FOR PUBLIC RELEASE
[Toronto, Calgary, Gatineau, October 28, 2024] – Northern Block, a leading provider of digital credentialing and trust establishment solutions, and Credivera, an established market leader in workforce credentialing, are pleased to announce a global strategic partnership and a combined solution offering for workforce digital ecosystem rollouts. This new offering combines Credivera’s credential platform, the Credivera Exchange, with Northern Block’s Orbit Trust Registry. Deployed together, these products enable open, decentralized workforce ecosystems that operate across organizational boundaries. As workers become increasingly specialized and mobile (i.e., working at more than one location/organization), a decentralized workforce ecosystem that operates across organizational boundaries is emerging as a strategic asset for operational efficiency. Layered into modern economies that are updating their privacy laws and identity systems, there is an opportunity for organizations to boost business agility and start recognizing the benefits of adopting a modern digital trust ecosystem within their operating environment.
Empowering Digital Trust
Both companies are at the forefront of digital trust solutions and understand that digital credentials and trust infrastructure solutions are important parts of the trust equation. To achieve widespread adoption of trusted digital interactions, human trust at the core, strong governance, and robust roots of trust must also be addressed. This complete picture forms the foundation for this strategic partnership.
Standards-Based Trust Infrastructure
Both companies emphasize the need for digital trust solutions based on widely adopted standards.
Credivera Exchange and Orbit Trust Registry support industry standards such as Decentralized Identifiers (DIDs), IETF’s High-Assurance DIDs with DNS, Verifiable Credentials (VCs), OpenID Federation, and the Trust over IP (ToIP) Trust Registry Query Protocol, facilitating interoperability, security, and compliance with the latest digital trust protocols.
Combining Strengths for Best-in-Class Solutions
This partnership brings together the best of both worlds. Credivera has built a highly successful platform for workforce credentials, while Northern Block already offers an advanced, proven trust registry solution that supports any ecosystem in delivering value to its members.
“We are witnessing rapid adoption of workplace digital credentials across many markets. At Northern Block, we’re excited to partner with Credivera, a leader in this space, to bring the power of trust registries to a broader audience,” said Mathieu Glaude, Founder & CEO at Northern Block. “This partnership will extend trust benefits to a broader range of stakeholders helping organizations digitally enable their operations with confidence.”
This collaboration promises to elevate the standard of digital trust, ensuring a brighter, more secure future for all stakeholders.
“We recognize that certain ecosystems can greatly benefit from having a trust registry in their digital trust strategy. We are pleased to partner with Northern Block to offer alongside our platform the most advanced trust registry service.” said Dan Giurescu, Founder and CEO at Credivera.
About Northern Block
Northern Block is a global leader in implementing digital trust technologies based on open standards, technologies, and trust frameworks. They collaborate with numerous global governments, sustainability credential ecosystems, travel ecosystems, and internet trust providers to equip them with the necessary toolkits to achieve both technical and human trust. Northern Block was founded in Toronto in 2017, with a presence in Gatineau and Amsterdam. Find out more at northernblock.io.
About Credivera
Credivera pioneered the world’s first secure, open exchange for verifiable credentials, known as the Credivera Exchange. As a leader in workforce management and digital identity, Credivera empowers employees, employers, and organizations that issue credentials by increasing productivity and control over how important credentials are stored and shared. The Credivera Exchange optimizes personal privacy and trust with up-to-date, verifiable credentials secured in a digital wallet, reducing risk for all parties involved. Credivera was founded in Calgary, Alberta, in 2018, with a presence in Toronto and Gatineau. Find out more at Credivera.ca.
————————————————
