Findy, a visionary initiative by the public and private sectors, is developing a new type of verifiable data network that strengthens Finland’s position as a driving force in building digital trust

Joonatan Henriksson

Joonatan Henriksson

Head of Digital Business

Toukokuu 25, 2021 at 17:08

Nixu is one of the founders of the Findy Co-operative, which is an unique, open-to-all organization based on public-private collaboration. Findy Co-op is developing a common, shared and secure network of verifiable data — a way to ensure the correctness of data in digital interactions. Findy is increasing the trust needed in digital interactions, improving convinience for the end-users as well as increasing private and public-sector productivity.

Findy

There is huge demand for building trust among both individuals and organizations. Every day, people and organizations use various documents verified by third parties. Such documents can be used to validate broad range of data, such as a person’s name, age, professional qualifications or membership in a loyalty programme. Different organizations use this verified data as the basis for personalization, authorizations and representation rights related e.g. to social, healthcare and financial services. The trust in the data is based on the reliability of these credentials and the organizations that issue them.

The aim of the Findy Co-operative is to promote an ethically, economically and socially sustainable data policy

In the future, individuals and organizations will be able to share their data in a common, privacy-protecting manner during digital interactions. During digital interactions, individuals and organisations can use the Findy network to share data with those who need it, in accordance with the MyData model and in a privacy-protecting manner. Personal identity cards, insurance certificates, loyalty cards and, for example, certificates for professional qualifications can be stored in a digital credential wallet ensuring easy use. Data verified in this way enables mutual trust between parties in digital interactions. This will significantly streamline and simplify online interaction in the future.

Findy is a non-profit joint venture between the public and private sectors

The Findy Co-operative is a joint non-profit organisation established for the creation and governance of the Findy network. The co-operative aims to promote an ethically, economically and socially sustainable data economy, increase digitalization, and develop public-private partnerships. It operates in a transparent manner and it is open to participation by all organizations that commit to jointly agreed responsibilities and rules.
 

Read more about the initiative >>