Tuesday, August 9, 2022
Home Press Release European Digital Identity: Talao Announces Professional Credential Solution

European Digital Identity: Talao Announces Professional Credential Solution

- Advertisement -
Follow-Us-On-Google-News

talao

Paris, France, 27th July, 2021,

Talao, a blockchain-based Digital Identity specialist for the Human Resource industry, today announced a professional credential application to transform identity and data management for the Human Resources industry. The application is the first Decentralized Self-Sovereign Identity (SSI) solution built on the Tezos blockchain for the Human Resources industry. The digital wallet created by Talao will enable companies to issue verifiable professional credentials and for employees to store work history and other personal data.

“The Europe Digital Identity strategy is clear, companies will soon interact through Digital Identity Wallets with their employee and non-employee workforce. These applications will provide authentication, credentials exchange, messaging or documents signature. By building on Tezos and collaborating with Nomadic Labs and Spruce we aim to contribute to the decentralized infrastructure for the future of work. An infrastructure where privacy, security, simplicity and verified data are the norms.” explains Thierry Thévenet, COO of Talao.

Talao’s solution follows the European self-sovereign identity framework (ESSIF) recommendations to comply with the future EU Digital Identity toolbox. It is based on the Self Sovereign Identity model (SSI)  and W3C standards for Verifiable Credentials and Decentralized Identity (DID). It is powered by the Spruce Credible open source SDK, the first SSI wallet to use the Tezos blockchain as a register for its identifiers (DID). Credible uses an implementation of the Presentation Request Specifications of the W3C, which allows the exchange of credentials between SSIs.

Use case for the Talao credential wallet include:

  • Job seekers share their career records without multiple background checks and verification overhead and value their work experiences as certified credentials,
  • Companies reduce resume fraud and accelerate the recruitment of the best talent,
  • Freelancers prove their identity, skills and credentials when joining gig platforms, enabling frictionless onboarding. Platforms benefit from reducing fraud without collecting sensitive user data,
  • Companies and workers benefit from passwordless authentication, reducing the risks of stolen data and reuse of this data to compromise access to enterprise or talent assets.

Oana Ladret-Piciorus, Managing Director at Nomadic Labs, specialist of Tezos blockchain concludes, “We are excited to see Talao’s professional credential wallet facilitate citizens’ control over their identity and professional data. Congratulations to Talao’s for creating a fully open-source wallet compatible with the standard adopted by the EU for Digital Identity.”

The use of a fully decentralized wallet based on a public blockchain like Tezos offers unique advantages. The blockchain architecture gives users complete control over which aspects of their identity, data and certificates they share with third parties. The wallet provides a transparent history of shared data and allows users to track who shared what data and when.

The application will be available on Google Play Store and Apple App Store on the 15th of September. The full code will be released under MIT open source licence. 

Beta access is available upon request at [email protected] for companies wanting to experience blockchain in the HR context and to anticipate the deployment of the European Digital Identity framework proposed by the European Commission.

###

About Talao

Talao is a Paris based startup specializing in blockchain-based solutions for Talent Management and Human Resources. With Talao’s solution, companies can secure their HR process and ease workforce acquisition and retention. Learn more about Nomadic Labs at https://talao.io  and on Twitter @Talao_io.

About Nomadic Labs

Nomadic Labs is one of the largest research and development centers within the Tezos ecosystem. Based in Paris, it brings together more than 50 engineering researchers working on the development and evolution of the Tezos protocol. Nomadic Labs helps companies and institutions to use the Tezos Blockchain for their business needs, providing technical support in France, Luxembourg and Belgium. Learn more about Nomadic Labs at https://www.nomadic-labs.com  and on Twitter @LabosNomades.

About Tezos 

Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. For more information, please visit tezos.com.

 

Contacts
- Advertisement -

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

How Decentralized Finance (DeFi) Can Bank The Unbanked

In the world of blockchain, the vast majority of decentralized finance news focuses on how this industry can further innovate financial technology, improving existing...

Why Are Most P2Es So Boring?

P2E (play-to-earn) games have been around for quite a while now. Numerous platforms have entered the market, each trying something different and at least...

Keninah Takes Donation Blockchain To a New Level Alongside Cardano

The coin market has seen significant growth since the introduction of the first crypto asset – Bitcoin. The changes in structure, however, use cases,...

Mike Novogratz Says Ethereum Could Reach $2,200 Before The Merge

  Mike Novogratz predicts Ethereum might hit $2,200 or more before its Merge release. window.coinzilla_display = window.coinzilla_display ||...

FTX Partners Reddit to Enable Redditors to Utilize Their Community Points for On-Chain Transactions 

  Redditors can use community points for on-chain transactions via FTX Pay.  window.coinzilla_display = window.coinzilla_display || ; ...

Iran Makes First Crypto-Based Import Order Worth $10 Million

  The Iranian government makes its first payment in cryptocurrency for imports totaling $10 million. window.coinzilla_display = window.coinzilla_display...

PIXXTASY Project – Don’t Use. Just Own It.

PIXXTASY is the brainchild of Zoltán Egri, a man who overcame a two-year drug addiction and has since become a serious anti-drug advocate. His...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.