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August 10, 2022

Romanian start-up engaged in developing interoperable digital identity and digitization solutions for companies and institutions worldwide

Synaptic Identity, the first Romanian company to use SSI (Self-Suvereign Identity) technology to offer cybersecurity and decentralised digital identity services at European level, signs an agreement with Trinsic Technologies, one of the leaders in the field, in the US market. The partnership represents a joint effort for the successful adoption of digital trust, providing multinational organizations with access to a global interoperable ecosystem through easy-to-deploy technology.

Synaptic Identity developed, a year ago, selfDID, Europe’s first decentralized digital identity platform, using blockchain and Self Sovereign Identity (SSI) technology to secure and prove identity and a wide range of certifications. The company has thus taken an important step into the deep-tech area, which includes start-ups focused on scientific and technical innovation.

The selfDID platform facilitates secure digital interactions between institutions, companies and individuals based on verifiable digital credentials. Digital identifiers are more secure than their physical counterparts, supporting the creation of a remote trust relationship. With selfDID, a wide variety of digital credentials such as personal data, professional credentials or other qualities of a person in relation to an organisation can be instantly and securely presented and verified.

“Decentralized digital identity and digital credentials will soon become a standard for a multitude of interactions. The technology we have developed facilitates access to an interoperable European ecosystem. The partnership with Trinsic Technologies offers the possibility to address the most complex digitization needs of organizations anywhere in the world. We have a cross-border technology, and we are delighted to be able to expand our reach with an American leader in the field,” said Radu Chirilă, founder of the selfDID platform and CEO of Synaptic Identity.

The company provides the technology and the ecosystem to apply it, through an integrated digital wallet. The technology is aimed at a wide range of users, companies of all sizes and public institutions, who need to provide secure digital environments when interacting with employees, partners, and other stakeholders.

“The technology is compliant with organisations’ existing software solutions and is complemented by a decentralized digital identity platform and digital wallet, both of which are globally interoperable. We thus ensure an end-to-end solution that can be easily replicated in any country in the world where the company is present, for a secure environment in the management of identification data,” said Mihai Dînșoreanu, CTO selfDID.

The selfDID platform employs the latest standards in digital identity to enable secure and efficient use of everything from authentication, digital signatures, and zero-trust architecture trust policies.

SelfDID was launched in 2020. Now the technical team brings together professionals like: Mihai Dînșoreanu – Chief Technology Officer, Cristi Pavăl – Co-founder & Head of Mobile Development, Andrei Oțel – Technical Lead, Cristian Tudoran – Data Security Manager and Cornel Fetcu – UI/UX Designer, with extensive experience in software design, implementation and integration for international companies, including blockchain platform development.

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