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To harness the power of technology to make identity verification easy and secure for consumers, while making business transactions faster, unanimous, immutable and more accountable.
Verifoxx is an identity verification system powered by a Zero Knowledge architecture. This offers identity as a service either on its own, or coupled with a transaction or exchange. The company is set within a large and growing identity verification market, projected to reach $26.34 billion globally.
Unlike other privacy platforms, Verifoxx pushes beyond standard encryptions and cloud-based software using it’s Zero Knowledge Proof architecture that is built on a blockchain network. This ensures maximum security without a disruption in the user experience.
Founded in 2019 the company is using recent investment to grow its team to build and develop the future of privacy first identity at Verifoxx. It'll be interesting to see how the company pursues these missions with its growing team and whether it does bypass outdated data privacy systems with it's innovative product.
Steph
Company Specialist at Welcome to the Jungle
Mar 2022
$0.3m
SEED
This company has top investors
Róisín Meehan
(CEO)Graduated from University of Galway with a Masters Degree in Business/Commerce.