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Hypersign

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News

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International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.
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Luis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.
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Arif Mukhtar

What is Hypersign?

Hypersign — an identity and access management solution that ensures your employees and customers are what they say they are.

Contents:

  1. About the Hypersign project
  2. More about the platform

About the Hypersign project

Hypersign — a decentralized identity and access management infrastructure for the enterprise. It uses technologies such as public key infrastructure (PKI) and blockchain to provide password-less authentication, and authorization and verification services that integrate in minutes and are compatible with legacy IAM systems at an affordable cost.

Hypersign is working on an issue-check paradigm concept that has three stakeholders:

Users Access the services and store their personal data (end users).
Issuer Someone who validates user data and issues credentials, based on user data (identity provider).
Verifier The one who validates the credentials. That is, the service provider.

The Hypersign protocol distributes responsibility for release, storage and verification among stakeholders. The verified credentials contain the user's data along with the digital signature of the issuer. At this point, the issuer does not need to store user data and can act as a stateless server. If desired, the Issuer can store the data in encrypted form for recovery or access in the future.

The end user can store verifiable credentials in any user agent, such as a mobile device or cloud agent, to which only they have access. This gives the end user control over their personal data.Hypersign

The user can provide these credentials to a peer-to-peer service provider without notifying the identity provider or issuer when they want to use the service. This gives the end user a sense of privacy that is not tracked. Before sharing verifiable credentials, the end user also attaches their digital signature to the document.

More about the platform

The site contains a brief description of the project and its main advantages. Also, an introductory document has been developed. Subscribe to the Medium blog to stay updated on the news. RoadMap notes future updates to the project.

Also, there are social networks:

  • twitter;
  • telegram.

The smart contract has not been audited.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.