Sygnet.ai

Sygnet is a next-generation identity management tool focused on applications dealing with sensitive, consumer shopping data. The key driving technology for Sygnet is known as Self-Sovereign Identity (SSI) - a blockchain based layer of the internet currently absent in our daily online lives, but quickly gaining the attention of entrepreneurs, thinkers, and early investors alike. The first use cases for Sygnet are the digitization of receipt and retail /commerce related documents, as well as offering cheap loyalty programs for retailers. The endgame for Sygnet is to grant its users the capability to securely and privately manage their electronic receipt shopping data, making them its admins and custodians. With the use of AI agents, they are able to monetize their shopping history to advertisers directly, selling it to the highest bidder and chosing which information to publicize, and which to keep private. By design, this way of data management is GDPR compliant and also allows users to dynamically grant and revoke relevant permissions. We believe this is a true revolution in the making in regards to sensitive data management. Correct design of these mechanisms opens up incredible business opportunities, as the world grows tired of countless privacy breaches and data leaks. Our focus on e-receipts is dictated by instant monetisation opportunities, but we also believe Sygnet and SSI technology will serve as a foundation for countless innovations in the IT field. Sygnet’s parent company, Tokenika.io is long time proponent of fairness and wise decentralisation of the online space. We actively contribute to the EOS ecosystem, being a block producer node and thought leaders in the EOS space. We are also a proud Steward in the Sovrin SSI network - a technical and responsible role of maintaining the decentralised Sovrin network infrastructure, according to stringent Sovrin Foundation specifications. For more information go to http://sygnet.eu