Digital Fintech News

ixFintech Group Partners with Overseas Technology Companies to Augment ixWallet against Mounting Cyber Security Risks

ixFintech Group Partners with Overseas Technology Companies to Augment ixWallet against Mounting Cyber Security Risks

IX Fintech Group is honoured to announce its collaboration with two overseas technology companies to augment the security and protection of ixWallet against mounting cyber-threats. The upgrade is targeted to be rolled out by 3rd Qtr 2021.

“We always thrive to achieve the best-in-class fintech solutions to stay ahead in the financial industry, to explore more possibilities for the future. We are confident that ixWallet is the e-wallet of choice to move in line with the world digital asset development and customer demand.”

Polydigi Tech Ltd is an UK based technology company providing patented digital ID verification solution – s-Factr™ which will be applied to ixWallet to safeguard customers’ identity against cyber-criminals. Customers’ identity will be fully authenticated by – s-Factr™ before accessing any digital services offered through ixWallet.

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01 Communique Laboratory inc. is a Canadian technology company specialising in post quantum cyber-security. Its patent-pending cryptography solution, IronCAP will be applied to ixWallet to protect all the in-wallet digital services so that every transaction is secured against both classical and quantum computer threats. This is a continuation of the successful launch of our world’s first quantum safe Digital Asset Exchange machine last year (please refer to the related announcement on 11 Dec 2020 on “ixFintech Group’s New DAEM Landing at Cyberport, Hong Kong”)

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“We are delighted and very honoured to work with two technology leaders to deliver a complete e-wallet security solution to protect our customers’ valuable digital assets. In addition, this will help us to prepare for the upcoming regulatory requirements on digital ID Framework and post quantum cryptography standards. The augmented ixWallet will be the enabler to further expand our digital assets businesses according to our strategic plan”, said Irene Wong, the founder and CEO of ixFintech. “We always thrive to achieve the best-in-class fintech solutions to stay ahead in the financial industry, to explore more possibilities for the future. We are confident that ixWallet is the e-wallet of choice to move in line with the world digital asset development and customer demand.”

Read More: HSBC Launches Multi-Currency Wallet for Simplified International Payments

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