Tide’s new approach to digital identity allows the user to authorize the system instead of the system authorizing the user.
Melbourne, Australia / Accesswire / 9 January 2023 / The Tide Foundation has tested a new security paradigm in a joint research partnership with Deakin University. Tide unravels the paradox of “Who’s Protecting the Guardians?” Undermine today’s security dogma. That doctrine suggests that to secure something, it must be firmly fortified, all entrances must be locked, and guardians posted so that only authorized persons can enter. I’m here.
Today, it is typically an organization’s identity system that authenticates users and authorizes access to resources. This means that if this identity system, or the person controlling it, is compromised, all of the organization’s digital assets are at risk. This has proven to be her $7 trillion liability worldwide and poses a significant risk of liability and identity theft to all users.
Tide assumes Guardians can be compromised and strips them of their powers so that access can only be granted when combined with the powers brought by each user. The system tells the user, “Here’s the key you need for this visit, but it only works in your hand, not mine.”
“Adding barricades to doors when a burglar is already at home is redundant,” said Professor Robin Doss, director of Deakin University’s Center for Cybersecurity Research and Innovation. “Tide reverses the act of authentication from proving you are the right user to include ‘bringing your own rights’ that allows systems to use your data. ”
Tide’s new Self-Sovereign-Authority technology enables your organization’s IT systems to lock highly sensitive digital assets (PII, medical data, IP, finances, etc.) with highly secure keys so no one can access them . Even Tide, the tech developer, can’t access it.
Each user’s key is generated in a zero-knowledge process across the distributed network. Users log into your organization using passwords or multi-factor authentication over a distributed network. Essentially, users who want to access critical resources log in through Tide’s decentralized network, translating their identity into a digital entitlement to that particular asset. This capability is made possible by Tide’s breakthrough in distributed threshold multi-party cryptography.
Tide’s PRISM – Distributed authentication turns passwords no one holds into cryptographic keys
“By using a decentralized network, authority can be moved outside the platform, in the hands of a community that collectively holds a single key. This eliminates the need to trust anyone,” says Tide. Foundation co-founder Michael Loewy said. “However, unlike the blockchain world, where users face the challenge of managing their own keys, Tide’s authentication gives unobtrusive passwords the effective strength of Bitcoin his wallet, while allowing users His experience hasn’t changed at all.”
The collaboration between Tide and Deakin will be industry partners who are leading global password managers. End her users bring their own powers, and yet keep the passwords his manager’s knowledge end-to-end to zero, despite holding the user’s most sensitive secrets.
Tide already works with global IT companies such as NTT, leading ERP platforms and other technology providers to protect themselves and their customers.
About the Cyber Security Research & Innovation Center at Deakin University
CSRI is a strategic research center within Deakin University. Our cybersecurity researchers represent diverse sections of the academic field across his four Deakin faculties: Arts and Education, Business and Law, Health and Science, Engineering and the Built Environment. The CSRI team also includes adjunct industry professors who are experts working in the private sector. This holistic approach to cybersecurity research puts us in a unique position to collaborate and innovate in meaningful ways. For more information, please visit Cybercentre.org.au.
About the Tide Foundation
Tide is a deep tech startup developing true Zero Trust technology, allowing platform developers to lock systems with keys that no one else holds. Led by a team with leadership experience in cyber intelligence and enterprise software development, Tide is backed by a distinguished advisory and investor base of notable technology veterans, cryptography professors and policy makers. . Tide is a research partner at his Deakin and his RMIT University, has been awarded a National Research Council grant, has been championed by international bodies such as the Organization for Economic Co-operation and Development (OECD) and the UK’s Competition and Markets Authority, and has won numerous awards. has been awarded. Many Deep Tech Awards. For more information, visit Tide.org.
Media contact:
Erica Zaidenberg
hot tomato marketing
[email protected]
925-518-8159 mobile phone
sauce: tide
