Supercharging CPaaS Growth & Margins with Identity and Authentication, Aditya Khurjekar
Supercharging CPaaS Growth & Margins with Identity and Authentication, Aditya Khurjekar
TADSummit 2022 8/9 Nov Aveiro Portugal Supercharging CPaaS Growth & Margins with Identity and Authentication Aditya Khurjekar, GM Prove Protocol Mobile networks were designed for communication, yet commerce is driving most of the demand for mobile connectivity today The growth segments in today’s digital economy benefit from CPaaS APIs for Identity verification, authentication, proofs & claims Commerce-enabling CPaaS APIs rely on the intrinsic security of mobile network and devices Deterministic (rather than probabilistic) authentication drastically reduces fraud, hence increases margins The secure element in mobile devices has been under-utilized by carriers FIDO standard presents a horizontal application opportunity for hardware based (deterministic) authentication Authenticated ID verification is key to secure yet seamless digital onboarding, leading to financial inclusion & consumer protection The needs of the new crypto-based (web3) economy can also be satisfied with smart CPaaS offerings that preserve anonymity/pseudonymity The imminent ubiquity of eSIMs is timely to fight fraud in the increasingly sophisticated digital & crypto-enabled economy It’s time for a purpose-built global payments network!
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Supercharging CPaaS Growth & Margins with Identity and Authentication, Aditya Khurjekar
- 1. Supercharging CPaaS Growth & Margins with Identity & Authentication Nov 9th, 2022 Aditya Khurjekar Prove Identity
- 2. CPaaS What do you “C” Growth Enablers Identity Verification Authentication Proofs & Claims Digital Economy Crypto-enabled? Mobile Networks Commerce Platforms Designed for Communications Commerce driving demand for Connectivity
- 3. Authenticated ID verification for seamless & secure digital onboarding Our Common Agenda Inclusive Access (with minimum friction) “Web3” Aligned (consumers in control) Consumer Protection (from fraud & abuse) The Digital Economy
- 4. Prove Solves the ID & Auth Problem
- 5. HARDWARE Roots of Trust PASSKEYS Industry standard, proprietary, OS based How we do it Prove Pinnacle™ Cryptographic source of truth for authentication Machine Learning based decisioning & intelligence Download whitepaper here: www.prove.com/assets/pinnacle
- 6. Finally, they are mainstream! The Big Deal with eSIMs So, who exactly owns your phone number? (you? MNO? Apple?) How will MNOs play this time? (remember the ‘dumb pipe’ paranoia?) Purpose-built global networks? (the next wave of MVNOs)
- 7. Why Guess? Prove Knows Prove RBA (Deterministic) (Probabilistic) DETERMINISTIC AUTHENTICATION Cryptography with ML FRAUD MARGINS
- 8. Prove is deployed in all major industries Many ways to ID & Auth Big Banks Insurance, Health FinTech, BNPL, Neobank Retailers Gaming, Gambling Partners Crypto Exchanges Govt web3
- 9. Yet Another Way to ID & Auth Prove L2: The Identity Bridge from web2 to web3 ● Agnostic across web2, web3, web5…built for the emerging internet ○ As much or as little detail you want, with / without zero knowledge ● Use case / application agnostic ID attestation ○ As long as it is lawful & compliant ● L2 loves developers ○ Self-serve
- 10. Learn more about Prove Pre-Fill, Prove Auth, Prove Identity Manager: Prove.com Learn more about Prove L2: ak@prove.com