"Ground-breaking Tech Finally Turns Cybersecurity's Weakest Link to Its Greatest Strength, Says Deakin University"
In collaboration with Deakin University, the Tide Foundation has verified a new security paradigm. Tide unravels the question of "who's guarding the guardian?" and undermines the current security idea that implies safeguarding something requires heavily fortifying it, locking all entrances, and employing a guard to admit only approved individuals. The innovative Self-Sovereign-Authority technology developed by Tide enables the organization's Information Technology (IT) systems to lock highly sensitive digital assets, such as Personally Identifiable Information (PII), health data, Intellectual Property (IP), and financial information, with keys so secure that no one can access them. Not even Tide, the creator of the technology, has access. Each user's key is produced in a decentralized network using a zero-knowledge process. Through the decentralized network, users log in to the organization using a password or multi-factor authentication (MFA). A user who wants to access a critical resource logs in through Tide's decentralized network in order to change their identity into a digital authority for that specific asset. This feature is enabled by Tide's innovation in decentralized threshold multiparty cryptography. This article continues to discuss Tide's new approach to digital identity that allows users to authorize a system instead of the system authorizing the users.