Deverium Secures €2M Funding to Tackle Global Cross-Border Identification Challenges

Deverium, an international software development company, in collaboration with Corner Case Technologies, has secured €2 million in EU funding to develop a cutting-edge digital identity platform. This new solution will address persistent cross-border identification issues, providing a distributed and reusable platform that simplifies the complex global identity verification landscape.

 

Deverium CTO Edvardas Maslauskas and CEO Erika Maslauskaitė

 

The lack of universally accepted digital ID solutions has led to costly onboarding challenges for businesses worldwide. Deverium’s innovative approach aims to streamline the process, significantly reducing costs for companies while enhancing user experience.

 

“With our deep expertise in digital identity and a commitment to addressing global challenges, we are developing a product that offers secure, interoperable identity verification. Users will benefit from greater privacy control, while businesses will enjoy reduced costs,” said Erika Maslauskaite, CEO of Deverium.

 

This new platform, built upon the EU’s eIDAS standards, will not only ensure compliance but will also protect personal data using advanced cryptographic methods, making it a key player in the future of global identity verification.

 

Deverium’s continued success showcases the strength of the tech ecosystem here in Vilnius, reaffirming the city’s reputation as a hub for innovation and forward-thinking solutions.