1Kosmos to Demonstrate Breakthrough in Reusable Verified Credentials at FinovateFall 2023

September 06, 2023 at 09:03 AM EDT

Unique capability enables companies to perform digital verification for zero knowledge proof such as confirming your age without revealing a birth date

1Kosmos, the only company that unifies identity proofing and passwordless authentication, today announced that it will demonstrate reusable verified credentials, a unique capability enabling banks, brokerage firms, and insurance companies to perform tamper evident and trustworthy digital verification for zero knowledge proof use cases, on September 11 at FinovateFall in New York City.

WHO: Sheetal Elangovan, Product Manager, for 1Kosmos is responsible for the admin experience on the BlockID platform and product design lead for the company’s products.

Jens Hinrichsen, SVP, North American Sales for 1Kosmos has held senior sales and marketing roles at NuData Security and Versafe (now F5).

WHAT: Financial institutions globally grapple with detecting fraudulent physical and digital identity credentials. At FinovateFall, 1Kosmos will showcase reusable verified credentials, a unique capability enabling banks, brokerage firms, and insurance companies to perform tamper evident and trustworthy digital identity verification. These credentials are machine verified and then accessed via an identity-backed digital wallet controlled by the user for use in applications such as zero knowledge proof of age that does not require exposing a birth date. Reusable verified digital credentials are pivotal for Web 3.0, and will disrupt financial services by facilitating high trust interactions with customers and sensitive on-the-go activities without manual reviews common for physical ID checks.

WHERE: The Marriott Marquis Times Square, New York

WHEN: Monday, September 11 at 5:28pm

HOW: To schedule a conversation with 1Kosmos, contact Marc Gendron at marc@mgpr.net or +1 617.877.7480.

About 1Kosmos

1Kosmos enables passwordless access for workers, customers and residents to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST 800-63-3 via Kantara, FIDO2 and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. The company is funded by Forgepoint Capital and Gula Tech Adventures with headquarters in East Brunswick, New Jersey. For more information, visit www.1kosmos.com and follow us on Twitter and LinkedIn.