Wipro launches blockchain-based credential issue, verify platform
Security news
Joseph F. Kovar
“With digital ID, you have to go back to the issuing organization to confirm the ID. This is a time-consuming and expensive process. But with DICE ID, you get credentials that can be verified without having to go to the original organization, says Varun Dube, general manager of Wipro Lab45’s DICE ID platform.
Wipro Lab45, the innovation lab of global systems integrator and solutions provider Wipro, on Wednesday unveiled its new Decentralized Identity and Credential Exchange, or DICE ID, a new platform that uses blockchain technology to securely and quickly allow users to share private information online.
DICE ID allows organizations to provide tamper-proof digital credentials, said Varun Dube, general manager of the DICE ID platform.
“With digital credentials, you have to go back to the issuing organization to verify the credentials,” Dube told CRN. – This is a time-consuming and expensive process. But with DICE ID, you get credentials that can be verified without having to go to the original organization.”
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For example, Dube said, if a job seeker claims to have a master’s degree in engineering, a company must contact the school to verify the master’s degree. DICE ID would eliminate the need for that manual process, he said.
Wipro is ranked No. 15 on CRN’s 2022 Solution Provider 500.
DICE ID was created by Wipro Lab45 and was quietly launched in August 2022 as an open standard, Dube said.
“Now if someone issues a credential to our platform, any other organization on the platform can quickly verify that credential,” he said.
Blockchain technology is an important part of the process, Dube said.
“The credentials themselves are not stored in the blockchain,” he said. “That would make them public. Instead, we use the blockchain to store the structure of the credential, and so the credential itself is very private. Verifying a credential on DICE ID interprets the credential from the structure of the blockchain.”
There is a wide range of potential use cases for a blockchain-based solution for issuing and verifying credentials, Dube said.
The Bengaluru, India-based company already has healthcare companies using DICE ID to verify client information, educational institutions to verify credentials and businesses looking to verify freelancers, he said.
“We assume there will be multiple ecosystems on the platform,” he said.
Wipro’s DICE ID platform is available at no cost for up to 200,000 transactions, after which customers will pay to access it, Dube said. Users can either integrate Wipro’s APIs for credential issuance and verification, or can join the company’s network to access production-ready Docker containers to get started, he said.
In the future, Wipro expects to continue improving the user experience of the DICE ID platform, he said.
Wipro has a long history of providing blockchain-based solutions worldwide, including helping manage hydrocarbon transactions for oil and gas companies and helping manage the supply chains of pharmaceutical and medical organizations, he said.
Joseph F. Kovar