The cloud-based feature of 1Kosmos BlockID stands out because when working on SAP, it often went down due to memory size, but since 1Kosmos BlockID is cloud-based, downtime is not experienced. The second standout feature is the login ID and password recognition; it allows the right person to log in without manual entry of usernames and passwords, making 1Kosmos BlockID very helpful in any situation. 1Kosmos BlockID offers passwordless authentication that eliminates 2FA. It operates through biometric authentications, such as facial recognition and thumb impressions, which are compliant security keys for enterprise applications. Identity verification is another strong feature; if 1Kosmos BlockID recognizes a user, it ensures that the right person is logging in. It uses AI and machine learning to scan government-issued IDs, licenses, and passports, matching them with user biometrics for 100% accuracy. The digital wallet feature also stores user identity information in a private or permissioned blockchain, allowing users to control their personal data. It meets high assurance standards, including NIST 800-63-3 and GDPR, and supports both app-based and browser-based user journeys for onboarding and authentication. 1Kosmos BlockID has positively impacted the organization by enhancing security through eliminating usernames and passwords and storing encrypted user data in a private permissioned blockchain, which drastically reduces the risk of data breaches and phishing. Furthermore, it has improved operational efficiency by streamlining the user experience, reducing help desk calls for password resets and simplifying identity management, thus increasing overall productivity. In terms of time savings, for a team of 15 people, a monthly saving of around eight to ten hours has been observed after using 1Kosmos BlockID. Before its implementation, the IT help desk faced 300 to 500 calls a month. After using 1Kosmos BlockID, that number reduced to just 70 to 80 calls monthly, significantly alleviating common password-related issues.
