Digital identity credentials development gets a boost from U.S. Department of Homeland Security
13-07-24
The global race to develop digital identity credentials is gaining momentum, with the United States making significant strides in this area. The U.S. Department of Homeland Security’s Science & Technology Directorate (S&T) has recently contracted six startups to create digital credentials, which could revolutionize cross-border travel and other applications.
The selected companies—Credence ID, Hushmesh, Netis d.o.o., Procivis, SpruceID, and Ubiqu—have each been awarded approximately $200,000 for the initial phase. They stand to receive up to $1.7 million across four phases under the Silicon Valley Innovation Program managed by S&T.
These startups are tasked with developing privacy-enhanced digital wallets specifically for travel and immigration purposes.