“The investment supports Indicio’s participation in NEC X’s Elev X! Boost program, which is designed to fast-track tech development and adoption for promising startups.
Indicio’s platform and specialized encryption technology addresses critical vulnerabilities in traditional, centralized identity systems, which are prone to data breaches, privacy violations and forgery. These outdated models require people to repeatedly share sensitive data, increasing risks and creating costly administrative burdens for banks, government operations and enterprises.”
Link to news article by NEC X on its investment in Indicio.