Digital identity system launched in Liechtenstein, utilizing technology from Austria.
In a significant leap forward for digital identity management, YOUNIQX Identity AG, a globally renowned specialist in signature and encryption technologies, has partnered with Nok Nok Labs to roll out the Principality of Liechtenstein's new eID system. This groundbreaking initiative, set to go live in 2019, marks a departure from the traditional smart card and username/password-based system, moving towards a native smartphone solution for enhanced security.
Lukas Praml, a board member of YOUNIQX, expressed pride in the trusting partnership with Nok Nok Labs, which has enabled this first rollout of the eID in Liechtenstein. Nok Nok Labs, a market leader in next-generation authentication, provides advanced authentication technology that ensures secure, scalable, and customizable passwordless authentication solutions.
As part of OneSpan, Nok Nok Labs delivers a platform designed to handle large-scale internet deployments, supporting all major devices and operating systems with developer-friendly tools. This facilitates modernization of authentication in diverse user populations and use cases.
The technologically robust platform offered by Nok Nok Labs is integral to implementing eID systems like that of YOUNIQX. It offers features such as phishing-resistant and privacy-enhancing authentication, transparent migration from legacy biometric systems, support for multiple authentication methods with minimal latency, adaptive security policies, and detailed auditing capabilities. Moreover, it ensures seamless cross-platform usability with passkeys that work consistently across web and mobile channels.
YOUNIQX uses production-secure technologies and open standards like OpenID Connect for secure and easy integration into existing systems. The new eID system will feature seamless FIDO integration for enhanced security.
In addition to the eID system, YOUNIQX Identity AG offers MIA (My Identity App), the world's first system with integrated identity management, and MICK (My Identity Check), a highly secure video identification procedure. The company also provides Chainlock, a secure cold storage for digital assets.
The new eID system is being developed by European Trust Service GmbH, a subsidiary of Austrian OeSD and CRYPTAS International GmbH, focusing on electronic identification/authentication solutions. For more information, visit www.youniqx.com and www.europeantrustservices.com.
This collaboration between YOUNIQX and Nok Nok Labs signifies a significant step towards a passwordless and privacy-friendly digital future. The new eID system, awarded in May of this year, is poised to set new standards in digital identity management.
- The partnership between YOUNIQX Identity AG and Nok Nok Labs, two leaders in their respective fields of encryption technologies and next-generation authentication, will bring advanced data-and-cloud-computing solutions to the digital identity management industry.
- The technologically robust platform provided by Nok Nok Labs, a market leader in advanced authentication technology, will ensure secure, scalable, and customizable finance transactions within YOUNIQX's new eID system.
- With its focus on phishing-resistant and privacy-enhancing authentication, and its support for multiple authentication methods in the cybersecurity domain, Nok Nok Labs' technology will play a crucial role in enhancing the security of YOUNIQX's new eID system, which is designed for seamless cross-platform usability.
