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TOPPAN Edge and Partisia partner for privacy-first Digital Identities, leveraging blockchain and MPC (Multi-Party Computation)
Rezul News/10701677
Rezul -- TOPPAN Edge is partnering with Partisia to develop a fully privacy-focused digital identity using Partisia's Decentralized Identity technology, enabling individuals to securely control their private data. The collaboration will also explore how Partisia Blockchain can scale this globally and support a secure, user-driven data economy. Additionally, the partnership aligns with Japan's vision for a trusted digital framework and ensures compatibility with Europe's eIDAS, strengthening regional ties.
Japan's TOPPAN Edge is a business information management solutions provider and a subsidiary of the Tokyo-based TOPPAN Group, while Denmark's Partisia is a pioneer in Multi-Party Computation (MPC) and advanced cryptographic enforced privacy utilizing blockchain technology.
TOPPAN Edge will bring its expertise in access control and hardware solutions. Partisia will provide its Decentralized Identity solution and a platform for activating confidential data. With deep experience in enabling privacy-preserving use of personal information, Partisia addresses the complex challenge of proving identity without exposing sensitive data. Together, the partners empower users to selectively share and verify information from their digital identity wallet - maintaining full privacy and control throughout.
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"By combining TOPPAN Edge's expertise in access control with Partisia's privacy-enhancing technologies, this partnership will set a new market standard and usher in an era of innovation," said Mark Medum Bundgaard, Chief Product Officer at Partisia.
This partnership also seeks to merge the identities of individuals with unique identifiers through the use of Digital Identity Wallets. This integration of human and object identities is set to reshape digital interactions and data privacy.
"Together, TOPPAN Edge and Partisia are creating the foundation that will drive a new data economy, where private data can be utilized without compromising confidentiality, integrity, or availability," said Kurt Nielsen, CEO of Partisia and co-founder of Partisia Blockchain. "We are excited to support TOPPAN Edge on this journey towards the Trusted Web."
Shaping the future of privacy-preserving technologies with TOPPAN Edge
Besides partnering with TOPPAN Edge on digital identity solutions, TOPPAN Edge and Partisia plan to explore the next generation of the internet—Web3—by using Partisia Blockchain, with a focus on the Internet of Things (IoT) and Self-Sovereign Identity (SSI). The blockchain platform is designed to empower users by safeguarding data and will play a critical role in scaling the solution globally.
More on Rezul News
By using the Partisia Platform, TOPPAN Edge can create a whole new market with a platform that enables a new data economy, where private data can be put to work without compromising confidentiality, integrity or availability.
The solution, which is entirely software-based, enables individuals to securely control their private data from their mobile devices, enhancing data protection wherever they go.
"Japan is embracing blockchain technology to develop decentralized solutions for secure, verifiable identities," said Masatoshi Oka, Senior General Manager, IT Innovation Division, at TOPPAN Edge. "By combining this with our identity solution, we're making sure that privacy is never compromised, whether on the holder, issuer, or verifier side."
Global implications: Japan and Europe working together
"In terms of digital personal information management, there has been a growing awareness of issues related to IT platforms that amass large amounts of personal data. This has led to the rise of "Self-Sovereign Identity (SSI)" - Mark Medum Bundgaard, CPO at Partisia.
The Japanese government is collaborating with industry leaders to develop a trusted digital framework. One key initiative, The Trusted Web, seeks to create secure and decentralized data-sharing structures. Partisia and TOPPAN Edge's collaboration is aligned with this vision.
"We are delivering an innovative solution that holds the potential to strengthen connections between Japan and Europe. At Partisia, privacy is at the heart of everything we do," Bundgaard added. "We're proud to support TOPPAN Edge as they work towards secure, software-based alternatives that align with both Japanese and European privacy standards."
Japan's TOPPAN Edge is a business information management solutions provider and a subsidiary of the Tokyo-based TOPPAN Group, while Denmark's Partisia is a pioneer in Multi-Party Computation (MPC) and advanced cryptographic enforced privacy utilizing blockchain technology.
TOPPAN Edge will bring its expertise in access control and hardware solutions. Partisia will provide its Decentralized Identity solution and a platform for activating confidential data. With deep experience in enabling privacy-preserving use of personal information, Partisia addresses the complex challenge of proving identity without exposing sensitive data. Together, the partners empower users to selectively share and verify information from their digital identity wallet - maintaining full privacy and control throughout.
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"By combining TOPPAN Edge's expertise in access control with Partisia's privacy-enhancing technologies, this partnership will set a new market standard and usher in an era of innovation," said Mark Medum Bundgaard, Chief Product Officer at Partisia.
This partnership also seeks to merge the identities of individuals with unique identifiers through the use of Digital Identity Wallets. This integration of human and object identities is set to reshape digital interactions and data privacy.
"Together, TOPPAN Edge and Partisia are creating the foundation that will drive a new data economy, where private data can be utilized without compromising confidentiality, integrity, or availability," said Kurt Nielsen, CEO of Partisia and co-founder of Partisia Blockchain. "We are excited to support TOPPAN Edge on this journey towards the Trusted Web."
Shaping the future of privacy-preserving technologies with TOPPAN Edge
Besides partnering with TOPPAN Edge on digital identity solutions, TOPPAN Edge and Partisia plan to explore the next generation of the internet—Web3—by using Partisia Blockchain, with a focus on the Internet of Things (IoT) and Self-Sovereign Identity (SSI). The blockchain platform is designed to empower users by safeguarding data and will play a critical role in scaling the solution globally.
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By using the Partisia Platform, TOPPAN Edge can create a whole new market with a platform that enables a new data economy, where private data can be put to work without compromising confidentiality, integrity or availability.
The solution, which is entirely software-based, enables individuals to securely control their private data from their mobile devices, enhancing data protection wherever they go.
"Japan is embracing blockchain technology to develop decentralized solutions for secure, verifiable identities," said Masatoshi Oka, Senior General Manager, IT Innovation Division, at TOPPAN Edge. "By combining this with our identity solution, we're making sure that privacy is never compromised, whether on the holder, issuer, or verifier side."
Global implications: Japan and Europe working together
"In terms of digital personal information management, there has been a growing awareness of issues related to IT platforms that amass large amounts of personal data. This has led to the rise of "Self-Sovereign Identity (SSI)" - Mark Medum Bundgaard, CPO at Partisia.
The Japanese government is collaborating with industry leaders to develop a trusted digital framework. One key initiative, The Trusted Web, seeks to create secure and decentralized data-sharing structures. Partisia and TOPPAN Edge's collaboration is aligned with this vision.
"We are delivering an innovative solution that holds the potential to strengthen connections between Japan and Europe. At Partisia, privacy is at the heart of everything we do," Bundgaard added. "We're proud to support TOPPAN Edge as they work towards secure, software-based alternatives that align with both Japanese and European privacy standards."
Source: Partisia
Filed Under: Financial
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