Co-founder and CTO of biometrics and digital ID firm Tech5 Rahul Parthe has change into a strategic advisor and investor for PassiveBolt, a decentralized identification platform for entry administration.
The information comes months after the 2 corporations shaped a partnership alongside ZKTeco USA and PDQ Manufacturing to construct a biometric resolution primarily based on decentralized digital identification expertise. Tech5 not too long ago revealed that the product is an app that resort friends use for room entry. Certainly one of PassiveBold’s merchandise is KeyShare, which presents a self-sovereign identification (SSI) platform for the hospitality business.
Tech5 and PassiveBolt say in a press release that Parthe’e expertise in biometric expertise will assist the U.S.-based firm’s developments in digital identification.
“Rahul Parthe‘s addition to our workforce as a strategic advisor is an exhilarating growth,” says Kabir Maiga, CEO of PassiveBolt. “His profound grasp of biometrics and identification options completely aligns with our firm imaginative and prescient. Rahul’s steerage and help will probably be pivotal in additional growing our KeyShare platform and inspiring broad-scale adoption of SSI options.”
Previously, Parthe has labored as a biometric system architect for large-scale identification initiatives equivalent to India’s UIDAI and Indonesia’s Nationwide ID. He’s at the moment or has contributed to corporations equivalent to Identix, Idemia predecessors Morpho and L1 Identification Options, Securimetrics, TOTM Applied sciences, and InterBio.
Throughout a current presentation to the European Affiliation for Biometrics, the Tech5 co-founder and chairman praised the function of Decentralized Identifiers (DIDs) in assembly each the safety and privateness wants of particular person customers, companies and governments.
Swiss-headquartered Tech5 joined the Safe Identification Alliance (SIA) in April.
biometrics | decentralized ID | digital identification | PassiveBolt | TECH5