π Tender Overview
Liquid Avatar Technologies Inc. a global blockchain and FinTech solutions company focused on digital identity integrated avatars and the Metaverse is proud to announce that it has launched its updated feature-rich Self Sovereign Identity App Liquid Avatar allowing individuals and applicable entities to manage and control the use of their own age and other personal identifiable information where appropriate identity affiliations and other information and personalized data digitally in a safe and secure platform based on open standards. The Liquid Avatar Mobile App is part of Liquid Avatar Technologies verifiable credentials ecosystem LAVCE which includes technology to support Holders of credentials individuals and entities Issuers of credentials governments educational financial institutions workplaces gaming platforms and Metaverses and Verifiers of credentials payment processors commercial businesses venue operators and online merchants and websites. The Liquid Avatar Mobile App is available on the Apple AppStore and Google Play.The Liquid Avatar Mobile App and the LAVCE can support a wide range of physical and online requirements to prove identity without disclosing unnecessary information that is not germane to the request complying with new and increasingly more challenging regulatory requirements. With the ability to integrate into 3rd party apps through its upcoming SDK software development kit and APIs application programming interfaces App providers and game developers payment processors and others will be able to offer these services directly inside their own apps and platforms without the necessity of sending someone to another App or service for verification of their identity. With Machine Readable Governance which is composed of elements that help to establish trust and enable interoperability including trusted participants schemas templates for structuring information in a credential and rules and flows for presenting credentials and verifying them Verifiers are empowered to decide which credential issuers meet the proper jurisdictional requirements needed for the interaction.The Liquid Avatar Mobile App and LAVCE can also support access to websites games age verification and other access portals without the use of a username and password using verifiable credentials and biometrics which eliminates the need for a user to remember countless pieces of information or run the risk of account compromise.Smart Age the joint program with the Ontario Convenience Store Association comprising of over 8000 convenience stores in the Province of Ontario is one such application for the verification of age that uses verifiable credentials to prove age at location without the need for a drivers license that discloses birth date address and other personal information that is not required to complete the transaction. The Liquid Avatar Mobile App and LAVCE have already provided a proof of concept for this application and the Company is in the process of creating a live in-store pilot of the program with members of the Ontario Convenience Store Association. The Company continues to liaise with government large consulting firms payment processors gaming websites and Metaverse operators to identify ways to expand this and other identity programs to the general public.One of the key new features being introduced to the Liquid Avatar Mobile App is Encrypted Messaging. Using W3C protocols and Decentralized Identifier Communication DIDComm this is an early adopter application that brings this new cryptographically secure messaging to the market providing security over communications between parties that is not dependent on phone or telecommunications protocols. Encrypted Messaging can be tied to other Liquid Avatar features like reusable identity credential or biometric challenge for increased privacy safety and security.New and Updated FeaturesNew FeaturesEncrypted MessagingMachine Readable GovernanceLQID Card available in the US shortly with wait list currently availableSmart Age Bank grade reusable identity credentials for over 200 countriesPhone email Verifiable CredentialsSecondary authentication via SMS PIN and Voice RecognitionIntegration to the Liquid Avatar MarketplaceUpdated FeaturesNew interface providing a better customer experience Updated Avatar Lockers including your purchased avatarsVerifiable Credentials available for the Metaverse restaurant reservations KYC validation and gamingComing SoonSharing avatarsLiquid ShopzEnhanced language translationWe are excited for this release that clearly puts Liquid Avatar at the forefront of the WEB3 transformation RJ Reiser Chief Information Officer. Based on Self Sovereign Identity principles individuals and entities can create a reusable identity Verifiable Credential that can be used with the LAVCE platform to prove who they are without sharing private data. This is the foundation to provide safe and secure online services that begin to realize the benefits of Web3.In addition to the Smart Age program the Company is working to develop new and innovative programs that can be used to support government regulatory and industry restrictions for gaming content and access. This innovative approach is expected to allow but does not guarantee the ability for organizations to issue membership access NFTs and other credentials that can be then supported by specific rules for access and governance like age qualifications and jurisdictional availability. At present the Company does not have any formal arrangements with Issuers or Verifiers for these programs.