VirtualSAFE can be used in a wide variety of transactions that demand ‘strong’ policy driven authentication of all parties, unsurpassed security, privacy, legal consent, and data protection. The architecture of VirtualSAFE is modular, supporting various corporate applications: business, finance, entertainment, health and government.

All modules run from a single policy-based user authentication infrastructure, resulting in a seamlessly integrated secure environment that supports comprehensive global business requirements, addresses ongoing European Union (EU) data protection and privacy issues, and complies with international agreements such as Safe Harbor.

Identity management within – corporate jurisdictions are empowered to securely exchange human resource data based on user consent between jurisdictions, while complying with EU privacy and international agreements (i.e. Safe Harbour).

Identity management without – external customers are rigorously authenticated by a process that is easy for them to use, while their privacy is protected.

Anonymous accountable financial transactions – both merchant and customer are relieved of liability for fraudulent transactions.

Enhancement of financial applications – credit/debit card payment processing, e-check, Electronic Fund Transfer (EFT) for customers or businesses with optional electronic multi-party signing authorization of transactions (i.e. =2 Authorized Officers or Directors).

Enhancement of merchant services:
- Customers are empowered to use new standards (i.e. Visa 3D, MC SPA, AMEX Private payment) from a single platform.
- Merchant guarantees customer that delivery of services and goods is compliant with agreement.
- A number of functionalities are supported (i.e. escrow, payment and shipping status, return, insurance).

Facilitated adoption of technology – “p2pSAFE” financial sub-module enables businesses to quickly and easily adopt VirtualSAFE technology.

Management of legal consent – jurisdictional interoperability of VirtualSAFE Power of Attorney module empowers three types of conventional and/or electronic consent (express, informed, implied), also enabling single or chain, known or unknown consent hierarchy.

Guarantee of data integrity, and transaction non-repudiation – mistakes such as mixing of identity information are prevented, unauthorized access is disabled, reducing business administration cost and corporate liability.

Guarantee of data integrity and transaction non-repudiation – customers are provided with secure transfer of funds from a credit or debit card to anonymous Person-to-Person (P2P) account, enabling accountable yet anonymous wagering requests.

Minimized need for cheque issuing by entertainment industry – customers are provided with secure transfer of funds from P2P account to external bank account.

Meeting federal, state and national legislation requirements:
- Customers are strongly authenticated in their jurisdiction based on residence, policy and local legislation.
- Legal audit and monitoring are provided to regulation authorities.
- Auditors are strongly authenticated and granted access only to information related to their jurisdiction.
- All accesses are logged to provide a detailed, encrypted audit trail.

Consent management in compliance with worldwide privacy legislation – the consent mechanism enables a known or unknown authorized third party legal restricted access to patients’ health records during emergencies, while strong authentication provides seamless communication between physicians, laboratories, pharmacies, hospitals and insurance companies.

Guarantee of data integrity – mistakes such as mixing of identity information are prevented.

Stringent audit process reduces potential liability.

  GOVERNMENT / INSTITUTIONAL Module 

Secure storage of citizens’ data – government and its agencies securely store social insurance numbers, driver licenses, health cards, health records, while compliant with all privacy and data protection legislation.

Secure link to existing repositories – once VirtualSAFE is in place, it enables the authentication and issuing of new identification cards digitally signed by the issuing authority, effectively merging conventional card generating and printing processes with a strong authentication process.

Enhancement of travel security – travelers’ itinerary, visa and passport information are strictly protected, complying with worldwide privacy legislation (i.e. EU directives), and simultaneously enabling government agencies to generate privacy-compliant reports required for regulating cross-border traffic (ie. US).