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SecureKey and the Digital ID and Authentication Council of Canada Awarded Grant to Create Privacy Enhancing Cloud Ecosystem

SecureKey Technologies Inc., a leading provider of identity and authentication solutions, and the Digital ID and Authentication Council of Canada (DIACC), a non-profit coalition of public and private sector leaders committed to developing a Canadian digital identification and authentication framework, today announced their receipt of a new Applied Research Grant to enable the development of a Cloud Identity Ecosystem.

The grant, valued at up to US$800,000, is the result of a collaboration between DIACC and the Command Control and Interoperability Center for Advanced Data Analytics (CCICADA) a research center of excellence funded by the U.S. Department of Homeland Security Science & Technology Directorate. SecureKey and DIACC, Canada's neutral digital identity industry standards setting organization, will develop the digital security framework consumers need to participate safely in the digital economies of today and tomorrow.

"Through ground breaking partnerships, DIACC continues to help drive innovation in Canada and we are thrilled to have been awarded this research grant in collaboration with SecureKey," said Joni Brennan, President, DIACC. "If Canada is to seize the opportunity of the digital economy, we must invest together in Digital ID and Authentication - these are the rails upon which the digital economy runs. Development of a secure and privacy enhancing Cloud Identity Ecosystem is critical to enabling Canadian citizens, businesses and governments to capture the full potential of the global digital economy."

Leveraging modern distributed network architectures (blockchain), the Cloud Identity Ecosystem will give consumers the tools they need to securely manage their digital identities and assets. The Ecosystem will be built within a framework that protects and promotes Canadian values and perspectives in alignment with DIACC's 10 Canadian Principles of Digital Identity Ecosystems.

"SecureKey is fully committed to developing a national digital identity ecosystem that puts consumers first and increases both their digital security and privacy," said Andre Boysen, Chief Identity Officer of SecureKey. "This funding will be essential in making that commitment a reality, ensuring that consumers have access to secure digital protection. The fast-paced development of the digital economy demands that federated identity ecosystems be developed to support trusted transactions online by eliminating security and privacy gaps."

SecureKey's architecture will improve security and privacy controls while maintaining the integrity and confidentiality of data across multiple environments. The ecosystem will provide users with choice, control and convenience when sharing digital assets across open interfaces. It will offer a transparent operational environment, and minimize data transfers between authoritative sources.