Liquid Avatar Partners with Fintech Innovator XTM to enable
Hospitality, Personal Care, and other Industry Sectors to Verify
COVID-19 Vaccination Verifiable Credentials
XTM joins industry leaders in technology, healthcare
and patient data, venue and location management, university and
college campus life and travel and leisure to help people start
getting back to their everyday lives
TORONTO, ON -- December 15, 2020 -- InvestorsHub
NewsWire -- KABN Systems NA Holdings Corp.
(CSE:KABN) (the "Company" or "KABN North America"), a
Canadian fintech company that specializes in continuous online
identity verification, management and monetization in Canada and
the US, through its biometrically and identity verified Self
Sovereign Identity platform, Liquid Avatar (www.liquidavatar.com), today announces that
fintech innovator, XTM Inc. (CSE:PAID) ("XTM") has joined its Verifiable Identity
Healthcare Credential consortium to support the issuance,
management and verification of COVID-19 digital diagnostic testing
and vaccination verification for the hospitality, personal care and
other business sectors that it services. XTM joins consortium
partners, Trust over IP Foundation, Lumedic, Loop Insights
(TSXV:MTRX), The Campus Agency and TripXpertz.
XTM enables North American industry leaders in the hospitality,
personal care and sports and entertainment sectors to power
cashless payments to employees, including 7 of the 10 largest
restaurant chains; 5 of the largest pizza delivery chains including
Dominos and Boston Pizza; the largest personal care salon chain;
and the largest Canadian sports and entertainment group.
"We're excited to join KABN, Liquid Avatar and the other
consortium partners to bring our expertise in reaching and
supporting large organizations and their employees in the
hospitality, personal care, food services and entertainment sector
that have been adversely affected by the
pandemic," said Marilyn Schaffer, CEO of
XTM. "Our goal is to help our industry partners, in
any way possible, to support their current, limited activities, and
to help create and support innovative solutions, like the
Verifiable Identity Healthcare Credential initiative, so that
restaurants, delivery services, salons and other personal care
facilities and venues can safely and effectively expand operations
to the public."
The consortium has developed an integrated solution ecosystem
that enables healthcare issuers, individuals and verifiers to have
a digital COVID-19 verifiable identity healthcare credential that
is secure, user managed and controlled to ensure privacy,
transportability and ease of use. This solution supports the
foundation for the acceptance of digital Healthcare Passports and
allow qualified Health Professionals with the ability to issue a
Verifiable Credential that enables venues and other facilities to
verify both the issued credential and the known user in real-time
to grant access and / or services.
The ecosystem is built on a Trust over IP (TOIP) open standards
framework, and the World Wide Web Consortium's (W3C) specifications
for decentralized identifiers for credential management with the
ability to issue, manage and verify interoperable COVID-19
vaccination and other verifiable credentials across a host of user
managed and controlled digital wallets and applications.
Verifiable identity and access credentials can be used for
multiple use cases such as Education, Workplaces, Tradeshows,
Healthcare, Sporting Events, Concerts, Entertainment, Travel,
Places of Worship, Senior Living, and other facilities, venues and
locations and opens the door to further opportunities for
commercial and consumer opportunities.
Powering and supporting the entire user experience, Liquid
Avatar's Self Sovereign Identity (SSI) platform, which includes
user biometric validation and a bank-grade verified identity
credential, is available to consumers at no cost. Liquid Avatar
enables users to verify and manage their identity and access
credentials in a cloud-based, biometrically secure application.
Users have complete control over their digital assets (like
wallets, passwords and more), identity, and data through
easy-to-use avatars that can be shared, on a permission-basis with
others.
The COVID-19 Verifiable Healthcare Credential combines
healthcare data with the user's biometrically verified identity
credential. When a request is made by a Verifier, the User has a
choice of which attributes are shared, creating a private
verification transaction between themselves and a verifier. While
much of the technology and services are already in place, the
launch of the healthcare credential pilot is expected to take place
in the first quarter of 2021 to coincide with the expected release
of the COVID-19 widespread vaccination program. This solution will
not only be able to verify identity credentials for the Covid-19
vaccines, diagnostic and antibody testing, but will also be able to
support a wide range of immunizations and healthcare records.
"Liquid Avatar and the consortium partners are working together
to create open-source solutions that can help empower users to
return to public life and the things they once did freely,
pre-COVID-19, with ease and continued
safety," said David Lucatch, CEO of
KABN. "Together with this amazing group and a growing
list of partners we will enable, through this and future verifiable
identity and access credentials, people to interact with
businesses, schools, entertainment venues, retailers, airlines,
resorts, and others and do the things and go to the places that
they did before the pandemic changed our lives."
Healthcare issuers and individuals will be granted access to the
system at no cost. Verifiers wishing to access the system will be
charged a nominal subscription and micro-payment per verification,
making it very cost efficient and effective to use the system for
small and medium sized enterprises all the way up to major
airlines, venues and facilities. The partners are committed to
making the services affordable to all parties, so that everyone can
get back to their everyday lives.
The KABN Network is working with leading industry partners to
provide a safe and effective ecosystem that supports the issuance,
ownership and verification of these verified identity and access
credentials and is proud to be working with the following partners
at the outset of this announcement covering a wide range of
technologies, issuer, consumer, and verification engagement, with
additional partners to be named as the program grows.
In addition to Liquid Avatar, our consortium partners
Include:
Trust over IP Foundation (ToIP)
- www.trustoverip.org
As a member of the Trust over IP Foundation (www.trustoverip.org) steering committee, The
KABN Network is committed to the organization's open-standard
framework and tech stacks. ToIP recently released its Covid-19
Credentials Initiative ("CCI") Governance Framework for public
review.
Lumedic Exchange - www.lumedic.io
The KABN Network, as a founding partner, is working with the
Lumedic Exchange (www.lumedic.io), an open-standards, decentralized
framework for the healthcare industry giving patients greater
control over their health data.
Loop Insights, Inc. - www.loopinsights.ai
Powering professional sports, entertainment, collegiate and
other venues and facilities with Automatic Contract Tracing, Loop
Insights, Inc. (www.loopinsights.ai) (TSXV:MTRX) has developed a fully
managed contactless check-in platform that securely transfers
contact information and triggers real-time notifications at
scale.
The Campus Agency - www.thecampusagency.com
With reach to over 2,000 US College and University campuses and
over 1.5 Million Gen Z students, alumni and families, The Campus
Agency (www.thecampusagency.com) has been supporting
innovative direct to student and online marketing programs for over
40 years.
TripXpertz - www.tripxpertz.com
Powering over 1,000 travel and government tourism boards,
airlines, travel wholesalers and resorts in US, Canada, Mexico, the
Caribbean and around the world, to more effectively reach their
intended travel audiences with end to end travel marketing
management, booking and analytics solutions TripXpertz
(www.tripxpertz.com) is changing the way the travel industry
reaches travelers and how travelers can receive better value from
their travel experiences.
XTM - www.xtminc.com
As a fintech innovator in the challenger banking space, XTM
(CSE:PAID) is a global card issuer and payment specialist that
supports business and workers to expedite cashless earnings payout
and reduce or eliminate banking fees. XTM powers a wide range of
industry sectors, including the hospitality and personal care
industries.
For more information on the program and / or how to
become a consortium partner or participant, please
visit www.liquidavatar.com
If you would like to join our mailing list and
receive updates on KABN Systems NA Holdings Corp.,
please click here
About XTM Inc.
- www.xtminc.com
XTM, www.xtminc.com is a Toronto-based fintech
innovator in the challenger banking space helping business and
workers alike expedite earnings payout and reduce or eliminate
banking fees. We are a global card issuer and payment specialist
providing free technology to business to automate and expedite
worker payouts that can eliminate cash. XTM integrates businesses
to a payment ecosystem that is coupled with a free mobile app and
Mastercard debit card with free banking features. XTM drives
enterprise value and creates a positive user experience.
XTM Inc. is publicly listed on the Canadian Securities Exchange
(CSE) under the symbol "PAID" (CSE:PAID).
For further information please visit xtminc.com or contact:
finance@xtminc.com
416-260-1641
About KABN North America
- www.kabnnaholdco.com
KABN Systems NA Holdings Corp. through its wholly owned
subsidiary KABN Systems North America Inc. focuses on the
verification, management and monetization of Self Sovereign
identity, empowering users to control and benefit from the use of
their online identity. The KABN proprietary technology suite
includes 4 key products:
Liquid Avatar is a verified Self Sovereign Identity platform
that empowers users to create high quality digital icons
representing their online personas. These icons, in conjunction
with KABN ID, allow users to manage and control their digital
identity and Verifiable Access and Identity Credentials, and to use
Liquid Avatars to share public and permission based private data
when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain
based digital identity validation and verification platform
allowing users to continuously and confidently prove themselves
throughout the online community.
KABN Systems NA Holdings Corp. is publicly listed on the
Canadian Securities Exchange (CSE) under the symbol "KABN"
(CSE:KABN).
The Company also trades in the US under the symbol "TRWRF" and
in Frankfurt under the symbol "4T51"
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For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com
For further information, please contact:
David Lucatch
Chief Executive Officer
647-725-7742 Ext. 701
mailto:ir@kabnsystemsna.com
US and Canadian Media Contact:
Nicole Rodrigues
NRPR Group
nicole@nrprgroup.com
KABN Systems NA (CSE:KABN)
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