1Kosmos is a cybersecurity startup founded in 2018 and headquartered in the United States. The company's slogan, "Truly Know Who's Behind the Device - Confidently Phase Out Passwords," reflects its core mission to revolutionize identity verification and authentication. The flagship product, 1Kosmos BlockID, employs biometric-based identity verification and a passwordless multi-factor authentication (MFA) platform, underpinned by a privacy-by-design architecture utilizing a private and permissioned distributed ledger.
This innovative platform generates non-phishable multifactor authentication credentials for employees and offers a convenient passwordless authentication option for customers, thereby strengthening security measures to prevent fraud. The encryption of personally identifiable information (PII) and the user's sole possession and access to the private key ensure compliance with data privacy mandates and mitigate the risk of PII exposure.
The distinctive features of the 1Kosmos BlockID platform include live biometrics, machine verification of government credentials, a portable digital identity wallet, and verified reusable digital credentials. By combining these capabilities, the platform effectively closes the identity gap in conventional Single Sign-On (SSO) and MFA, while also bolstering trust through tamper-evident digital identity and verified credentials.
Recently, the company secured a Venture Round investment at 02 June 2022 from Gula Tech Adventures, signifying growing interest and support from prominent investors in advancing the next generation of identity verification and passwordless authentication solutions.
1Kosmos, with its cutting-edge technology and strategic partnerships, is well-positioned to disrupt the cybersecurity landscape, offering a seamless and secure identity verification and authentication experience, ultimately driving the industry towards a passwordless future.
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