This model isn’t merely a technological evolution; it’s a direct response to escalating regulatory demands. With frameworks like the EU’s eIDAS 2.0 setting global standards, industries are compelled to adopt decentralized or self-sovereign identities. Consequently, companies must embrace these transformative changes to remain competitive.
Seamless transition with Partisia's Decentralized Identity solution.
Organizations can quickly integrate our platform to begin issuing and verifying credentials in a decentralized manner instead of overhauling existing systems. Leveraging our extensive blockchain expertise, our solution empowers customers to build trusted, secure, and user-centric ecosystems ensuring compliance with emerging regulations while streamlining the adoption of decentralized identity principles across their apps and services.
The Challenge: Limitations of Centralized Identity
Imagine a world where your customer’s sensitive data is stored in a single, vulnerable repository. Centralized identity systems have long been the industry standard. Yet, they come with serious drawbacks:
Security Risks: High-profile data breaches at companies like Equifax and Yahoo demonstrate how a single point of failure can jeopardize millions of identities.
Inefficient Onboarding: Customers often endure repetitive identity checks and cumbersome verification processes, leading to friction and lost business. Thomson Reuters reports that as many as 89% of customers experience onboarding friction, with 13% switching to competitors.
Compliance Pressures: With regulations like eIDAS 2.0 (EU), APPI (Japan), and PDPA (Singapore) tightening global compliance requirements, companies must rethink how they verify identities while safeguarding their users' privacy.
For organizations such as identity verification providers (IDVs), identity and access management (IAM) companies, and KYC specialists, these challenges aren’t just technical hurdles—they’re strategic obstacles that can slow growth and erode customer trust.
The Solution: Decentralized Identity on the Partisia Platform
Partisia’s Decentralized Identity solution revolutionizes digital identity management by shifting control from centralized repositories to a distributed, user-centric model. Here’s how our solution transforms the identity landscape:
Reusable Identities: Once a user’s identity is verified, credentials can be seamlessly reused across multiple platforms and services, reducing duplication of effort and expediting customer onboarding.
Enhanced Security: Dramatically reduced risk of identity theft & data breaches by leveraging advanced cryptographic proofs and privacy-preserving technologies like zero-knowledge proofs (ZKPs).
Fast and Flexible Compliance: By design, decentralized identities are interoperable and verifiable, enabling quick adaptation to regulatory demands such as eIDAS 2.0 without overhauling existing processes.
User-Centric Privacy: Selective disclosure empowers users to solely share necessary information, protecting privacy and building trust through setting them in control of their own data.
Partisia’s platform integrates all the necessary software components—from SDKs and APIs to administrative tools for managing verifiable credentials and data registries—ensuring smooth, on-premises deployment that maintains control over sensitive data.
Why Partisia?
Partisia was founded in 2008 by global pioneers within Multi-Party Computation and advanced cryptography. While our core mission is to integrate Privacy Enhancing Technologies with the aim of improving data security, we also pride ourselves on being one of the best in the industry.
We are an innovative software company and a trusted partner empowering companies to operate and compute on encrypted data. Providing a platform where data from individuals, governments and private companies are able to stay encrypted and protected, and still fully enabled, creating the perfect balance between transparency and privacy.
Choose Partisia and get a partner based on expertise and knowhow, but most importantly trust.
Let’s redefine digital identity in your organization
Contact Partisia today at partisia.com and easily start to integrate decentralized identities into your organization.
