About: The Solution
Distributed Governance architecture empowers the SMEs with self-issued verifiable credentials
Distributed Governance is the Web3.0 enabler for individuals, sole-traders and SMEs to access the digital marketplaces. KATLAS heralds a new paradigm in which every household and business manages their Digital Twins as 'personas' in personal wallets, interconnected via smart contracts with privacy protocols on a foundational decentralised platform. This will advance the data interoperability essential to drive monumental transformation in health innovation, green industrial growth and a resilient UK.
Until now a secure public utility (information superhighway) operating as a 'bridge' between private systems did not exist. With our platform, trade documents are self-issued as “verifiable credentials” by traders (eg invoices) and stamped by a competent authority using zero-knowledge proofs for the trader to store privately in their own systems.
It is not what we do that is extraordinary it is how we do it.
KATLAS is an advance on the public distributed ledgers that are non-blockchain ledgers, designed specifically for decentralised identity purposes. These are preferred by standards' bodies as high performance, low cost and well suited to VC/DID usage.
Our users can choose a hosted apps and wallets depending on their attitude to privacy and autonomy. Our health system allows GPs to issue digitally signed eReferrals and Prescriptions with an identity created and owned by the issuer (a.k.a self-sovereign identities).
The digital documents have a human friendly view that looks like the paper equivalent (but with a QR code that links to the encrypted digital version) to ensure digital transformation is inclusive. Your documents can be exchanged via any convenient method (email attachment, portal upload, API automation, even as a QR printed on the corresponding goods). The exchange method is not important because the security is built into the document itself. Any party that receives a document can verify its integrity and confirm the identity of the issuer. There is no dependency between issuer and verifier. There are no centralised hubs nor any need for numerous digital interfaces. Moving to a shared infrastructure where NFTs can be exchanged across systems with our private wallet interoperability.
By taking away the dependency between issuer and verifier SMEs – GPs, farmers, shippers, retailers can issue digital certificates to be safely negotiated along the supply chain in the same way as bank notes or ePassports.
The platform is designed to solve many use cases e.g. Healthcare and International Trade that require verification, privacy and interoperability.
The Central Bank Digital Currency (CBDC) suggests that interoperability with digital assets is more than a nice-to-have. Tokenisation is key to integrated real-time multi-stakeholder settlement with zero-trust automation with design that readily supports regulatory transaction reporting.
A highly configurable solution that suits your business.
Shared tools and capabilities for SMEs to join the supply chain
By owning a portable ‘web3.0 internet account’, SMEs can solve problems of trust, double spend and security, facing their markets directly on a shared digital infrastructure to enter the supply chain and compete from anywhere in the world.
SMEs can share credentials anonymously in the Metaverse / Web 3.0 marketplace - running personal or shared programmes (smart contracts) 24/365 that navigate machine readable regulations and optimise market discovery to source the best all-in fulfillment terms. Reducing the need for specialist staff and sharing costs of regulation.
Self manage your data
Empower your customers to build their digital twin/profile and arm them with the tools to analyse their needs in a trusted 2-way data share.
Our Core Strengths
Our solution is competitive, configurable and scalable for organisations of all sizes.
The host network can scale without limitation, and interoperate with multiple service providers and legacy systems.
AI + Blockchain + Cloud
Legacy client systems connect through KATLAS APIs for 'any-to-any' transactions with machines and participants.
Uniquely, KATLAS is designed to operate on very small and inexpensive hardware (Software on a Chip), to offer a cleaner and greener platform.
The platform is quantum resilient, providing a layer of 256 byte bitcoin encryption. KATLAS system is designed to extend the length of secret keys