Trust, The Fuel of Tomorrow
The explosion in connected economies continues unabated across the globe. What started in the United Kingdom with Open Banking is now a global race to unlock the latent power of data; empowering consumers to use their data to engage in exciting new forms of commerce. To help accelerate the UK Open Banking Implementation Entities Trust Framework, Raidiam conceived, designed and helped implement the trust framework services that now power the UK Open Banking Economy.
How does it work
The Raidiam Connect Trust platform ensures that all participants in a digital economy have complete surety of the identity and authorisation status of other participants as well as providing an “App-Store” that allows customer facing propositions to rapidly be brought to market. Conceived from the outset as a “whole of market” enabler, the Raidiam Connect Trust Service has its genesis as an enabler tailor made for regulators or central government functions looking to encourage technology innovation, kick start competition or develop new sectors.
All of this being achieved whilst understanding the need to retain complete technical control over what entities are allowed to participate.
Leveraging the capabilities of the Raidiam Connect Gateway, Raidiam Provider and Raidiam Conect PKI, the Trust Framework provides all the services necessary to develop a flourishing economy.
Features and Benefits
The Trust Services module provides a light weight solution to many challenges around the creation of connected economies and trust networks to open up new or to expand existing revenue channels for your business including:
- A B2B Identity management platform and trust framework designed to accelerate the creation of connected economies and trust networks
- A flexible Registration Authority that can adapt to any organisation and authorization modelling requirements
- A flexible data modelling engine that enables additional information services to be added without writing a line of code
- A proven Certificate Authority that can create certificate profiles of any type and structure including European eIDAS profile