CySecure is a digital identity company founded in 2019 that develops passwordless authentication solutions based on Self-Sovereign Identity principles. Their core product, CyVer, implements W3C Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) standards to provide cryptographic verification without third-party involvement. The system utilizes Public Key Infrastructure and operates on a Hyperledger-based blockchain network, integrating with existing identity providers through SAML and OIDC protocols.
The technical architecture enables several key features:
GDPR and CPRACySecure received seed funding from Virginia Venture Partners in December 2020 and has positioned their solution for medium to large enterprises, cloud service providers, and managed security service providers. The company emphasizes interoperability with emerging enterprise and government digital ID services, while providing an on-ramp to Web3 services through their decentralized identity infrastructure. Their implementation focuses on eliminating password-related data breaches while giving users control over their personal identifiable information (PII) without storing it on company servers.
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