Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- At Togggle, we believe in a human-centric approach to personal data: our goal is to ensure that users are the only entitled holders of their data and retain full power to control and manage them.
To turn our vision into reality, we rely on the PIMs (Privileged Identity Management) concept:
Users’ data are automatically stored in their personal POD, a secure and decentralized data storage.
As a result, users can now decide consciously which services and third parties can access their data and for what purposes.
Togggle’s PIMs require users to verify themselves once as all the credentials and information provided are ready to be reused as often as desired without going into the KYC process repeatedly.
From a company perspective, through our service is possible to efficiently decentralize KYC and considerably reduce storage and security costs, representing considerable expenses in the user authentication process.
This means **instant onboarding** for the people already verified into other platforms: in one click, all information is verified.
Companies will have access to even more data from an inter-operable perspective: decentralization will cut costs while offering a better-customized service thanks to comprehensive and consistent user data.
Links