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By using Qredo’s platform, privacy can become a business enabling feature by increasing customer confidence and reducing the risk of personal information being leaked by attack.
About
Technology has transformed our world of relationships. In Life, we shop and bank online and at call centres far away. We have hundreds of friends we’ll never meet. We work from home and on the road. In Business, we may never know our customers or suppliers, even our workforce. Yet regulatory requirements are ever tougher. In Society, government, health and education are going digital. We Facebook and Twitter to the globe. This new world of remote relationships has brought exciting benefits. And with them, new fears and dangers. How can Know Your Customer trust people we'll never meet? How can we keep our identity, data and communications private? What about surveillance by commerce and institutions? Can we protect against data breaches, even cyber-bullying and exploitation? Could payments be as private as cash? Can things be safe and simple once more? Qredo is the technology platform to tackle these problems, restoring trust, confidence and privacy to our Lives, our Businesses, and our Society. Today, Qredo is working with the world’s leading companies to bring them new lines of profitable business. To tackle the new problems of remote relationships and exploit the new opportunities. What is the Qredo Platform? Qredo is a distributed cryptographic network. People (and industrial or financial assets) get their own secured information Vault to which only they have any access. A lightweight, naturally anonymous session-establishment protocol called Rendezvous connects any players in untraceable, persistent, asynchronous, secure communications, called Conversations. The Qredo Platform includes services for attribute-based attestation, so that consumers of identity and user data may authenticate it. An employer can check candidates’ employment history, education and criminal record; a parent can check a babysitter’s age and references; a lender can verify an applicant’s income; a barman can get over-age proof. Qredo Cash is a vital component of the Qredo Platform, as well as a consumer payment service. It is based on a real cash analogy where users withdraw cash, and can deposit it at a virtual ATM. In normal use Qredo Cash is anonymous and payment endpoints are unlinkable and untraceable. Anti-money laundering and other compliance aspects are built into the core design. As a platform component, Qredo Cash enables both the ‘coin-operated API’ for basic Platform usage and ‘coin operated apps’, which together enable Operators and app publishers to monetize their services and products on a pay-as-you-go basis With expert partners, Qredo is building out Platform layers to enable the Industrial Internet of Things, and the Internet of Financial Assets. Device-based services work with the above componentry to support new classes of life, business and social applications. Qredo is an open architecture, and we wish to embrace wide-ranging third-party componentry in Identity, Attestation, Authentication, Payments and other services.