Put company on watchlist
Dynamics Group AG
ISIN: -
WKN: -
Dynamics Group AG · Newswire (Company)
Country: Schweiz · Primary market: Schweiz · EQS NID: 1929235
20 June 2024 08:00AM

Procivis AG wins tender from the U.S. Department of Homeland Security (DHS)


Dynamics Group AG / Key word(s): Miscellaneous
Swiss innovation in the global spotlight: Procivis AG wins tender from the U.S. Department of Homeland Security (DHS)

20.06.2024 / 08:00 CET/CEST


Press Release

Swiss innovation in the global spotlight: Procivis AG wins tender from the U.S. Department of Homeland Security (DHS)

As part of the DHS Silicon Valley Innovation Program (SVIP), Procivis will work on digital open-source wallets and verifier components for decentralized digital identities and presented during the SVIP Demo Week from May 21-22, 2024, in Alexandria, VA.
 
Zurich, June 20, 2024
The Switzerland-based startup, Procivis, a leading provider of digital identity solutions, has been selected by the U.S. Department of Homeland Security (DHS) for the Silicon Valley Innovation Program (SVIP). As part of this program, which focuses on privacy, security and interoperability among different digital identity protocols, formats, and credential systems, Procivis will further develop its pioneering Provicis One solution for the DHS.

Procivis will work together with other selected companies on the privacy, security and interoperability of digital credentials and protocols required from DHS. The award to Procivis underscores the DHS's confidence in Procivis, with its experts and its innovative software solution, Procivis One, for secure, decentralized digital identities.

Procivis One is a modular end-to-end solution for digital identities and credentials that meets all technical specifications for the Swiss E-ID ecosystem, the European eIDAS 2.0 regulation, DHS requirements, and many other requirements. Due to its modular and flexible architecture, additional requirements can be quickly integrated.

Procivis One was developed from scratch by a team of experts, with a focus on flexibility, privacy, security, and scalability. Procivis One can be installed and operated independently by our customers. As a result, our customers have full control, privacy, and sovereignty. It also allows for seamless integration into existing e-ID systems and mobile apps.

As part of the SVIP, Procivis Co-CEO Andreas Freitag demonstrated Procivis One during the Demo Week from May 21-22, 2024.

Features of Procivis One:
  • Privacy: It meets the highest standards of privacy protection, such as decentralized data storage, data minimization, and Privacy by Design. 
  • Operation & Control: Procivis One can be installed and operated anywhere. Control lies entirely with the operator.
     
  • Deployment-Ready: This new solution meets all the requirements for productive use in authorities and companies, including support and further development.
     
  • Flexible: The Procivis One architecture includes various protocols, is expandable, and meets national and international requirements, such as the draft of the Swiss E-ID law, the updated eIDAS 2.0 regulation, and the requirements of the DHS.
     
  • Performant: The Procivis solution is suitable for millions of users and millions of E-IDs and other verifiable, digital credentials and information. 
  • End-to-end: Procivis One includes all the modules necessary for an e-ID or other systems, including issuance, management (wallet) and verification of digital credentials. And it can also be used modularly.

Procivis AG is an established Swiss technology provider for digital identities, which launched the pioneering software solution Procivis One for decentralized digital identities and verifiable digital credentials in 2023. Procivis AG is since 2021 an independent subsidiary of Orell Füssli AG, a pioneer in security and education.

Contact:

Procivis AG
Dietzingerstrasse 3
8003 Zurich
+41 44 523 65 35

media@procivis.ch
www.procivis.ch


 

Additional features:

File: MM_DHS_Procivis_2024 06 20_en


End of Media Release


1929235  20.06.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1929235&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
smart.AD

Trading Solutions for Professionals

  • 25 kinds of clusters
  • 26 world exchanges
  • 14 different charts
  • 58 necessary for analysis indicators
  • 50+ customized templates for charts


Get your free Demo today

Member of 3R/RSQ Network
Digital Content
Network Alliance
Transparency - Reliability - Credibility
Information regarding Product Information
Saturday, 13.07.2024, Calendar Week 28, 195th day of the year, 171 days remaining until EoY.