CycurID Technologies Ltd. is a Canada-based digital identity management and cybersecurity company that has developed a reusable digital identity app, imme™ (pronounced “I am I”), that uses adaptive artificial intelligence, biometric, authorization and zero-knowledge protocols to ensure full protection of user data without storing or storing individual credentials or data by CycurID or its partners.
Gord Jessop, COO/Co-Founder of CycurID, said: “We firmly believe that privacy, security and authentication are the cornerstones of everything in the digital economy. As a company, we strive to be the market leader in implementing security and privacy best practices in all online transactions. It was this thought process that led us to partner and collaborate with OMNIA.”
CycurID turned to OMNIA to provide additional privacy to a user’s transactions on the blockchain. OMNIA adds an extra layer to CycurID’s KYC and AML processes by enhancing its risk controls with real-time prevention tools.
DeFi transactions can be tracked even before they are mined, compromising a user’s privacy. OMNIA prevents this by obfuscating users’ off-chain data and protecting them from front-running attacks. OMNIA is the first blockchain infrastructure provider to protect systems from illegal activities in real-time and enables CycurID to embed a permanent privacy protocol in its imme™ wallet for DeFi swaps. In addition to the data protection layer, OMNIA imme™ provides users with a redundant node infrastructure for crypto transactions so that they never miss a transaction.
Cristian Lupascu, CEO and co-founder of OMNIA stated: “In 2021, OMNIA was the only pioneer committed to bringing off-chain privacy to the Web3 space. A truly private and secure channel can only be achieved by taking an end-to-end approach. OMNIA’s mission is to improve security and privacy for everyone across the Web3 space, and we look forward to working with the CycurID team, who share our belief in the right of individuals to privacy and digital security in the online world.”
