PingOne Neo is a decentralized identity management solution that allows organizations to issue and verify digital credentials securely. By enabling users to store these credentials in digital wallets, it facilitates seamless sharing of verified information, ensuring that individuals are who they claim to be. This approach enhances data privacy, reduces the risk of identity theft, and streamlines user experiences by eliminating the need for repetitive identity verifications. Organizations benefit from decreased compliance burdens and improved security, as Neo minimizes the necessity for extensive backend integrations and reduces the attack surface associated with traditional identity management systems. Features:

• Decentralized Identity Management: Empowers users to control their identity data, storing verifiable credentials in personal digital wallets.
• Digital Credential Issuance and Verification: Allows organizations to issue cryptographically signed credentials and verify them without complex backend integrations.
• Enhanced Security: Reduces the risk of identity theft and fraud by ensuring that individuals are accurately verified.
• Privacy Preservation: Enables users to share only necessary information, protecting sensitive personal data.
• Scalable Interoperability: Supports multiple decentralized identity standards, facilitating broad compatibility and ease of integration.