Secure Value Exchange

Secure Value Exchange (SVX) is a platform launched in 2023 by Meeco that provides enterprise infrastructure for managing digital identity, verifiable credentials, and personal data. The platform combines three core components: secure data storage, verifiable credentials management, and digital asset management.

The platform implements several key technical standards including the W3C Verifiable Credentials Data Model, W3C DID specification, and OpenID Connect. It supports multiple DID methods including did:key, did:web, did:ebsi, and did:hedera. The platform uses zero-knowledge proofs for selective disclosure of credentials and implements BBS+ Signatures for credential verification. For security, it employs end-to-end encryption using AES-256-GCM and supports various key management protocols.

Notable implementations include:

• Digital safe technology for KBC Bank in Belgium serving 3.5 million customers
• Workforce digital credentials platform for VELA Solutions
• Identity verification pilot with the Queensland Department of Transport and Main Roads
• Digital wallet integration with Hedera Hashgraph for micropayments and tokenization

The platform aims to give organizations and individuals control over personal data while enabling compliant data sharing and verification. It is built on Privacy-by-Design and Security-by-Design principles and has received certification for various privacy and security standards. The solution can be deployed as a cloud service or integrated via APIs into existing enterprise systems.