Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc., a provider of real-time data analytics through artificial intelligence to drive customer engagement, has announced the integration of its Wallet pass solution, including its CheckVax Digital Vaccination Verification service, with the Hedera Consensus Service.
The Vancouver-based advanced tech company said Hedera Hashgraph’s public ledger technology enables Fobi to provide the most secure mobile wallet and proof of vaccination credentials in the market.
“By leveraging Hedera Hashgraph, one of the global leaders and most advanced next-generation ledgers, Fobi is adding an extra layer of security to our credentials and enabling verification of these credentials by querying the ledger directly,” said the company.
READ: Fobi AI launches CheckVax digital proof of vaccination service to global venues and businesses
The integration is well-timed, given the launch of Fobi's CheckVax last week. CheckVax provides security with a scalable mechanism for users to upload their proof of vaccination, or proof of test status into native iOS and Android wallets.
Fobi’s Hedera integration means these credentials can now be validated against the public ledger for even greater security. It also enables Fobi to issue a very easy-to-use public-ledger-backed digital credential that anyone can carry in their mobile wallet.
“It gives the user full control over when and where that credential is used, while providing an unparalleled level of credential authenticity and interoperability,” said the company.
Hedera is designed for fast, fair, and secure applications to take advantage of the efficiency of Hashgraph on a decentralized, public network. The decentralized Hedera network is governed by a council of top organizations, including Avery Dennison (NYSE:AVY), Boeing, Chainlink Labs, Dentons, Deutsche Telekom, DLA Piper, Électricité de France, eftpos, WorldPay, Google, IBM, LG Electronics, The London School of Economics and Political Science, Magalu, Nomura Holdings, Shinhan Bank, Standard Bank, Swirlds, Tata Communications, University College London, Wipro, and Zain Group.
Hbar, the native cryptocurrency of the Hedera network, is used to protect the network through proof-of-stake and power decentralized applications.
In a statement, Hedera CMO Christian Hasker said: "In this new era of COVID-19, proving test and vaccination status, while ensuring the highest degree of data privacy, has become a pressing business need. Hedera, as a trust layer, enables applications like CheckVax from Fobi, to ensure that data is controlled by the users themselves.”
“CheckVax provides an easy-to-use mechanism for users to upload their proof of vaccination and/or proof of test status and be issued with a secure Wallet Pass bearing this proof, using the Hedera Consensus Service."
Fobi’s CheckVax is not meant to replace governmental applications or systems but instead aims to provide interoperability with existing government processes/protocols and future product releases.
Fobi CEO Rob Anson said the Hedera integration enables Fobi to provide its clients a "secure, fully public-ledger backed credential solution,” with almost limitless scaling, and “true public verifiability.”
“Fobi’s CheckVax solution is built to support and provide interoperability with Provincial and State government vaccine mandates worldwide, and thanks to Hedera provides the highest level of security and verification in the market today,” Anson added.
A new poll showed that 61% of Canadian small businesses are worried about the challenges of implementing a vaccine passport regulation, including the security around the passes and how customer’s personal information is handled. Add to that the challenges for those businesses who have visitors or customers from other geographies, who are not eligible for the provincial passport and you have a situation that is increasingly more complex to navigate.
“Fobi’s Hedera-powered secure, app-less mobile Wallet Pass solutions, including CheckVax for digital proof of vaccination, can help those organizations get the right, secure solution into place that fits their needs best,” said the company.
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