Liquid Avatar Applied sciences Launches Up to date Digital Id Cellular App for Age Verification, Authorities, Business and Metaverse Credentials along with
Digital Finance App

Liquid Avatar Applied sciences Launches Up to date Digital Id Cellular App for Age Verification, Authorities, Business and Metaverse Credentials along with

Liquid Avatar Cellular App new and up to date options delivers Good Age, authorities & well being credentials, permission-based advertising & encrypted communications

TORONTO, ON / ACCESSWIRE / June 21, 2022 / Liquid Avatar Applied sciences Inc. (CSE:LQID)(OTCQB:LQAVF)(FRA:4T51), a world blockchain and FinTech options firm centered on digital identification, built-in avatars, and the Metaverse, is proud to announce that it has launched its up to date feature-rich Self Sovereign Id App, Liquid Avatar, permitting people and relevant entities to handle and management the usage of their very own age and different private identifiable data, the place acceptable, identification, affiliations and different data and personalised information digitally in a secure and safe platform based mostly on open requirements. The Liquid Avatar Cellular App is a part of Liquid Avatar Applied sciences’ verifiable credentials ecosystem (“LAVCE”), which incorporates know-how to help, Holders of credentials (people and entities), Issuers of credentials (governments, academic & monetary establishments, workplaces, gaming platforms and Metaverses), and Verifiers of credentials (cost processors, business companies, venue operators and on-line retailers and web sites). The Liquid Avatar Cellular App is out there on the Apple AppStore and Google Play.

Liquid Avatar Applied sciences Launches Up to date Digital Id Cellular App for Age Verification, Authorities, Business and Metaverse Credentials along with

Liquid Avatar Applied sciences Inc.

The Liquid Avatar Cellular App and the LAVCE can help a variety of bodily and on-line necessities to show identification with out disclosing pointless data that’s not germane to the request, complying with new and more and more tougher regulatory necessities. With the flexibility to combine into 3rd social gathering apps via its upcoming SDK (software program growth package) and APIs (utility programming interfaces), App suppliers and sport builders, cost processors and others will be capable of supply these companies straight inside their very own apps and platforms with out the need of sending somebody to a different App or service for verification of their identification. With Machine Readable Governance, which consists of parts that assist to ascertain belief and allow interoperability together with trusted individuals, schemas (templates for structuring data in a credential), and guidelines and flows for presenting credentials and verifying them, Verifiers are empowered to resolve which credential issuers meet the correct jurisdictional necessities wanted for the interplay.

The Liquid Avatar Cellular App and LAVCE can even help entry to web sites, video games, age verification and different entry portals with out the usage of a username and password, utilizing verifiable credentials and biometrics, which eliminates the necessity for a person to recollect numerous items of knowledge, or run the danger of account compromise.

Good Age, the joint program with the Ontario Comfort Retailer Affiliation, comprising of over 8,000 comfort shops within the Province of Ontario, is one such utility for the verification of age that makes use of verifiable credentials to show age, at location, with out the necessity for a driver’s license that discloses start date, tackle and different private data that’s not required to finish the transaction. The Liquid Avatar Cellular App and LAVCE have already supplied a proof of idea for this utility and the Firm is within the course of of making a dwell, in-store pilot of this system, with members of the Ontario Comfort Retailer Affiliation. The Firm continues to liaise with authorities, giant consulting companies, cost processors, gaming, web sites and Metaverse operators to establish methods to increase this and different identification packages to most people.

One of many key new options being launched to the Liquid Avatar Cellular App is Encrypted Messaging. Utilizing W3C protocols and Decentralized Identifier Communication (“DIDComm”), that is an early adopter utility that brings this new, cryptographically safe messaging to the market, offering safety over communications between events that’s not depending on cellphone or telecommunications protocols. Encrypted Messaging could be tied to different Liquid Avatar options like reusable identification credential or biometric problem for elevated privateness, security, and safety.

New and Up to date Options:

New Options:

  • Encrypted Messaging

  • Machine Readable Governance

  • LQID Card – obtainable within the US shortly, with wait record at the moment obtainable

  • Good Age

  • Financial institution grade reusable identification credentials for over 200 nations

  • Cellphone & e-mail Verifiable Credentials

  • Secondary authentication through SMS, PIN and Voice Recognition

  • Integration to the Liquid Avatar Market

Up to date Options:

  • New interface offering a greater buyer expertise

  • Up to date Avatar Lockers – together with your bought avatars

  • Verifiable Credentials – obtainable for the Metaverse, restaurant reservations, KYC validation and gaming

Coming Quickly:

“We’re excited for this launch that clearly places Liquid Avatar on the forefront of the WEB3 transformation”, RJ Reiser, Chief Info Officer. “Primarily based on Self Sovereign Id rules, people and entities can create a reusable identification Verifiable Credential that can be utilized with the LAVCE platform to show who they’re with out sharing non-public information. That is the muse to offer secure and safe on-line companies that start to understand the advantages of Web3.”

Along with the Good Age program, the Firm is working to develop new and revolutionary packages that can be utilized to help authorities, regulatory and trade restrictions for gaming, content material, and entry. This revolutionary method is anticipated to permit however doesn’t assure the flexibility for organizations to problem membership, entry NFTs and different credentials that may be then supported by particular guidelines for entry and governance like age, {qualifications}, and jurisdictional availability. At current, the Firm doesn’t have any formal preparations with Issuers or Verifiers for these packages.

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About Liquid Avatar Applied sciences Inc. –

Liquid Avatar Applied sciences Inc. focuses on the verification, administration and monetization of Self Sovereign Id, empowering customers to regulate and profit from the usage of their on-line identification.

The Liquid Avatar Cellular App, obtainable within the Apple App Retailer and Google Play, is a verified Self Sovereign Id platform that empowers customers to create top quality digital icons representing their on-line personas. These icons will permit customers to handle and management their digital identification and Verifiable Entry and Id Credentials, and to make use of Liquid Avatars to share public and permission based mostly non-public information when they need and with whom they need.

The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) has been developed to help all individuals in a digital credential ecosystem, together with the Holder, Issuer and Verifier, utilizing state-of-the-art blockchain and open requirements applied sciences initially as a node on the Indicio Community. The Firm is a voting and steering committee member of the Belief over IP Basis, founding and steering committee member of Cardea, a Linux Basis Public Well being mission, member of the Good Well being Go collaborative, DIACC, the Covid Credentials Initiative (“CCI”), The Linux Basis and a founding member of the Lumedic Change.

The Firm has a set of early-stage packages that help the Liquid Avatar Cellular App program, together with Liquid Shopz, a money again and reward program that has over 600 main on-line retailers, which is within the pre-launch section, and is working to launch its personal branded community cost card in the USA, the LQID Card, with the world’s first Metaverse Rewards program.

The Firm’s subsidiary, Oasis Digital Studios, is a inventive and growth company that helps a variety of artists, expertise, and enterprises with Non-Fungible Token (NFT) options. Oasis owns 50% of and controls the Aftermath Islands Metaverse program.

Liquid Avatar Applied sciences Inc. is publicly listed on the Canadian Securities Change (CSE) beneath the image “LQID” (CSE:LQID).

The Firm additionally trades in the USA, on the OTCQB beneath the image “LQAVF” and in Frankfurt beneath the image “4T51”.

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Ahead-Trying Info and Statements

This press launch comprises sure “forward-looking data” inside the that means of relevant Canadian securities laws and might also comprise statements which will represent “forward-looking statements” inside the that means of the secure harbor provisions of the USA Personal Securities Litigation Reform Act of 1995. Such forward-looking data and forward-looking statements should not consultant of historic details or data or present situation, however as a substitute characterize solely the Firm’s beliefs relating to future occasions, plans or targets, a lot of which, by their nature, are inherently unsure and outdoors of the Firm’s management. Usually, such forward-looking data or forward-looking statements could be recognized by way of forward-looking terminology comparable to “plans”, “expects” or “doesn’t count on”, “is anticipated”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or could comprise statements that sure actions, occasions or outcomes “could”, “may”, “would”, “may” or “might be taken”, “will proceed”, “will happen” or “might be achieved”.

The forward-looking data and forward-looking statements contained herein embody, however just isn’t restricted to, statements relating to the long run capabilities of the Liquid Avatar Cellular App and LAVCE, together with third social gathering integration and the makes use of thereof, data regarding plans for future options of the Liquid Avatar apps, plans LQID Card, plans for Liquid Shopz, the flexibility of the Firm to generate revenues, roll out new packages and to efficiently obtain enterprise targets, and expectations for different financial, enterprise, and/or aggressive elements.

By figuring out such data and statements on this method, the Firm is alerting the reader that such data and statements are topic to identified and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, degree of exercise, efficiency, or achievements of the Firm to be materially completely different from these expressed or implied by such data and statements.

Though the Firm believes that the assumptions and elements utilized in getting ready, and the expectations contained in, the forward-looking data and statements are affordable, undue reliance shouldn’t be positioned on such data and statements, and no assurance or assure could be provided that such forward-looking data and statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such data and statements. The forward-looking data and forward-looking statements contained on this press launch are made as of the date of this press launch, and the Firm doesn’t undertake to replace any forward-looking data and/or forward-looking statements which can be contained or referenced herein, besides in accordance with relevant securities legal guidelines.

SOURCE: Liquid Avatar Applied sciences Inc.

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