An Australian online security startup has won the backing of the Singapore government.
Singapore government-owned Assurity Trusted Solutions has entered a strategic alliance with Melbourne identity verification specialist iSignthis to provide identity verification for its OneKey two-factor authentication token. The government intends the token to be used as a national standard.
As part of the agreement it has also picked up rights to supply the tokens and its security network internationally in other markets. Assurity plans to distribute the OneKey token as a smartphone application for Android and iOS devices.
iSignthis chairman Tim Hart said the company had set its sights on south-east Asia and Europe.
“The citizens and residents of Singapore, the EU, most of south-east Asia, Australia and New Zealand will benefit from [evidence of identity] and [two-factor authentication] services being executed online. We look forward to building on our strategic alliance with other products and services going forward,” Hart said.
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