#South Korea #Seoul #digital identity #Hopae #hConnect

Hopae Launches hConnect: A New Era in Online Identity Verification

In an age where online security is paramount, the need for efficient identity verification has never been greater. Hopae, a leading provider of digital identity solutions, is setting the standard with the introduction of hConnect, a groundbreaking platform designed to streamline and simplify the identity verification process for businesses around the world.

What is hConnect?

hConnect is a state-of-the-art platform that enables companies to verify their users’ identities almost instantly using electronic identities (eIDs) issued by governments globally. Traditional methods of verification often involve tedious steps such as uploading scanned identity documents and selfies, leading to potentially delayed validation periods that can open the door to fraud. By adopting eIDs, businesses can provide a quicker and more secure user experience, which ultimately enhances conversion rates.

The European eIDAS 2.0 regulation aims for an adoption goal where 80% of people will utilize eIDs by the year 2030. According to Gartner, it is projected that by 2026, more than 500 million individuals globally will have access to a digital identity wallet.

Navigating Challenges of Direct Integration

To take advantage of this widespread adoption, companies face a critical decision: whether to integrate each national eID directly or utilize an intermediary solution. Direct integration involves connecting to various national systems—over 27 in Europe alone—which can present numerous challenges:

Administrative Hurdles

Accessing eIDs often requires navigating complex and costly procedures that can bog down progress.

Technical Barriers

Each eID operates under its own standards, making seamless integration a complicated endeavor.

Cultural Variances

Acceptance and practices regarding identity verification can differ significantly from country to country, introducing additional complexities.

As regulations like eIDAS 2.0 come into effect, organizations must prepare for the challenges posed by direct integration.

The Advantages of Indirect Integration

hConnect offers a strategic alternative by serving as a single gateway to national eIDs. This indirect integration solution provides businesses with easier access while ensuring compliance with regulations. However, not all intermediaries are created equal; hence, companies must evaluate key criteria such as coverage of eIDs, compatibility with digital wallets, and the ease of integration.

With hConnect, Hopae aims to be the trusted intermediary that meets all these essential requirements, positioning themselves as a leader in the field.

Key Features of hConnect

1. Broad Coverage: hConnect aims to support over 100 eIDs, promising comprehensive coverage of the European Union by the third quarter of 2026.
2. High Compatibility: The platform boasts a 99% compatibility rate with various digital identity wallets.
3. Customizable User Experience: To minimize friction during the verification process, businesses can tailor the user experience according to their needs.
4. Quick and Easy Integration: hConnect is designed for a fast, plug-and-play implementation with existing Identity Verification (IDV) solutions.
5. Built-in Compliance: It adheres to eIDAS 2.0 regulations, as well as GDPR, ISO 27001, and SOC 2, ensuring that all legal and security facets are covered.

Vision of the Future

“We aim to make digital identity instantly usable anywhere in the world with hConnect. In this transition towards eIDs, our goal is to help companies transform regulatory requirements into powerful conversion tools,” said Ace Shim, CEO of Hopae.

About Hopae

Hopae is dedicated to developing identity verification solutions tailored to meet modern needs and regulatory requirements while providing international reach. The company also actively participates in European Large Scale Pilots related to the rollout of the European digital identity wallet.

By leveraging advanced technology and adhering to global standards, Hopae’s hConnect represents a significant step forward in the way organizations approach identity verification in a digital age. As more businesses adopt this innovative platform, the future of online identity verification looks more secure and efficient than ever before.