Below is our recent interview with Abdul Sindi, CEO at BlockSensys:
Q: What is BlockSensys?
A: BlockSensys is a company dedicated to standardizing the format of digitally signed credentials utilizing Distributed Ledger Blockchain technology. Our team is building a Blockchain Digital Identity Management System to store and send Personally Identifiable Digital Identity data, such as but not limited to a passport, driver’s license, power of attorney, grant deed, health record, voting ballot and real-time tally, and refugee geo-location and identifier. To apply Distributed Ledger Blockchain technology to each one of these real-world applications, BlockSensys utilizes a Blockchain Implementation Improvement Framework that collects and interprets quantitative and qualitative data on Human-Blockchain Interaction. BlockSensys was founded in 2019 as a result of a research study that analyzed the implementation of a prototype Blockchain system for official university transcript management.
Q: Can you give us more insights into your offering?
A: The goal is to improve our daily lives by providing enhanced security, complete autonomy, and sustainability in record keeping for digital identity management. The Blockchain Digital Identity Management System utilizes a completely decentralized distributed ledger as a method of verification to enhance our digital identity security. Verification is completed on the Blockchain and thus allows for an individual to have complete autonomy to send their official digital identity documentation from the safety of their home at anytime they desire. This increases the speed and efficiency of identity verification and reduces human contact and consequently the transmission of the Covid 19 virus. Since the storage of the ledger of digital identity transactions is decentralized and distributed among each participant’s personal computers, the sustainability in record keeping exponentially increases. Current legacy systems store sensitive data centrally within a number of their computers, whereas on the Blockchain Digital Identity Management System, the ledger of stored digital identity data and transactions exist on each and every node or personal computer. Current competitor digital identity Blockchain systems store sensitive data centrally and utilize a decentralized Blockchain for verification. Our system stores and validates digital identity data on a completely decentralized distributed network.
Q: What can we expect from your company in the next 6 months? What are your plans?
A: Within the next 6 months we will be meeting milestones set forth and conducting system testing. Aside from the technical side, we will be conducting research studies where users will try the system and give feedback in the form of quantitative and qualitative data input through the implementation of our proprietary Blockchain Implementation Improvement Framework. These studies will give insight to how the system will be adopted and how the system can be improved. Due to the nature of Personally Identifiable Digital Identity data, we are working on meeting governmental standards on digital identity management. Since Blockchain has not yet been applied to digital identity management, there is policy that needs to be created and thus we are foreseeing the need to adapt and create policy on Blockchain Digital Identity Management and Implementation.
Q: What is the best thing about your company that people might not know about?
A: We are both a company that creates and implements a Blockchain product. The implementation process involves systematic academic research on the adoption and improvement of Blockchain for Digital Identity Management. The best thing about our company is that we interconnect real-world application and academic research. Our research is published and new research will continue to be published in journals, which allows for feedback from the academic community and spreads awareness to what is the future of non-cryptocurrency Blockchain application. Our Blockchain Implementation Improvement Framework is statistically validated and reliable. Most interesting are the results of the initial Blockchain study which displayed how users would adopt a system for official university transcript management. Of the multiple adoption factors that aim to improve the system (as shown below), Autonomy by means of Subjective Norm and User Interface and Request Process by means of Perceived Ease of Use, are significant predictors of user adoption. This gives detailed insight on how a particular user base will adopt such a system. Other adoption factors exist and will be added to the framework as needed by the specific context to which this system will be applied to.