Welcoming Sedicii to FinTech Connect!
Sedicii’s ground breaking technology allows parties to prove to each other that they both have exactly the same information without sharing it. Verifying identities without compromising privacy enables full process digitisation. Building this trusted Identity layer on top of any blockchain will eliminate identity fraud and provide anonymity with accountability.
Year Founded: 2013
How did the idea for the business originate?
The business was a spin-out company of technology developed at the National University of Ireland in Galway. The concept was expanded to investigate how zero knowledge proofs could be used to manage and secure digital identities in a fully regulatory compliant and privacy preserving way.
Do you have customers yet? If not, how far into your business lifecycle are you?
Yes. The business is at early stage development. Sedicii is collaborating
with many banks, government agencies and telco’s in varying degrees in many
countries around the world.
How have you funded your growth to date?
Seed round from high net worth individuals.
What would a successful year ahead look like for you?
2018 to date has been a great year with expansions to both our team and customer base along with advancements to the Sedicii technology. Closing out the year in style would see further progress with investor discussions which, in turn, would enable us to further develop our ground-breaking technology aimed at removing the risks of identity fraud, not to mention future new business innovations.
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