- a brand-new swIDch Auth SDK provides FIDO, mOTP, and OTAC login functions
- Unprecedented pricing policy empowers organisations to develop innovative products and services by achieving efficiency and cost savings
16 June 2021
LONDON, UK – swIDch announced it has launched an all-in-one authentication software development kit, swIDch Auth SDK, providing simpler, faster, and safer authentication in cybersecurity that can be applied in a variety of industries from enterprise solutions to customer access management systems.
The swIDch Auth SDK is composed of three strong authentication functions including international standard biometric authentication, simple two-step authentication, and innovative one-time random code authentication. A brand-new product line of swIDch is provided as an SDK so that developers can easily and stably implement trustworthy authentication functions in their applications, which means that more efficient and seamless authentication functions can be installed without expensive R&D costs from the stage of solution development and system deployment.
swIDch Auth SDK’s FIDO (Fast IDentity Online) authentication provides user biometrics, patterns, PINs, QR codes, encryption, and digital signature, private key, and server administration. Its easy mobile secondary authentication mobile OTP can build a very strong self-authentication system by creating a one-time password with a smartphone app without a physical security card. swIDch’s OTAC login authentication provides OTAC with more than 170 global patents creating dynamic one-time authentication codes that cannot be reused, cannot be duplicated with other users, and cannot be changed every time without communication with the server.
swIDch also announced an unprecedented pricing policy for the new product to empower organisations to develop innovative products and services by achieving efficiency and cost saving through relocation of R&D personnel for authentication technology development in Labs. The Pioneer membership of swIDch Auth Authentication, which consists of a one-pack license, is $5,000. Its Enterprise membership charges $45,000 allowing Unlimited Licensing for internal systems and 20 licenses for reselling. Both memberships provide basic technical support services as well.
The product launch is designed to help System Integration (SI) companies that need rapid and stable system development based on proven authentication security technology, security solution vendors that need reliable all-in-one authentication security technology, organisations and enterprises that need international standard authentication technology to apply to their business with agility, companies that require network upgrades with reliable authentication technology, and those who want to deploy their developers working on authentication more efficiently and save costs of development
Chang-Hun Yoo, Founder and CEO, swIDch said: “Cost reduction is of vital importance for companies that need to operate an integrated authentication process with multiple partners or SI companies who are involved in multiple projects every year, a key motivation for swIDch in launching it’s ‘swIDch Auth SDK’ product. swIDch wants to keep growing as an authentication security Lab that provides an agile, efficient, cost-effective, and secure authentication security platform to companies that want to build an authentication security infrastructure.”
swIDch Ltd. (www.swidch.com) is a cybersecurity start-up based in London with an R&D center in South Korea. The company helps businesses to identify and authenticate its users through our patented algorithm, one-time authentication code (OTAC) that generates in a networkless environment, to tackle problems of identity theft and CNP frauds. It is a security feature for uninterrupted use of devices by combining user identification and authentication steps into one only with the dynamic authentication code. Since its foundation in 2018, the company has been chosen for leading accelerator programmes in Europe and Asia – LORCA, Global Entrepreneur Programme, and Accenture FinTech Innovation Lab. Furthermore, swIDch gained global recognition for its innovative authentication technology, selected the winner of the “Authentication Solution of the Year” in CyberSecurity Breakthrough Awards, the winner of the hottest Cybertech Company from Europas 2020, and the annual list of the world’s most innovative Cybertech Company ‘Cybertech100’ three years in a row since 2019.
SSenStone Inc. (www.ssenstone.com) is the parent company of swIDch, proving its technological prowess and growth potential by taking first place with the best score in the “Baby Unicorn 200 project” of the Ministry of SMEs and Startups, Republic of Korea. Consisting of cybersecurity experts with over 10 years of experience, SSenStone continues to research and develop technologies that provide safer and more convenient identification and authentication between humans and devices or devices and devices in a rapidly changing ICT environment.