Events and News

Events and News

iGrant.io project chosen by EU-funded initiative to develop the next generation data exchange infrastructure

Event Details

  • Type: Press Release
  • As on: 13 April 2021

Share With

Description

iGrant.io, together with its partners, PrivacyAnt and Linaltec, is delighted to announce that it has been chosen to contribute to the eSSIF-Lab’s Infrastructure Development initiative that is developing open source technical enhancements and extensions to its self-sovereign identity (SSI) framework for SSI-based solutions.

The Automated Data Agreement (ADA) project will accelerate SSI adoption by connecting data agreements to a legally-endorsed data protection impact analysis (DPIA), automating the process from DPIA to SSI workflow.

The EU-funded European Self-Sovereign Identity Framework Lab (eSSIF-Lab) aims to advance the broad uptake of SSI as a next generation, open and trusted digital identity solution for the secure and efficient exchange of digital information

The eSSIF-Lab Infrastructure Development Instrument is providing support to innovators to make open source SSI components for the eSSIF-Lab Framework scalable and interoperable. As one of seven qualifying companies, iGrant.io will actively participate in a collaborative ecosystem to improve the vision, architecture and specifications of the eSSIF-Lab Framework and to ensure technical and process level interoperability.

Dr Oskar van Deventer, scientific coordinator eSSIF-Lab, says, “eSSIF-Lab is taking a huge step in advancing the broad uptake of SSI as a next generation, open and trusted digital identity solution for faster and safer electronic transactions via the Internet and in real life. As a certified MyData Operator, iGrant.io has a vital role to play in accelerating the adoption of SSI and driving interoperability in the MyData community as well as Trust-Over-IP.”

iGrant.io co-founder and CTO, Lal Chandran says, “We are thrilled to be selected as one of the front runner projects in the area of SSI and to be able to collaborate closely in a community of like-minded companies. With our partners we will take away some of the pain points and inefficiencies that organisations experience with respect to the transparency requirement regarding the use of data. By delivering a privacy-preserving, immutable active data exchange, our highly-auditable solution enables a secure and efficient exchange of digital information between businesses.”

Read here for further details on iGrant.io’s participation as an eSSIF-Labs Infrastructure partner.

ABOUT IGRANT.IO

iGrant.io is a brand owned and marketed by LCubed AB, a Swedish company founded in 2017 and based in Stockholm. iGrant.io is an SSI enabled consented data exchange platform with auditable data agreements, helping organisations unlock the value of personal data. It is a cloud platform for managing user preferences and consents for organisations, enabling organisations to exchange personal data and monetise their data assets while complying with data regulations. It provides consented data exchange services between data sources and data using services in a fully auditable manner. It enables distributed apps (dApp) where individuals can aggregate data from multiple data sources. The individual can control, grant permissions and transfer their personal data to any data using services in real-time. iGrant.io does not hold any data from the data source but provides the ability to verify the authenticity to any data using services.

For more information, please visit iGrant.io and founders@igrant.io

For iGrant.io:

Lotta Lundin, CEO
t: +46 730 371 100
e: lotta@igrant.io

David Goodman, CMO
t: +44 7866 360 800
e: david@igrant.io