India Embraces 1Kosmos’ Unified Identity Proofing and Passwordless Authentication, Reaches Million User Milestone
National,
March 31, 2023 – 1Kosmos, one of the world’s leading providers
of unified identity proofing and passwordless authentication, today announced
significant growth in its user base in India since its launch.
“Customers
are recognizing the advanced security and usability benefits of passwordless,
which resulted in customers making long-term investments in BlockID,”
said Hemen Vimadalal, CEO of 1Kosmos. He continued, “2022 was
marked by a significant increase in demand and adoption of the 1Kosmos identity
proofing and passwordless platform among medium and large enterprises in
virtually all industries.” We are thrilled to announce that leading analyst
firms have recognized 1Kosmos as a technology and market leader.
1Kosmos is
now handling millions of identities for its employees and end customers. Major
corporations, including a prominent bank, use the 1Kosmos platform to easily
authenticate and transact with their employees and their customer base running
into millions.
This
outstanding growth has been reached due to the secure, convenient, and
user-friendly services 1Kosmos provides its customers. We are thrilled to share
the success of our platform and look forward to growing it further.
1Kosmos
provides secure, passwordless authentication and access to various applications
while serving millions of identities. Thanks to the advantages of 1Kosmos’
platform, companies have access to simple yet powerful user authentication and
management solutions.
“We
received great support and guidance from visionary CIOs and CISOs who
understood the pressing issue of password complexity, which is subject to
increased security breaches. Our solution provides customers with passwordless
authentication, which addresses the security issue and offers a smooth and
streamlined user experience, said Siddharth Gandhi, COO, Asia-Pacific,
1Kosmos.”
The Indian
economy is undergoing a major digital transformation, with the government
driving national initiatives such as Skill India and DigiYatra.
“To protect
digital identities, 1Kosmos is investing to become a leading player in India.
With the growing adoption of cloud technology across the private sector,
1Kosmos is well-positioned to provide secure identity management and
authentication solutions in this digital era. We are confident that the Indian
markets will be promising, and we are already making a mark,” said Siddharth.
About
1Kosmos
1Kosmos
enables passwordless access for workers, customers and citizens to securely
transact with digital services. By unifying identity proofing and strong
authentication, the BlockID platform creates a distributed digital identity
that prevents identity impersonation, account takeover and fraud while
delivering frictionless user experiences. BlockID is the only NIST, FIDO2, and
iBeta biometrics certified platform that performs millions of authentications
daily for some of the largest banks, telecommunications and healthcare
organizations in the world. The company is funded by Forgepoint Capital and
Gula Tech ventures with headquarters in East Brunswick, New Jersey. For more
information, visit www.1kosmos.com and follow
us on Twitter and LinkedIn.