Polydigi Tech Partners with ixFintech and 01 Communique to Augment ixWallet Against Mounting Cybersecurity Risks
Edinburgh, Scotland – Polydigi Tech Ltd. announces its partnership and collaboration with IX Fintech Group and 01 Communique to augment the security and protection of ixFintech’s ixWallet against mounting cyber-threats. Polydigi Tech is providing its latest borderless mobile multi-factor authentication solution s-Factr™ in this joint project.
ixFintech Group is a Fintech company that provides various financial services including financial apps, digital exchanges, digital wallets and investment platforms, etc. IxFintech’s ixWallet will be protected by Polydigi Tech’s patent pending identity authentication solution: s-Factr™. Customers’ identity will be fully authenticated using s-Factr™ before accessing services. s-Factr™ provides users with additional flexibility via the use of various Instant Messaging channels such as WhatsApp, Telegram, and more to authenticate users. ixWallet will also be protected by 01 Communique’s latest solution, IronCAP, a patent-pending quantum-safe cryptographic solution which protects all in-wallet digital services to secure transactions against both classical and quantum computer threats.
Based in Toronto, Canada, 01 Communique Laboratory Inc. is one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era. The launch of the upgrade is expected in Q3 2021.
“We are thrilled to be part of this collaboration in the joint project for these exciting new products” said Curtis Chan, the founder and the CEO of Polydigi Tech. “We are delighted and very honoured to work with two technology leaders to deliver a complete e-wallet security solution to protect our customers’ valuable digital assets. In addition, this will help us to prepare for the upcoming regulatory requirements on digital ID Framework and post quantum cryptography standards. The augmented ixWallet will be the enabler to further expand our digital assets businesses according to our strategic plan”, said Irene Wong, the founder and CEO of ixFintech.
About Polydigi Tech
Following an invitation from the United Kingdom Department of International Trade, Polydigi Tech established its Headquarter in Edinburgh, Scotland in 2019. Polydigi Tech is an innovative cybersecurity company that specialises in cutting-edge identity verification technologies. To counter the ever-growing risk of cyber-threats, Polydigi Tech has developed various patented and patent-pending innovative solutions including mobile phone based multi-factor authentication, biometric authentication, and hardware protection for IoT devices and networks.
For more details about Polydigi Tech please visit our website at: https://polydigitech.uk/
For s-Factr™ demo please visit: https//panel.sfactr.uk
For further enquiries please contact:
ixFintech Limited is a Hong Kong based Fintech company with mission to bridge the traditional finance and new digital finance in a secured and compliant way. As a former participant of the Cyberport Hong Kong Incubation Program, ixFintech graduated by launching the ixOption App in August 2018, aiming to improve financial literacy on derivatives and was awarded with the ET Net Fintech Award 2018. The app was also awarded with the “Top 10 Trading Solution Providers in APAC 2019” by CIO magazine in the USA. In October 2019, ixFintech was named as one of the “50 Innovative Companies to Watch” by The Silicon Review magazine in the US. Over the years, ixFintech strive to provide innovation on different Fintech areas including cross boarder payment solution, blockchain technology, wealth management and trading platform etc. and gained market recognition from different awards. In January 2020, ixFintech is honoured to have received, for the second time, an award from ETNet Hong Kong on the Hong Kong Fintech Awards 2019 (wealth and investment section) for its ixCrypto Index Platform with the first crypto index in Hong Kong. During the same year, ixFintech was awarded the Silver Award in Innovative Tech of IFTA Fintech Achievement Awards 2019. In October 2020, ixFintech was awarded “Startup of the Year” in Hong Kong Fintech Impetus Awards by Metro Broadcast and KPMG on its new product- world first post- quantum-safe digital asset exchange machine (“DAEM”), that can facilitate cash transaction on cryptos and digital asset tokens. This year 2021, for the third time, ixFintech was awarded the ET Net Fintech Awards 2020 for its DAEM and ixCircle Platform - a startups/investors matching platform. Website: ixfintech
About 01 Communique
Established in 1992, 01 Communique (TSX-V: ONE; OTCQB: OONEF) has always been at the forefront of technology. The Company’s cyber security business unit focuses on post-quantum cybersecurity with the development of its IronCAPTM technology. IronCAPTM’s patent-pending cryptographic system is an advanced Goppa code-based post-quantum cryptographic technology that can be implemented on classical computer systems as we know them today while at the same time can also safeguard against attacks in the future post-quantum world of computing. The Company’s remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings. The remote access offerings are protected in the U.S.A. by its patents #6,928,479 / #6,938,076 / #8,234,701; in Canada by its patents #2,309,398 / #2,524,039 and in Japan by its patent #4,875,094. For more information, visit the Company’s web site at ironcap.ca and 01com.com.Back