All knowledge is encrypted and embedded and solely obtained by the person in their very own identification pockets. This digital pockets can be utilized to share identification or credentials for a variety of functions—together with present or potential employers, healthcare or monetary providers suppliers, or academic establishments. DICE ID places customers in charge of their private knowledge, enabling them to resolve precisely how a lot and what sort of data they need to reveal in digital settings. 

“DICE ID leverages the core tenets of blockchain technology to transform the way consumers manage their online identities,” stated Subha Tatavarti, Chief Technology Officer, Wipro Limited. “Current online identification relies on the use of single sign-on services, requiring users to share personal data with multiple third-parties. DICE ID gives the power back to the individual, making it easier and safer than ever to manage sharing of personal data on digital platforms. We believe decentralized identity and verifiable credentials technology will become a game-changer resulting in a metamorphosis of the identity space. And we are thrilled to be at the forefront of this innovative technology.”

DICE ID leverages W3C (World Wide Web Consortium) verifiable credential open knowledge mannequin, which makes credentials machine-readable and interoperable and permits for safe alternate between ecosystem gamers. 

Piloted by choose purchasers since September 2022, DICE ID is already being utilized in some ways, notably proving highly effective in credential verification for expertise/crowd sourcing functions.

Among the use instances for DICE ID are: 

• Ed-tech organizations, schools, and crowdsourcing communities are utilizing DICE ID to create a expertise alternate ecosystem by way of transportable talent credentials for learners and freelancers.
• Fintech and monetary establishments are utilizing DICE ID to deal with person’s consent and share their knowledge whereas preserving their privateness and confidentiality.
• Health-tech startups are utilizing DICE ID to safeguard medical knowledge, enhancing sufferers’ belief on their platform.
• Government-affiliated establishments are utilizing DICE ID to assist residents show their eligibility for advantages and different social schemes.
• Metaverse platforms are utilizing DICE ID to create Sybil-resistant communities by way of pseudonymous identities for avatars.

To study extra about Lab45, please go to www.wipro.com/lab45; for DICE ID, https://www.diceid.com/

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a number one know-how providers and consulting firm targeted on constructing modern options that handle purchasers’ most advanced digital transformation wants. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we assist purchasers notice their boldest ambitions and construct future-ready, sustainable companies. With over 250,000 workers and enterprise companions throughout 66 international locations, we ship on the promise of serving to our prospects, colleagues, and communities thrive in an ever-changing world. For extra info, go to us at www.wipro.com.

Media Contact:
Sanuber Grohe
Wipro Limited
sanuber.grohe@wipro.com

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