Wipro Launches Blockchain-Based Credential Issue, Verify Platform – Crypto News BTC

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Joseph F. Kovar

February 22, 2023, 06:54 PM EST

‘With digital credentials, it’s essential return to the issuing group to confirm the credentials. It is a time-consuming and costly course of. However with DICE ID, you get credentials that may be verified with out the necessity to go to the orginating group,’ says Varun Dube, basic supervisor of Wipro Lab45’s DICE ID platform.

Wipro Lab45, the innovation lab of world system integrator and answer supplier Wipro, Wednesday unveiled its new Decentralized Id and Credential Trade, or DICE ID, a brand new platform which makes use of blockchain know-how to securely and rapidly permit customers to share personal data on-line.

DICE ID lets organizations present tamperproof digital credentials, mentioned Varun Dube, basic supervisor of the DICE ID platform.

“With digital credentials, it’s essential return to the issuing group to confirm the credentials,” Dube instructed CRN. “It is a time-consuming and costly course of. However with DICE ID, you get credentials that may be verified with out the necessity to go to the orginating group.”

[Related: Wipro Expands SAP Capabilities With Rizing Acquisition]

As an example, Dube mentioned, if a job applicant claims to have a grasp’s in engineering, a enterprise must contact the varsity to confirm that grasp’s. DICE ID would get rid of the necessity for that guide course of, he mentioned.

Wipro is ranked no. 15 on CRN’s 2022 Solution Provider 500.

DICE ID was created by Wipro Lab45 and quietly launched in August of 2022 as an open normal, Dube mentioned.

“Now if somebody points a credential to our platform, every other group on the platform can rapidly confirm that credential,” he mentioned.

Blockchain know-how is an important a part of the method, Dube mentioned.

“The credentials themselves are usually not saved in blockchain,” he mentioned. “That may make them public. As an alternative, we use blockchain to retailer the construction of the credentials, and so the credentials themselves are very personal. Verifying a credential on DICE ID interprets the credential from the construction within the blockchain.”

There’s a variety of potential use circumstances for a blockchain-based credential issuing and verifying answer, Dube mentioned.

The Bengaluru, India-based firm already has healthcare corporations utilizing DICE ID to confirm consumer data, academic establishments to confirm credentials, and companies seeking to confirm freelancers, he mentioned.

“We assume there will likely be a number of ecosystems on the platform,” he mentioned.

Wipro’s DICE ID platform is obtainable at no cost for as much as 200,000 transactions, after which prospects pays to entry it, Dube mentioned. Customers can both combine Wipro’s APIs for issuing and verifying credentials, or can be a part of the corporate’s community to get entry to production-ready Docker containers to get began, he mentioned.

Going ahead, Wipro expects to persevering with enhancing the consumer expertise of the DICE ID platform, he mentioned.

Wipro has an extended historical past of offering blockchain-based options all over the world, together with serving to handle hydrocarbon transactions for oil and fuel corporations and serving to handle the availability chains of pharmaceutical and medical organizations, he mentioned.

Joseph F. Kovar

Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-focused channel beats for CRN. He retains readers abreast of the most recent points associated to such areas as information life-cycle, enterprise continuity and catastrophe restoration, and information facilities, together with associated providers and software program, whereas highlighting a number of the key tendencies that impression the IT channel total. He may be reached at [email protected].