We’re excited to announce our support for the GLEIF’s verifiable LEI (vLEI) program. The vLEI is an organization-based Verifiable Credential that asserts trusted organization identity and the roles of authorized representatives and employees.

vLEI pilot registration is now open with RapidLEI, and will be available via our global partner network.

RapidLEI is a service from Ubisecure, a leading Identity-as-a-Service (IDaaS) and Customer Identity and Access Management (CIAM) solution provider. Ubisecure’s IDaaS and CIAM solutions will support vLEI adoption to help manage employee rights through its Representation Governance capabilities.

View more details in the press release.

Paul Tourret, Corporate Development Officer at Ubisecure said, “We share the G20’s vision for the LEI as the single global organisational identifier. We also share the vision that Verifiable Credentials can address a multitude of use cases as people take control of their digital identity. Ubisecure is an Identity-as-a-Service company, and we are committed to help realise the game changing potential of LEI-based Verified Credentials. The vLEI brings the benefits of LEIs to a much wider audience by establishing trust in the identity of who you’re doing business with, whilst at the same time increasing privacy and efficiency. We are excited to begin running pilots to demonstrate the power of asserting LEI-based organisation identity and linking people to verifiable organisations.”

GLEIF CEO, Stephan Wolf said: “Since the launch of the vLEI, we’ve received an overwhelmingly positive response from our Local Operating Units (LOUs), acknowledging the potential it offers for expanding their client base. We are in the process of supporting a range of partners to set up their vLEI pilots and we are pleased that all of GLEIF’s LOU organizations have come forward to take part in this vital stage of the technology’s development. We look forward to working closely with Ubisecure during this pivotal time.”