Liechtenstein Adopts Digital Identity System, Derived from Technology Originating from Austria
In a significant move towards enhancing digital security, YOUNIQX Identity AG, a subsidiary of the Austrian State Printing House, has partnered with Nok Nok Labs to implement a FIDO-certified multi-factor authentication (MFA) for the upcoming eID system in the Principality of Liechtenstein.
YOUNIQX Identity AG, known for its focus on secure digital identities, will leverage Nok Nok Labs' expertise in next-generation authentication solutions. Nok Nok Labs offers a passwordless authentication platform that supports a wide range of devices and operating systems, ensuring secure, scalable, and user-friendly authentication for organizations, including those in regulated sectors.
The new eID system, set to launch by the end of the year, will offer users a secure and user-friendly digital identity. This system is expected to improve security, reduce operational costs, and enhance user experience, making it suitable for government and financial use cases.
Lukas Praml, CEO of YOUNIQX, expressed his excitement about the partnership, stating, "Nok Nok Labs fits perfectly into our portfolio, and we are proud of our trust-based partnership." This collaboration marks a significant step forward in YOUNIQX's mission to provide secure and user-friendly digital identities.
Since 2017, Nok Nok Labs has been a partner of YOUNIQX, contributing to their portfolio with their S3 Authentication Suite, SDKs, and SaaS, which allow customers to leverage the latest biometric authentication technology available on their devices.
YOUNIQX Identity AG also offers MICK (My Identity Check), a highly secure video identity authentication, and Chainlock, secure cold storage for digital assets. The company is a globally successful, leading specialist in electronic identification and authentication solutions, as well as signature and encryption technologies, as demonstrated by its subsidiary, CRYPTAS International GmbH.
For more information about YOUNIQX Identity AG and their new eID system, please visit www.youniqx.com. For details about European Trust Services GmbH, another subsidiary of the Austrian State Printing House, which has been chosen for an eID system in Liechtenstein, visit www.europeantrustservices.com.
Technology plays a crucial role in the partnership between YOUNIQX Identity AG and Nok Nok Labs, as they collaborate to implement a FIDO-certified multi-factor authentication solution for the upcoming eID system in Liechtenstein. The expertise of Nok Nok Labs in next-generation authentication solutions, including their passwordless platform that supports various devices and operating systems, is key to ensuring cybersecurity in this digital identity system.
