Just a little patience RNS from 1st amd 3rd July14 Jul 2020 16:03
1st July
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media and technology, is pleased to announce that further to its Cov-ID Project Update of 19 June 2020, the graphic design refinements to the Cov-ID app have now been completed, and the commercial product is now ready to be rolled out across the UK and globally.
Guy Meyer, Interim Chief Executive Officer of Catenae, said: "I am particularly pleased to announce that the Cov-ID app is now market ready, well ahead of schedule. We are receiving enquiries about the app and are in discussions about local and international sales opportunities. The Company looks forward to informing the market of further developments."
3rd July
Completion of New Product - Onsite ID
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media and technology announces that it has finalised the development of a new product 'Onsite ID', a generic multi-document digital wallet. The Onsite ID app was previously in development when the Company slowed its progress to allocate resources to the creation of the Cov-ID app, which shares a similar technology platform.
Onsite ID provides the ability to view immutable records that are written to blockchain, providing audit trails of transactions and is GDPR compliant.
Guy Meyer, Interim Chief Executive Officer of Catenae, said: "I am pleased to announce that the development of our new Onsite ID product has been completed.
"Catenae initially undertook to develop Onsite ID for use in the construction sector, given that industry's need for the proof of Identity and Qualifications of the workforce; as well as their need for proof of Health & Safety Certification levels. Onsite ID provides a means of simultaneous validation of a number of data sources and documents to counter the fraud potential that is inherent in paper-based processes.
"The need for contractors and employers to prove that their workforce is fully compliant will become more relevant as the UK leaves the single market at the end of the year. Given the imminent need for permissions to live and work in the UK, this provides further opportunities for the deployment of our technology solutions.
"Onsite ID can also be of use across multiple sectors globally, wherever the validation of Identity Qualifications and Access status are required.
"We look forward to informing the market of further developments regards Onsite ID."
We now have something to sell. The orders may take some time. Build it and they will come