Toppan Edge partners with Partisia to launch a decentralized digital ID system using MPC and blockchain technology. This collaboration aims to strengthen privacy and security in digital identities and aligns with Japan’s digital framework goals. The partners will also explore ways to merge human and non-human identities and investigate Web3 technologies.
Toppan Edge has joined hands with Denmark-based Partisia to introduce a decentralized digital ID system that combines multi-party computation (MPC) with blockchain technology. This partnership aims to enhance privacy safeguards in the digital identities issued by Toppan Edge, a company from Japan. The integration of Partisia’s technology will allow users to manage their private data more securely, marking a significant step forward in digital identity security.
The collaboration focuses on scaling blockchain technology globally, ultimately aiming to foster a secure data economy with strong privacy protections and user autonomy. Toppan Edge brings its expertise in hardware and access control to the table, while Partisia contributes its innovative decentralized digital identity platform, aimed at harnessing private data in a secure manner.
This initiative mirrors Japan’s ambition for a verifiable digital framework as underscored in “The Trusted Web” initiative, while also reinforcing regional compliance with eIDAS, the EU regulation for electronic identification and trust services. Mark Medum Bundgaard, CPO of Partisia, expressed that this alliance is set to establish a new industry standard, driving innovation in the realm of secure identities.
Additionally, Toppan Edge and Partisia are working to unify both human and non-human identities using digital identity wallets. They believe that this integration could significantly improve digital interactions and protect user privacy. Kurt Nielsen, CEO and co-founder of Partisia Blockchain, highlighted the essential role of their joint efforts in shaping a new data economy, emphasizing that private data can be effectively utilized while maintaining confidentiality and integrity.
Both companies are also set to delve into Web3 technologies, focusing on the Internet of Things (IoT) and self-sovereign identity (SSI). Masatoshi Oka, Senior General Manager from Toppan Edge’s IT Innovation Division, noted that Japan is keenly adopting blockchain tech to develop decentralized, secure identity solutions. He reassured that privacy protections remain a priority for all parties involved—holders, issuers, and verifiers alike.
In summary, Toppan Edge and Partisia are making significant strides towards establishing decentralized digital IDs that prioritize privacy and security through advanced technologies like multi-party computation and blockchain. This partnership not only aligns with Japan’s digital framework goals but also aims to improve the overall landscape for digital identities globally. With plans to explore innovative solutions in Web3 and IoT, this collaboration is poised to lead the way in the evolving data economy.
Original Source: www.biometricupdate.com
