ID Crypt Global: Launches decentralised security infrastructure

ID Crypt Global: Launches decentralised security infrastructure

  • ID Crypt Global security provider launched a decentralized security infrastructure for financial services
  • The patented solution named DPKIps, allows financial institutions to move away from costly Public Key Infrastructure (PKI)
  • To date, payment systems use centralized Public Key Infrastructure (PKI) to help secure payment messages
  • This is achieved as the PKI allows the encryption and creation of digital signatures based on private keys created by the PKI
  • Within financial services, centralized PKI solutions are commonplace, used by payment systems and secure messaging platforms
  • Centralised solutions like PKI are single points of failure, not just in terms of operational resilience

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