Watch our ÖID Concept Video
ÖID
Austrian ID: the decentralized approach to identity management
Individuals and organizations are often not in control over their own identities. Personal information is regularly shared without awareness and is a centralized source of sensitive data for hackers. Compliance and regulations are also driving change for new identity solutions.
ÖID is committed to creating a decentralized approach to identity management – enabled by blockchain.
The term "ÖID" is used to describe a blockchain based tool in the Austrian identity management concept that makes it possible to provide electronic services for public administration employees and customers in a simple and secure manner.
Background Story
Let’s do a small experiment. Imagine a world where immediately upon birth, the individual’s name, date and time of birth, parents and other data are recorded and stored in a distributed ledger. This individual, who is only hours old and her/his parents own that data and record and not a company, state or federal government. The individual cannot lose its identity, nor a mistake can happen. This identity can be used to register for school and get health care and social services access.
At some point in their life, an individual takes sole possession of their identity and can use that identity in order to establish social media accounts (no fake accounts and fraud), open bank accounts, sign contracts and so on. This is the use of distributed ledger technology.
With ÖID this is not imanginary any more but doable.
OUR TECHNOLOGY:
Our technology solution was developed using advanced Artificial Intelligence (AI) techniques. We use Machine Learning (ML), Natural Language Processing (NLP), Natural Language Generation (NLG), Computational Linguistics and Sentiment Analysis techniques to analyze online media and social media data.
OUR PRODUCTS
SEPA provides a comprehensive analysis and comparison of online media and social media sources to help you develop effective brand management strategies.
SEPA helps you with the following:
- Identify and cluster relevant news stories, their specific areas of focus, measure their impact, summarize them for easy understanding and analyze their sentiment (positive, negative or neutral)
- Identify relevant social media posts, summarize them, measure their impact and sentiment.
Compare the impact and sentiment of topics in online media and social media to identify the most relevant topics for your brand and measure the effectiveness of your brand management strategy