Doubleknot is a proprietary method of rendering data anonymous, indecipherable, and unusable by anyone except an authorized user - in use, at rest, or in transmission. Doubleknot uses standard cryptographic and data management tools in a unique, proprietary form. It employs Zero-Knowledge and Zero-Trust data security principles to two layers of symmetrical encryption using AES256 (together meeting the NSA’s Type II encryption standard), combined with object storage for enterprise-level scalability. No single party holds the two encryption/decryption keys. Doubleknot protected data is incapable of brute force attack within the expected useful life of any protected data. Not even a future quantum computer would be capable of decryption of Doubleknot objects due to the proprietary structure of the Doubleknots. A Doubleknot object is simply an undecipherable string of data garbage in the hands of anyone (including Verai) except its rightful owner. Storing data in Doubleknot form will substantially mitigate many of the financial and reputational risks of holding data to which organizations are exposed today.
Bio Lock & Key is a novel approach to meeting the exacting demands of biometric security systems, while providing absolute protection of biometric reference data. The use of biometric identification is an important innovation in both physical and digital identity and access security systems and protocols. Existing implementations of biometric security approaches leave the enormously sensitive biometric reference data vulnerable to theft and compromise. If the theft of a social security number can create problems for identity theft, the misuse of biometric data can be orders of magnitude more serious. Imagine the future use of retinal scans or even DNA sequences to create synthetic digital identities that then commit fraud. Then imagine how difficult it would be for a victim to explain and fix the mess. The use of biometric data for identification purposes is being held back by its considerable potential threats to privacy. Verai will use Doubleknot, together with proprietary biometric data matching algorithms, to deliver a truly secure biometric engine where no unprotected biometric data is ever unmasked or exposed in a form that could be reused.
vExchange is a technology solution that combines data protection, identity and authority verification, with proprietary ultra-secure low-latency data transmission protocol to provide a point-to-point connection across the internet, mobile, satellite, and cloud networks that will be exceptionally resistant to interception. vExchange will have many potential applications in the financial domain, both traditional and decentralized, and for party-to-party secure messaging.