Yourid Foundation
YourID is a foundation that offers end users, governments and businesses a single, convenient, re-usable and highly secure identity solution. With YourID, users can reliably confirm their identities across a range of services and platforms using a single credential, and with minimum friction and maximum control over private information. YourID offers compelling advantages to the end user and the best user experience: • Convenient Access for all online situations after a one time on-boarding. Using the biometric sensors on smartphones, YourID eliminates the need to remember passwords and enables instant access to any online account, after a simple one-time only enrolment process. • Security. Through the combination of various proven, certified technologies and a meticulous architecture, YourID delivers the highest form of security and remote identification. • Privacy. YourID’s Swiss foundation and technological architecture guarantee the highest form of privacy for the individual and participating partners. Where previous attempts to establish universal ID failed, YourID will succeed thanks to 4 key pillars: 1. Technology Agnostic: A flexible range of partners offer the most appropriate technology for any given situation, instead of relying on a single technological solution. Cross-industry Collaboration: YourID will be controlled by a wide variety of stakeholders from various industries, including leading websites and online platforms. Shared Cost: Free for the end-user, while participating platforms reduce costs for IAM up to 95%, since these costs will be shared between them due to re-usable identities. Data Enrichment Through Consent: Users can choose to complete their profile with additional, private information, for example financial information, medical details or data from a smart watch. This way, through explicit consent, users have the option to enrich data for companies, and receive benefits in return.
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