First in Japan to introduce my number authentication to the NFT ticketing platform
Digital Platformer, Inc. announced today that it will collaborate with Chikemi Corporation to implement a personal authentication system using a my number card provided by the Digital Agency.
For more information, please see the press release.
Digital Platformer launches Japan’s first My Number authentication on NFT ticketing platform.
Started introduction on the “TicketMe” platform.
Figure 1: My Number Authentication is now installed on the NFT ticketing platform
(Chiyoda-ku, Tokyo; President: Kazutaka Matsuda; hereafter “the Company”), in collaboration with Chichemy Corporation (Shibuya-ku, Tokyo; President: Daisuke Miyashita), announces the introduction of a personal authentication system using the my number card provided by the Digital Agency. (Shibuya-ku, Tokyo; President: Daisuke Miyashita).
Through this collaboration, personal authentication will be implemented more easily and securely on TicketMe, Japan’s first (*Note 1) NFT ticket platform operated by CHICEME Inc. to enhance safe and secure ticket transactions, including prevention of unauthorized resale.
In conjunction with the Digital Agency’s “Digital Authentication App”, identification and in-service authentication will be performed using the My Number Card.
By using the My Number Card, an official identification card with a retention rate of over 70% (*Note 2), a more reliable ticket service can be provided.
Note 1 :According to Chichemie, June 2024
Note 2: According to the Digital Agency website.
About Digital Authentication App
The “Digital Authentication App” is an application provided by the Digital Agency that allows users to securely and easily authenticate and sign documents using their My Number Card. By utilizing the API (Digital Authentication Application Service API) linked to this application, government agencies and private businesses can easily incorporate identification and authentication using the My Number Card and signature functions for electronic application documents.
Figure 2: Preventing unauthorized resale by using personal number cards to authenticate identity
Diversification of personal authentication methods and their advantages
The DID/VC technology provided by our company allows identification by a cell phone number owned by the user in addition to authentication with a My Number card. From strict personal authentication using a PIN with My number card authentication to simple authentication using a cell phone number, we can provide more flexible and convenient authentication methods for users and businesses.
TicketMe’s new secondary ticket distribution (resale) and efforts to combat unauthorized resale
TicketMe is a new form of ticketing platform that incorporates elements of NFT to deter unauthorized resale. Using patented resale control technology, TicketMe allows resales for legitimate reasons, while eliminating hoarding by scalpers and illegal high-value resellers. We have also established a system whereby profits from high-value resales are returned to the creators, so that sales and purchases are conducted in accordance with the buyer’s perception of fair value, and creators can earn a profit commensurate with their original value.
Identity verification using DID/VC technology in the fintech sector and prospects
DID/VC is based on blockchain technology and does not rely on a centralized database, providing greater security by reducing the risk of data falsification and unauthorized access. DID/VC also excels in protecting user privacy, allowing only necessary information to be provided. We aim to reduce costs and improve efficiency by streamlining the Know Your Customer(*3) and AML(*4) (Anti-Money Laundering) processes and reducing the amount of manual checking. We will continue to enhance KYC and AML processes with our identity verification process using DID VC, provide secure and convenient services, and contribute to the development of the fintech industry through innovative solutions that incorporate the latest technologies.
Note 3: KYC “Know Your Customer” refers to an identification procedure. KYC is used in a variety of situations. KYC at financial institutions, for example, is a procedure to verify the identity of a customer at the time of opening an account for the purpose of preventing money laundering, etc.
Note 4: AML “Anti-Money Laundering” means measures to prevent money laundering. Money laundering is the act of pretending that proceeds obtained through crime are obtained through legitimate means and making the source or owner of the proceeds opaque.
About Digital Platformer, Inc.
Digital Platformer is an innovative fintech company that has been providing blockchain technology-based digital regional promotion notes and decentralized ID and digital regional currency issuance platforms to local governments and businesses since its founding in 2020. 2024 will see Japan’s first deposit-based stable coin issuance with a regional bank. We are working to develop a new platform utilizing consortium-type blockchain that meets the diverse needs of local governments and business corporations.