Government-led DID business, igniting revitalization

Blockchain-based DID (Decentralized Identifiers) is a service that allows you to verify your identity and manage your personal information by yourself through a distributed ledger that cannot be forged or altered.

As securing the reliability of non-face-to-face authentication becomes more important than ever due to the COVID-19 pandemic, blockchain-based DID is emerging as a core technology. DID is a next-generation authentication technology that realizes ‘Self-Sovereign Identity (SSI)’, which allows individuals to safely control and manage personal information away from the existing centralized identity authentication system. As this technology is recently introduced by public institutions and financial institutions, it is expected to be gradually introduced in various industries along with the expansion of services.

Raon Secure (CEO Lee Soon-hyung), a leading IT integrated security and authentication company, and Raon White Hat, a subsidiary, held the ‘Raon Media Day’ event online on the 13th and shared the results and progress of major DID business orders. In addition, with this year as the first year of expansion of the DID business, they announced a plan to expand the DID business to the private sector based on successful public references.

Raon Secure recently won major government-led DID projects, such as ‘mobile driver’s license service construction project’ and ‘military manpower office block chain-based e-wallet civil service construction project’, and is developing with the goal of opening the service within this year.

The mobile driver’s license service, built by Raon Secure in a consortium with LG CNS, the organizer, is based on blockchain DID technology, and through a strong security process, the driver’s license issued by the National Police Agency is stored in a personal phone and can be used online or offline. It is the first national digital identity card.

The blockchain-based electronic wallet civil service service introduced with the Military Manpower Administration issues some of the various military service-related certificates and confirmations issued by the Military Manpower Administration as DID-based electronic documents. In addition to civil service complaints, various services such as finance, telecommunication, and university leave/return can be conveniently used digitally.

Subsidiary Raon White Hat plans to expand its portfolio of security and authentication services by introducing various DID services this year. Actively participating in public DID projects such as the ‘2021 blockchain pilot project’ promoted by the Ministry of Science and ICT and the Korea Internet & Security Agency, DID service that can be used more closely in various fields of daily life, such as medical care and education, will be introduced in the second half of this year. After establishing a successful DID service reference in the public domain, we plan to provide convenient and stable DID service in the private sector based on this.

In order for the government-led various DID services to become a practical service to the public, there must be many services using Verifiable Credentials (hereinafter ‘VC’) issued by public institutions. For this, the active participation of private SP is required. A method of linking with a private service provider (hereinafter referred to as ‘SP’) to increase access to and revitalize the use of the public DID service currently under development was also introduced. Raon Secure plans to strengthen cooperation between relevant ministries and institutions to activate services with leading companies in each field. To this end, we plan to provide an easy and fast development environment so that private SPs can perform various VC verifications.

Raon Secure expects to see significant growth this year compared to last year through DID-based next-generation ID business development, DID government pilot project, and private service expansion planned for the second half of the year.

Raon Secure CTO (Chief Technology Officer) Kim Tae-jin said, “If the mobile driver’s license is introduced at the end of this year, people will be able to enjoy the benefits of DID technology that can prove ‘I am’ more conveniently and safely in the digital world.” Secure and Raon White Hat will continue to discover DID solutions and services closely related to our daily lives to greatly improve the convenience and reliability of our lives in the digital age.”

Reporter Hyang-seon Lee [email protected]


Source: 전체 – 넥스트데일리 by www.nextdaily.co.kr.

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