NFID Foundation Aims to Establish Decentralized Identity in Security Industry

The NFID Foundation’s launch represents a milestone in the evolution of self-sovereign identity (SSI) technologies.

NFID Foundation Aims to Establish Decentralized Identity in Security Industry

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ANN ARBOR, Mich. – The NFID Foundation, a non-profit consortium dedicated to promoting
self-sovereign identity (SSI) within the security industry, recently announced its official launch is coming April 2.

The foundation’s launch represents “a significant milestone in the evolution of self-sovereign identity (SSI) technologies,” according to the announcement. By attending the launch event, security industry professionals “will gain first-hand insights into the transformative potential of SSI technologies in the security industry,” the announcement says.

Empowering the Security Industry with SSI

The NFID Foundation’s founding members include companies in semiconductor, access control, biometrics and lock manufacturing. The group “seeks to revolutionize the ways we perceive and manage digital identities,” according to the foundation announcement.

The Foundation “will focus on unlocking new possibilities of transparency, trust, and privacy by establishing and maintaining a verifiable data registry designed specifically for the security industry,” according to the announcement.

“The NFID Foundation is poised to play a critical role in facilitating the broad adoption and standardization of SSI across the security industry, addressing the unique needs of physical security
applications and IoT devices” says Kabir Maiga, CEO at PassiveBolt and founder of the NFID
Foundation, in the announcement.

The NFID Foundation builds upon the work of self-sovereign identity standards bodies including
W3C, DIF, ToIP and the OpenWallet Foundation. The foundation “recognizes a need for specialized
attention to firmware and microcontroller implementations, whereas the current standards bodies are
primarily focused on web implementations,” according to the announcement.

“By aligning its insights and expertise to the unique requirements of the security industry and IoT, the NFID Foundation seeks to bridge this gap,” the announcement says.

“Our goal within the Foundation is to establish NFID’s self-sovereign identity (SSI) principles in physical access control, smart living, and mobility ecosystems,” says founding member Felix Putz of LEGIC. “SSI will emerge as a pillar of excellence supporting secure digital identities in a world under ever-increasing security threats.”

Join the NFID Foundation Movement

The foundation invites companies within the security industry to join as founding members, seizing the opportunity to shape the future of digital identity. Founding members will play a pivotal role in steering the development, adoption, and implementation of specifications optimized for the security industry, including access control systems, biometrics and physical security applications.

“We are setting a new standard in digital identity management,” says Zachary Klares, vice president at PDQ, a founding member of the NFID Foundation. “This initiative is crucial for the security industry, enabling unprecedented collaboration, innovation, and protection in our increasingly connected world.”

Manish Dalal, president and founder of ZKTECO USA, highlighted the forward-thinking aspect of the NFID Foundation.

“There are endless innovative ways to use this technology to improve security and privacy in the security
industry,” he says.

Exclusive Benefits for NFID Foundation Members

Members of the NFID Foundation will have the ability to:

  1. Influence the strategic direction and development of the SSI ecosystem within the security industry.
  2. Collaborate with industry leaders to drive innovation, standardization and adoption of secure, privacy-centric identity solutions.
  3. Access to exclusive resources, tools and certifications designed to enable companies with the latest in SSI technology.
  4. Leverage the NFID blockchain to develop and deploy advanced solutions that meet the demands of security-focused applications.

Rahul Parthe, chairman and chief technology officer at Tech5, says the NFID Foundation “enables us to create an all-inclusive digital ID ecosystem.

“The widespread adoption of digital IDs is essential, and having a platform that bridges the gap between
physical and logical access makes it possible,” he says. “We will collaborate closely with NFID to unlock its potential in the civil ID industry and beyond.”

Lee Odess of the Access Control Executive Brief and a thought leader in the security industry,
articulates the need for engagement.

“As our industry undergoes a digital transformation and moves from a cottage industry to a mainstream one, it is crucial to support and engage with cutting-edge technologies, groups and individuals,” he says. “SSI, NFID and its members embody this drive for innovation.”

Security industry companies and professionals interested in attending the launch event can email [email protected] to inquire about becoming a founding member.

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