(via TheNewswire)
As more businesses, venues and schools reopen to in-person activities despite a 4th COVID-19 wave, the Company broadens its capabilities to include vaccination credentials for health passports with biometric identity and government-based immunization records.
Using verifiable vaccine credentials for health passports, initially in
The LAVCE currently supports verifiable credentials by creating a Trust Triangle between theIssuerof a credential, such as a government, health provider, workplace or school, the credentialHolder(the data subject), and theVerifier(receiver of data) that is working to validate each unique data transaction. Far more secure and reliable than paper-based credentials, contract tracing forms, and traditional apps,the LAVCE and verifiable credentials can effectively reduce or eliminate fraud as all functions are supported by cryptographic blockchain solutions using theIndicio Network, the premier enterprise blockchain network for identity.
How does it work?
Personal data is controlled and secured by an individual or entity through the
A person holding verifiable credentials will be able to safely upload their personal vaccination records and validated health testing lab COVID-19 test results in one of two ways: They can use a self-attested form with electronic images of their electronic or physical vaccine records, or they will be able to directly import their government records through a user-managed secure execution environment process that is currently in development.
Once a person has their verifiable vaccine or test result credential, they can choose to share it with a business to be granted verified access to services and facilities. A person who uses a COVID-19 vaccine credential in this way has complete control over who can verify the credential, and the technology ensures that their Personally Identifiable Information (PII) cannot be accessed or tracked without their consent. LAVCE provides users with complete oversight and management over their digital identity and verifiable credentials.
Quick and easy verification for vaccine status with robust protection against fraudulent issuance is just one of many of the LAVCE’s important applications,”said
The LAVCE supports individual rights to access their vaccine records and to be able to provide them to a Verifier in an easy, secure, and safe way, and without divulging PII or other personal data.
The Company continues to meet with organizations to discuss opportunities with a wide range of industries, businesses and governments to support vaccination validation efforts with the hope to greatly reduce any chance of new outbreaks occurring without needing to compromise on venue capacity limitations.
Why is this important?
The LAVCE platform goes beyond paper and plastic cards, electronic emails and other non-verifiable forms of documentation, and looks to reduce fraudulent activities, but at the same time, the Company agrees that there is need for other inclusion methods, where a user does not have the technology or means to engage in a trusted environment.
For vaccination and health credential holders,
For credential Issuers and Verifiers, the LAVCE platform is available via a cost-effective SaaS subscription, creating an affordable and easy way to implement solutions to support the issuance and verification of digital health and other verifiable credentials that support a wide range of solutions including identity, access and qualifications that supports international standards for industry schemas and verifiable credential development.
“Indicio,
The vaccination credentials administered through the LAVCE will adhere to globally accepted standards, as
To encourage future adoption,
For more information, or to book a demonstration of the technology and how the LAVCE can assist your organization to support your reopening and health care objectives, please contact
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About Indicio - https://indicio.tech/
Indicio is the leading developer of decentralized identity blockchain networks and software designed to privately exchange and verify secure data. The company develops, runs, and hosts networks using the latest in Hyperledger Indy network monitoring tools and resources. It led the creation of Cardea, a complete architecture for verifiable and secure health records for
About Cardea. –https://cardea.app
Cardea is a complete ecosystem for the exchange of privacy-preserving digital credentials, open sourced as a project in
About
The Liquid Avatar Mobile App, available in the
The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) is being built to support all participants in a digital credential ecosystem, including the Holder, Issuer and Verifier, using state-of-the-art blockchain and open standards technologies initially as a node on the Indicio Network. The Company is a voting and steering committee member of the Trust over
The Company has a suite of early-stage revenue generating programs that support the Liquid Avatar Mobile App program, including KABN KASH, a cash back and reward program that has over 500 leading online merchants and coming soon, an integrated offering engine. In
The Company's subsidiary,
The Company also trades in
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Chief Executive Officer
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ir@liquidavatar.com
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Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”.
The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding anintegrated offering engine, statements regarding the future capabilities of LAVCE or the operation of an Indicio Network Node, statements suggesting LAVCE or an Indicio Network Node will be successfully launched and integrated into the
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. With respect to (i) the future launch of anintegrated offering engine, this is based on the fact that the Company has substantially completed the current build of the platform as specified and that the Company believes that there are currently there no material outstanding items; (ii) statements regarding the future capabilities of LAVCE or an Indicio Network Node, the Company has assumed that the current blockchain technology and infrastructure will remain substantially unchanged, and that new technologies will need to be developed; (iii) statements suggesting LAVCE or an Indicio Network Node will be successfully launched and integrated into the
Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: failure to obtain necessary approvals from governments and other jurisdictional regulatory bodies; lack of sufficient capital to expand the Company's geographic footprint or to add new features to the Company's offerings, including to launch anintegrated offering engineand to successfully complete the development of and launch and integrate LAVCEor an Indicio Network Node; unanticipated interruptions or changes to the integration with Vector Perimeter System; changes in general economic, business, and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
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