- December 19, 2013
- Richard Coady, Rob Leslie
- Identity Management, Fraud Detection, Security
- Sedicii develops authentication technologies enabling users to carry out transactions without the need to transmit passwords over the web.
Sedicii allows two parties that have access to the same information to prove to each other that they both have exactly the same information, or not as the case may be, without ever exposing the underlying information to each other in the process.
The technology can be applied to pieces of private information such as passwords, bank account details, credit card details or other identity attributes so they can be proven without the need to disclose or share the underlying information.
Sedicii is applying this patented technology to build an identity exchange where parties that have lots of trusted identity attributes in their databases can help others to confirm individual identity details without exposing, sharing or transmitting any of the information that they hold. The attributes that the organisation holds are transformed using the patented Sedicii process which makes the information unusable to anyone other than another Sedicii process or server.
They firmly believe that identity and the ability to accurately and quickly prove that you are who you say you are, is at the root of every commercial transaction. With Sedicii, this process takes only a second and is invisible to the end user. It will reduce fraud and help businesses to grow without having to worry about getting paid or keeping their customers' data safe.
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2F, 207 Old St.
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Techhub, 2nd floor, 207 Old St.
London, EC1V 9NR
Arclabs Research Center
WIT West Campus Carriganore
Mydex was added to CrunchBase in 2013
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