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Seattle based blockchain identity solution for enterprise customers has raised $3m led by Founders Co-Op, with participation from Pithia. The global consumer identity and access management market is expected to reach nearly $24 billion by 2022, according to a recent report from Allied Market Research. In 2017, more than 16.7 million consumers were impacted by identity theft and identity fraud.
Trusted Key has set out to provide a frictionless yet secure online consumer enrollment process that bridges the gap between consumers’ need for speed of transactions and their demand for secure handling of their private information. Customers include the largest U.S. health care consortium, which is successfully deploying the Trusted Key platform across the entire ecosystem of hundreds of health care providers. This means consumers can sign up for health insurance, register with health care providers, set appointments, and fill prescriptions online with one profile – doing away with the need to remember multiple passwords or log-in details.
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