Wise Security Global, one of the leading global decentralized identity providers, continues implementing their solution Definitive_ID in different sectors. 

According to Gartner, “The market for decentralized identity will grow from $274 million in 2021 to $3.3 billion in 2031.”¹ With different solutions and approaches on the global market, Gartner points to Wise Security Global Definitive_ID as a vendor in which segment “aim to establish their own DCI networks involving issuers, holders and verifiers of claims to offer users a reusable, portable identity. These startups mostly offer an identity wallet in the form of a free application or account on which users can self-register to establish their identity.^”1

Wise Security Global understands this. That’s why Definitive_ID is one of the few decentralized identity solutions implemented and actually working in different clients and environments. 

“Anyone can have their data and credentials on a mobile device and be able to identify themselves in different scenarios. The use of blockchain technology ‘in the guts’ of this solution will facilitate each user’s control and privacy of their data” said Domingo Cardona, Wise Security Global Chief Executive Officer. (said Oscar Flor, Wise Security Global Head of Blockchain Digital Identity). 

To read more Gartner recommendations on the opportunities of decentralized identity, fill this form for complimentary access to this report.

¹Source: Gartner, Emerging Tech: Revenue Opportunity Projection of Decentralized Identity, Swati Rakheja, Michael Kelley, 9 September 2022. ‘GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.’

Wise Security Global is a leading cyber security company focused on addressing vulnerabilities and prevention, identity and authentication for businesses. Wise Security Global covers all dimensions of cyber security to create trusted and secure cyber environments.