Enabling trust in dataspaces: Exploring T-Systems and OpenCorporates collaboration

In the fast-paced landscape of dataspaces across industries, one common challenge prevails – the efficient onboarding of participants into these complex ecosystems. At the heart of this challenge lies the need to verify the authenticity of companies seeking entry, ensuring they possess the necessary identification credentials. Fortunately, innovative solutions are emerging to tackle this hurdle head-on.

Navigating the complexities of dataspace integration

Dataspaces, irrespective of their industry, grapple with the task of seamlessly integrating new members into their fold. A key step in this process is the verification of essential company identification numbers, such as tax identification or commercial registration numbers. Without a reliable system in place, the integrity and security of the entire dataspace ecosystem could be compromised.

To address this challenge effectively, the adoption of trusted partners becomes crucial. OpenCorporates, renowned for its extensive database of company information with global coverage, stands as a support in the realm of company registration number validation. Coupled with the expertise of T-Systems, a leading technology and service provider specializing in digitalization, the stage is set for a transformative solution.

OpenCorporates & T-Systems: Pioneering a unified approach

The core of the solution lies in leveraging the strengths of both OpenCorporates and T-Systems to streamline the onboarding process. OpenCorporates furnishes the necessary company information, drawing from its vast repository, while T-Systems undertakes the crucial task of verifying this data and delivering the verification results in a dataspace-compliant manner. The culmination of this collaboration results in the issuance of digital proofs, manifested as Verifiable Credentials, securely signed, and authenticated through T-Systems' Digital.ID.

At the heart of this solution is the adherence to standardized protocols, such as the Gaia-X Digital Clearing House rules and W3C standards for Verifiable Credentials. This ensures a uniform approach across the board, fostering interoperability and trust within the data space ecosystem.

Verifiable Credentials: forget about unauthorized access

With the solution in place, participants can now get onboarded into dataspaces with ease and confidence. The robust verification mechanism provided by OpenCorporates and T-Systems implants trust in the integrity of company data, mitigating the risks associated with fraudulent or inaccurate information.

Moreover, the digital proofs in the form of Verifiable Credentials hold immense potential beyond mere validation. They serve as assets for automatic access validation and contract negotiation, streamlining operational workflows and enhancing efficiency.

The secure nature of digitally signed Verifiable Credentials ensures the authenticity and security of the information exchanged within the dataspace environment, safeguarding against malicious disruption or unauthorized alterations.

Become a trusted partner across dataspaces!

In conclusion, the collaboration between OpenCorporates and T-Systems exemplifies the power of synergy in overcoming complex challenges. By harnessing cutting-edge technologies and adhering to best practices, the journey towards a seamless, trusted dataspace ecosystem is well underway.

Start your journey with us, become a trusted partner with Digital.ID and OpenCorporates!