Digital Platformer Inc. has officially released “MySov,” a next-generation digital ID solution that utilizes decentralized IDs (DIDs) and verifiable credentials (VCs).
This solution is an expanded version of “SHIKI,” which was implemented for banks and local governments in 2024, and is a new model that significantly enhances the scalability and security of IDs from the conventional identity verification using My Number. It provides advanced distributed security that combines MPC (Multi-Party Computation), blockchain, and biometric authentication, enabling the use of safer and more flexible digital IDs.
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In addition, as a digital ID infrastructure for the Web3 era, MySov will support the formation of DAOs (decentralized autonomous organizations) and also address new use cases for digital asset management and identity verification using NFTs.
SOURCE: PRTimes
