RE: What ?20 Apr 2020 16:09
Catenae Innovation PLC (AIM: CTEA), the AIM quoted provider of digital media
and technology, today announces that it has joined a consortium led by Z/Yen
Group ("Z/Yen") with the objective of building a GDPR compliant identity
documentation exchange system, "Cov-ID", to record an individual's Covid-19
test status. Details of the project can be found at
https://www.chainzy.com/case-studies/cov-id-project/
(https://www.chainzy.com/case-studies/cov-id-project/)
The Cov-ID 'digital passport' would record both swab tests (active virus) and
serological tests (antibody) and enable people to easily share their status -
unexposed, active and recovered - in any fast, secure digital medium. The
benefit is an authoritative way for specific groups to know that they can
responsibly allow people to congregate at work or in social settings. The vast
testing information being compiled can be shared with controls that ensure
individuals remain in charge of their data. The Cov-ID system will use an
'internet of record' Smart Ledger (aka blockchain) identity documentation
platform called ChainZy and a digital identity product IDChainZ. Both systems
were developed by Z/Yen, the City of London's leading commercial think-tank,
which has significant expertise in health and software development, running
the software and timestamping for clinical assessment trials worldwide.
The Cov-ID Project Technical mobilisation should occur over the next 2 week
period, with a prototype, testing and finalisation stage occurring in the
following 2 week period.
Catenae is an intellectual property client of Z/Yen using ChainZy for its
OnSite products and will provide expertise and Catenae's own propriety
technology which is currently deployed across the Sporting, Man-Guarding and
Facilities Management sectors.
About Z/Yen Group
Z/Yen was founded in 1994 to promote societal advance through better finance
and technology. Z/Yen has built its practice around a core of high-powered
project managers, supported by experienced technical specialists so that
clients get expertise they need, rather than just resources available. The
firm is headquartered in London, but Z/Yen is committed to the 'virtual
office' concept and is an intense user of technology in order to improve
flexibility and benefit staff. Z/Yen has 25 full-time-equivalent staff and
over 300 associate experts. Z/Yen people share significantly in the benefits
of success and Z/Yen seeks to develop a supportive environment in which
professionals from a variety of disciplines can flourish.
This is the RNS
Sign In
Follow the stocks
