Showcase (Headquarters: Minato-ku, Tokyo; President: Koichi Matsumoto; Stock Code: 3909), a company providing DX cloud services connecting enterprises and customers, has announced the completion of trials for 'ProTech Wallet (tentative name),' a next-generation digital wallet integrating blockchain technology with My Number card public personal authentication (JPKI), utilizing their 'ProTech ID Checker' tool.

In this trial, the effectiveness of issuing and verifying KYC results as reusable 'Verifiable Credentials' (VC) was confirmed. This demonstrated the potential for a new identity verification method that allows users to authenticate safely and rapidly across multiple services without repeating the process.

Key results of the trial include: - High-speed processing: Completed the entire flow from reading the My Number card IC chip to verification and recording on the Solana blockchain in under 30 seconds. - Data authenticity: Successfully verified data authenticity and tamper detection using the SHA-256 hash algorithm. - Cost reduction potential: Confirmed the potential to reduce back-office operational costs compared to traditional KYC. - Improved user experience: Simplified user operation to a single tap for subsequent verifications using VCs.

Moving forward, the company intends to collaborate with financial institutions, the entertainment industry, and local governments, aiming for a formal service launch by the end of 2027.

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  • Source: PR TIMES
  • Category: News
  • Products / services: ProTech ID Checker