ShareRing Vault is a digital passport for users for verification
Privacy is inviolable. It is held in such high regard, and the law ensures the preservation of this human right. The quest to ensure that everyone’s right to privacy is maintained forms the core of crypto and blockchain. Each batch of transactions in the blockchain is inherently private. Only authorized parties can disclose the identity of the parties behind each transfer.
ShareRing, through ShareRing Vault, shares this vision of protecting what really matters to each user. Regardless of their location, citizens’ details should be protected from misuse by third parties. Their geographical location, wealth, age or other segregating factors do not matter.
ShareRing has rolled out several solutions. However, some of its core products, notably the ShareRing Vault, are anchored on the ShareLedger blockchain. Recently ShareRing announced several improvements to ShareRing Vault. Through ShareRing Vault, the platform can secure what really matters: personal information in the custody of individuals or entities. ShareRing aims to enable the creation and use of self-governing verifiable credentials across web2 and web3. This means that their solutions are accessible to everyone, regardless of their technical knowledge in regular publishing, i.e. web2, or the blockchain-enabled ecosystem of web3 where the possibilities are almost endless and the power is granted to end users via a trustless base layer governed by smart contracts.
ShareRing Vault is user-facing, privacy-centric and easy to use for all users. A notable feature of this solution is that it is quickly accessible through the ShareRing app. The mobile application is available for both iOS and Android users. As in any other application, all you need to do is download, install and then follow the instructions to access ShareRing Vault. Using the vault guarantees users that they can secure all their private details because data is stored locally on their devices. At the same time, users always have control over documents such as health records, passports and more. With identifying documents within reach of users at all times, they will always have priority to access exclusive areas where digital verification is required.
Once they verify their identity, ShareRing Vault protects this information from unauthorized access by non-approved third parties. At the heart of this application is enterprise-level encryption and privacy levels, where the user always has the freedom to choose which documents to share at any time. Convenience of navigation inside the Vault is further ensured by users’ ability to filter uploaded content directly from the ShareRing app.
Previously, ShareRing launched Skinny ID to make onboarding easier for users. With Skinny ID, users only need their email address and full name to create a ShareRing account and access all the features available on the ShareRing app.