Uqudo partners with Staex to move Smart Ecosystem to a new digital age
2022-10-28
Combining the expertise of uqudo in building digital identity platforms and Staex's latest networking technology, the partners aim to build an identity layer for a seamless connection to government and private sector services.
Staex has entered into a strategic partnership with uqudo, the strongest digital onboarding company in the MEA region. With the sets of goals in common, both companies work towards valuable ideas to provide innovative solutions that would drive a digital economy and a smart future wherever it is required.
Staex has a track record of successful smart city projects in DACH region, while uqudo has built a localized product suite that understands the technical architecture for identity management within GCC countries. Having built the Federal Identity Program for the UAE, uqudo has developed a market-beating solution that provides governments and private sector firms an easy, rapid and secure way of acquiring new customers, verifying identities, validating transactions and authentication. uqudo's provision of services has been helping cities and municipalities to become smarter and more secure.
As government and private sectors digitize, it has become harder to do true identity verification of consumers and businesses. That's why we built uqudo to create a layer of trust and transparency when consuming products and services or transacting through digital channels. With the recent evolution of Smart Cities further highlighting the need for comprehensive identity management at the core of any ecosystem, our partnership with Staex will give consumers and businesses confidence that their personal information is protected and that they are in control of their identification.
By integrating uqudo identity system with Staex's market-leading distributed software solution, the two partners are offering a complete and holistic smart city solution. Together, they provide government institutions with a way of verifying and validating the identities of their local population for government services, passport services and visa services in under 60 seconds.
Since more of our lives and tasks are moved online, the machines that work on our behalf require robust infrastructures that are decentralized and distributed to safely and securely communicate and collaborate with others. Authentication and authorization are mission-critical components. Staex provides a dynamic lightweight network layer for new digital collaborators such as public-private engagements while uqudo offers proven digital identity technology. The combined solution safeguards our lives and actions in the digital world.
The solution can help banks, telcos and insurance companies open accounts and upsell products to the local population and new entrants via a hassle-free, digital ecosystem. Furthermore, they work at the forefront of innovation by intersecting digital health with identity management and consumer behavior. Through their technology, their customers can attach critical health information such as vaccination statuses to people's identity, enabling everything from seamless travel and tourism to event management.
At the heart of the proposition is to build an identity layer to facilitate a truly smart city that works with and for citizens. This layer would enable residents and visitors of cities to seamlessly connect their verified identities with their bank accounts and e-wallets, telco providers, insurance, and more so that residents and visitors a seamless journey with cross-validation of identity without having to go through cumbersome processes that require manual re-validation and re-verification every time a customer wants to consume new services.
About uqudo
uqudo is one of the most innovative digital identity companies in the MEA region. uqudo's mission is to develop cross-border and cross-industry digital ecosystems where the user is in control of their data. Building an inclusive, trust-worthy and sustainable internet of everything for all people and planet, uqudo is aligned with the United Nation's Sustainability Development goals to provide legal identity for all.
With an award-winning platform, uqudo pushes the innovation and global adoption of standards for onboarding and digital identity, driving digital transformation at a global scale with the focus on trust-worthy data sharing. Additionally, uqudo has been the recipient of numerous awards from the European Union, the UAE and the Kingdom of Saudi Arabia.
uqudo adopts advanced digital identity technology including biometrics, certified 3D liveness detection, NFC-based passport reading, cognitive document analysis, AI and blockchain. This enables users to experience a fast, secure and frictionless onboarding process whilst protecting the organization from fraudulent activities simultaneously ensuring the organizations are fully compliant with KYC, AML and CDD regulations.
About Staex
Staex GmbH is an award-winning software technology company that provides a unique software-defined infrastructure consisting of a secure overlay network and a service orchestrator, that gives you the freedom to install software wherever you want and operate global geographically distributed and fully decentralized infrastructure with the same ease as you operate your local network.
Right now, Staex is used by its customers as an easier to maintain, 5x faster and more secure alternative to VPN to provide global connectivity for IoT devices located in warehouses, manufacturing plants and offices. Staex can be deployed within days and provides a secure and global communication channel for data telemetry, software and device updates, and for general machine-to-machine communication. Staex is inspired by the proliferation of web 3.0, blockchain and crypto technologies that encourage the use of federated infrastructure, peer-to-peer communication and zero trust.
Staex is based in Berlin and originated in Deutsche Telekom in 2017. In 2021 Staex excubated from DT and later that year was honored with the Deep Tech Award by the Berlin Senate in recognition of remarkable deep tech innovations in the area of IoT and Industry 4.0.
Staex is a secure public network for IoT devices that can not run a VPN such as smart meters, IP cameras, and EV chargers. Staex encrypts legacy protocols, reduces mobile data usage, and simplifies building networks with complex topologies through its unique multi-hop architecture. Staex is fully zero-trust meaning that no traffic is allowed unless specified by the device owner which makes it more secure than even some private networks. With this, Staex creates an additional separation layer to provide more security for IoT devices on the Internet, also protecting other Internet services from DDoS attacks that are usually executed on millions of IoT machines.
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