The issue of security and data breaches has been one major problem faced by the most sophisticated technological organizations. Moreso, present and past measures to ensure the safety of user data have been totally powerless in the face of brutal attacks.
One of the common security measures we know is the use of One time Passwords(OTP). Which relies on SMS messages to secure user data but what happens when this channel is compromised.
There is a need for a more sophisticated measure and method to secure user data and so come Hypersign.
Hypersign is a decentralized privacy-preserving, securing, identity, and access management protocol with an infrastructure built solely for large enterprises and projects. Its core essence is to protect user data and reduce the risks of protected and stored data getting leaked.
Enterprises, crypto projects, and organizations that hold delicate user data can rest knowing that Hypersign protocol is built with the latest technology with public-key infrastructure/cryptography and blockchain technology to provide a hackerproof solution.
In addition, Hypersign works on the concept of the Issuance-verification paradigm, a security system that needs 3 core stakeholders to properly function.
The three stakeholders are-
The user, the issuer, and the verifier.
The user is the end-user of whatever platform their data needs to be secured on. The Issuer is the stakeholder who verifies the user data and issues credentials based on stored user data, while the verifier is the one who verifies the credentials issues by the issuer and then serves the end-user the services they want after successful verification.
This seamless interoperation makes it possible for Hypersign to provide passwordless authentication at speed while still remaining compatible with legacy IAM systems.
Of course, securing user data comes with deep technology and programming processes but one thing is sure, with Hypersign, your data is more secured than ever.