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NuID provides a decentralised authentication solution that eliminates the need for enterprises to store, manage and protect passwords and other user authentication data.
Enterprises that implement NuID’s solution eliminate the risk of a password breach altogether. NuID leverages zero knowledge cryptography and distributed ledger technology to remove the need for users to trust anyone with their passwords or other sensitive authentication data. The NuID platform leverages advances in zero knowledge cryptography combined with distributed ledger technology to enable end-users (customers or employees) to prove that they know their authentication secrets without having to reveal them or send them across a network. This creates a “trustless” system, where end-users own their own authentication data and no longer have to trust services to protect it. The solution comes in the form of a lightweight REST API that functions as a thin layer within a larger enterprise IAM stack. NuID’s unified protocol for strong authentication is factor agnostic: it supports passwords, tokens, and biometrics—enabling businesses to reduce security risks and streamline the user experience.
Legal Name
:
NuID, Inc.
Headquarters
:
New York, New York, United States of America
Founding Date
:
2017
No. of Employees
:
<10
Core Team
:
1.
Locke Brown
Co-Founder & CEO
2.
Nolan Smith
Co-Founder & CTO
Total Funding
$4.1M
Investors
:
1.
K50 Ventures
2.
8VC
3.
Kairos Ventures
4.
Jemison Investment Company
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