Thursday, December 7, 2023

Secure Digital Id Provider YOTI Exhibited the AIBC Malta Event

Say you leave one office. Do you think it would be easy to identify you in the later ones, or maybe you are not from the office you mentioned? Well! For such situations, Yoti has come to the rescue of many people.

Yoti is a platform with the sole mission of becoming the ultimate trusted website of the world. Initiated in 2014, it launched a free consumer app that stores all your IDs at one place in your smartphones that is readily available to every individual.

The Yoti app is built with privacy in mind, providing users with a secure way to share personal information with businesses and individuals. It was noticed that this company was available at the prestigious AIBC Summit held in Malta.

Now it’s time for the big announcement, and now it has more than ten million app downloads all over the world. They have added a suite of business solutions to its portfolio, including identity verification, age estimation, e-signing, and AI anti-spoofing.

How Does Yoti Work?

This is not a journey of one or two people but a team of experts who have contributed their hearts and souls to building a company like this. The group consists of policy advisors, think tanks, researchers, academics, humanitarian bodies, users, and everyday people.

If you wonder how they make money, then it should be noted that they have no plans of charging money from the users. Instead, they make money by asking the businesses to check the details of the customers they have mentioned.

The security is so tight that they themselves cannot mine or sell the data of the users to a third party. However, users in this platform can have all the access to their information.

To conclude, it is certified by B corp, and they are helping build a balance between the people and the planet. They are trying their best to involve the earth in every step they take so that they can do well for both parties at the same time.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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