Location: Toronto, Ontario
Industry: Enterprise Software
Company Overview: Distributed ID enables compliant data sharing for financial services without leveraged logins or screen scraping. DIID helps allow third party access to user's financial data through a privacy preserving gateway without screen scraping. They also help enterprises audit and trace their transactions through transparent records for consent and financial data movement. Lastly, they help firms monitor and understand where identity data records are stored across systems and organizations.
Our Story: Ripple met the CEO of DIID, Merrick Read, after he was the lead engineer at Turnstyle Solutions for several years. Merricks proven ability to build and scale technology along with his passion for enterprise blockchain solutions, lead Ripple to invest in the companies pre-seed round.