achieving remarkable strides in imaging speed, configurability, and functional versatility. With unprecedented efficiency, the system meets the urgent need for high-throughput imaging in complex experimental scenarios, enhancing data stability, reliability, and experimental reproducibility. Furthermore, the solution offers extensive upgrade options for cytotoxicity studies, cell painting and 3D sample studies, ensuring optimal configurations that address the specific needs of different research teams.

In addition, the CellVue™ T2000 has been fully incorporated into AutoBio™, the laboratory automation system developed by MEGAROBO. This integration enables a fully automated workflow from cell seeding, passaging and drug delivery to image detection and analysis. 

“Whether examining the fine structure of the cytoskeleton and nucleus or the spatial relationships between functional proteins, the system can deliver high-definition images and precise data,” said Daniel Huang, Founder and CEO of MEGAROBO. “The capability allows researchers to gain deeper insights into cell biology phenomena and mechanisms. With the CellVue™ T2000 as a starting point, MEGAROBO will continue to facilitate technological innovation in the life sciences sector, inspiring deeper exploration into uncharted territories.”

With a global footprint spanning China, the U.S., Europe, and Southeast Asia, MEGAROBO has solidified its position as a leading force in intelligent automation and life sciences innovation worldwide.

About MEGAROBO

Founded in 2016, MEGAROBO is a science and technology company specializing in providing advanced production tools for life sciences, drug discovery, clinical diagnostics and applied chemistry industries. MEGAROBO has closed the Series C financing round, securing long-term support from key investors including WuXi AppTec, Bosch, Sino Biological, Goldman Sachs Asset Management, Asia Investment Capital, Jiyuan Capital, Sinovation Ventures, Joy Capital, MPCi and Pavilion Capital.

View original content:https://www.prnewswire.com/news-releases/megarobo-unveils-high-content-cell-imaging-system-for-advanced-multidimensional-biological-analysis-302297326.html

SOURCE MEGAROBO

Continue Reading

Technology

Propel Holdings named one of Canada’s Enterprise-Industry Leaders winners in Deloitte’s Technology Fast 50 program

Published

on

By

TORONTO, Nov. 6, 2024 /CNW/ – Propel Holdings Inc. (“Propel” or the “Company”) (TSX: PRL) was honored as an Enterprise—Industry Leaders award winner as part of Deloitte’s 2024 Technology Fast 50™ program. The award recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies by revenue growth percentage over their last four years of operation. This category is open to companies that recorded a minimum revenue of $10 million in 2020 and $50 million in 2023.

Propel ranked 11th in the Enterprise—Industry Leaders category after its four-year revenue growth percentage of 333%.

Propel’s CEO Clive Kinross, credits Propel’s AI-powered technology and mission of furthering financial inclusion, along with the team’s relentless drive with the company’s success. Kinross said, “Today, we have enabled close to 1.5 million loans and lines of credit to underserved consumers in North America, but we won’t stop there. Backed by our AI-powered technology and the best talent, we have set our eyes on global growth. We are making credit more inclusive, and we are just getting started.”

“The Enterprise—Industry Leaders exemplify the strength and resilience of Canada’s business landscape, showcasing their ability to navigate challenges and drive sustainable growth,” highlighted Anders McKenzie, the National Technology Fast 50 program leader at Deloitte Canada. “As established leaders in their industries, these companies have demonstrated their capacity to innovate, adapt, and transform in a rapidly evolving digital landscape. By embracing emerging technologies, fostering a culture of continuous improvement, and leveraging their extensive resources, these Enterprise –Industry Leaders have positioned themselves as industry leaders, setting new benchmarks for success. Their achievements not only contribute to their own organizational growth but also inspire and shape the future of Canada’s technology sector.”

About the Deloitte Technology Fast 50 program

The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. It recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50, Enterprise—Industry Leaders, Clean Technology, and Companies-to-Watch. The program also recognizes thriving technology companies in the United States and Canada in partnership with the North American Technology Fast 500 program. Program sponsors for 2024 include RBCx, Osler, EDC, CCI, TMX, Clarity, and Lafond. For more information, visit www.fast50.ca.

About Propel

Propel Holdings (TSX: PRL) is the fintech company building a new world of financial opportunity for consumers, partners, and investors. Propel’s operating brands — Fora Credit, CreditFresh and MoneyKey — and our Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its AI-powered platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel.  Our revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over one billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together.

Learn more at www.propelholdings.com

(www.foracredit.cawww.creditfresh.comwww.moneykey.com)

SOURCE Propel Holdings Inc.

Continue Reading

Trending