Trending...
- KT Medical Staffing Expands Concierge Nursing and Private Duty Nursing Services in Orange County
- Edwards & Virginia Business Systems Announces Leadership Appointments
- All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
"Public and private sectors are to join forces in response to rising cybercrime and booming digital economy. The deep-tech Thai company aggressively paves the way for cutting-edge identity technology in APAC and beyond."
SINGAPORE - PennZone -- Bangkok, Thailand: The COVID-19 pandemic has transformed the world and accelerated the digital economy, where so much could be done easily at our fingertips. However, cybercrime is also on the rise as a result. According to a survey conducted by Pacific Prime Thailand, when comparing between February and March 2020, e-crime has risen by 37%. Its gross global damage is forecast to reach $6 trillion by 2021, twice as high as 2015.
As a result, security and privacy are becoming critical concerns for customers. Organizations can no longer focus on user experience and security only. Maintaining customer trust and loyalty requires privacy to be high on the agenda too. Finema is dedicated to helping organizations construct their digital identity infrastructures by providing self-sovereign and decentralized identity solutions, as well as accelerating international adoption of these technologies in cooperation with its partners.
More on The PennZone
"Because the world keeps progressing into the digital era, people should not lose the power to control their data and identity. Access to privacy and trustworthy authentication is a right, not a privilege, as we believe that it is the individual consumer's right to have control over their digital identity. By building an identity infrastructure that enables privacy and security, organizations can reduce their security risks, while also deepening trust and loyalty with their customer," says Pakorn Leesakul, CEO and founder of Finema.
Finema is the first decentralized digital identity company in Thailand and among the only few in Asia. Finema has developed proof and verification systems for digital identity under the paradigm of self-sovereign identity (SSI). Implementing distributed ledger technology involves a decentralized data registry and a data storage structure like blockchains. Their immutability and other defining characteristics allow for a platform in which digital transactions can be made fast and securely.
More on The PennZone
Currently, Finema is looking for strategic partnerships and actively fundraising in pursuit of penetrating the Asia-Pacific market in earnest, as well as accelerating its cutting-edge product development. This will help it achieve another significant milestone in changing the world with the power of decentralized digital identity and many other promising technologies, such as password-less authentication and zero-knowledge proof.
For more information, visit https://finema.co/
As a result, security and privacy are becoming critical concerns for customers. Organizations can no longer focus on user experience and security only. Maintaining customer trust and loyalty requires privacy to be high on the agenda too. Finema is dedicated to helping organizations construct their digital identity infrastructures by providing self-sovereign and decentralized identity solutions, as well as accelerating international adoption of these technologies in cooperation with its partners.
More on The PennZone
- Sugar Land's Social Scene Gets a Boost: Pep's Backyard Set to Open Near Constellation Field
- Joseph Nybyk (AKA Joseph Neibich) Guests On Octopus TV
- Mutant-Fueled Bio-Cyberpunk Shooter HoverGrease 2 Launches May 22
- Triple-Digit Growth, OTCQX Market Upgrade and a Rapidly Expanding Specialty Healthcare Platform: Cardiff Lexington Corporation: Stock Symbol: CDIX
- XRPPower Continues Strengthening Its Global AI-Powered Blockchain Ecosystem
"Because the world keeps progressing into the digital era, people should not lose the power to control their data and identity. Access to privacy and trustworthy authentication is a right, not a privilege, as we believe that it is the individual consumer's right to have control over their digital identity. By building an identity infrastructure that enables privacy and security, organizations can reduce their security risks, while also deepening trust and loyalty with their customer," says Pakorn Leesakul, CEO and founder of Finema.
Finema is the first decentralized digital identity company in Thailand and among the only few in Asia. Finema has developed proof and verification systems for digital identity under the paradigm of self-sovereign identity (SSI). Implementing distributed ledger technology involves a decentralized data registry and a data storage structure like blockchains. Their immutability and other defining characteristics allow for a platform in which digital transactions can be made fast and securely.
More on The PennZone
- Lick Introduces Pineapple Flavored Massage Oil — A Tropical Date Night Favorite Available on Amazon
- FutureLot Powers ADU Wizard for Massachusetts Clean Energy Center's Statewide ADU Resource Center
- ICT Innovations Releases ICTPBX Community Edition as Open Source Under Mozilla Public License 2.0
- Brett Furman Expands AI and Marketing Team to Better Help Home Sellers Navigate the Future of Online Search
- Maryland Personal Injury Firm Earns National Recognition in 2026 ELA Awards
Currently, Finema is looking for strategic partnerships and actively fundraising in pursuit of penetrating the Asia-Pacific market in earnest, as well as accelerating its cutting-edge product development. This will help it achieve another significant milestone in changing the world with the power of decentralized digital identity and many other promising technologies, such as password-less authentication and zero-knowledge proof.
For more information, visit https://finema.co/
Source: Finema
0 Comments
Latest on The PennZone
- Avery Headley Leads Major Stabilization and Modernization Initiative Across Bronx Affordable Housing Portfolio
- NewReputation's AI Sentiment Analysis Tool Reaches 2,500 Users as Businesses Demand Clearer Brand Intelligence
- CAPO Supply Announces Opening of Second Location in New Castle, Pennsylvania
- $224 Billion Growing Market in Life Settlements Presents Major Opportunity for New Policy Acquisition Business Plan: DLT Resolution Stock Symbol: DLTI
- Fyt-02 Launches on Kickstarter The Smart Sensor That Turns Any Chair Into a Posture & Movement Track
- YieldOMega Launches $DOUB Airdrop Campaign Ahead of TimeCurve Launch
- Kaltra Expands Microchannel Water Coil Line for U.S. HVAC Market With New Corrosion-Resistant Tube Technology
- Brewtay Coffee Partners with Alex's Lemonade Stand to Fuel Penn Wynne Volunteers
- White Coat Growth Launches to Help Medical Practices Attract More Patients and Scale with Confidence
- Collectibles EvoRelic Celebrates Stellar 4.8-Star Customer Rating
- Phoenix Hip-hop Artist Rhymi Hits 23k Monthly Listeners 12 Days After Album Release
- Pediatrician Launches "Confessions of a Detective Doctor" Children's Book Series
- Integrated Maintenance Platforms Are Transforming Aircraft Operations
- T. Jones Group's Cameron Jones Serves as Judge for the 2026 CHBA National Awards for Housing Excellence
- Derek Advanced Tracking Systems Revolutionizes Asset Monitoring with Advanced Technology
- The AI Direction Deficit: TripleTen Study Finds Staff Get Told to Use AI — But Not Trained to Use It
- Edwards & Virginia Business Systems Announces Leadership Appointments
- $29.8 Million Record Setting Q1 with Boosted Annual Guidance to $160 Million for Expanding Pre-Owned Boat Dealer: Off The Hook YS, Inc. N Y S E: OTH
- All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
- iatroX surpasses 500,000 clinical queries and expands specialist exam coverage