Press Release

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Press Release

ICONLOOP joins public-led project to protect privacy in 5G environment

Author
아이콘루프
Date
2020-05-27 16:14
Views
2282


ICONLOOP will take part in a government-led effort to develop DID and security technology that can protect privacy in a 5G environment.

ICONLOOP announced that it’s joining the project led by the Institute of Information & Communications Technology Planning & Evaluation (IITP), a publicly operated ICT research and development institution.

The project IITP focuses on developing privacy protection technology to help in the use of DID in 5G service environments, as well as security technology for digital ID wallets and for managing digital IDs for multi domains.

ICONLOOP is tasked with developing technology for an integrated DID interface that can help share DIDs across blockchain platforms and a prototype to issue and use credentials.

ICONLOOP plans to integrate the technology developed during the project into its “MyID” DID solution and enhance its technology to link blockchain platforms.

Networks powered by 5G technology promise to make life more enjoyable, more efficient and more convenient, but they also pose serious security and privacy risks.