VESauthPowered by VESlockerVESauth is a subset of the VES APIs that leverage the innovative
VESlocker technology for authentication and authorization. The VESlocker
technology is a PIN based software solution that achieves hardware
grade cryptographic user access, but without the extra hardware. The
result is software level user access convenience with hardware level cryptographic
security. VESauth ApplicationsBy itself, VESauth can be used for cryptographic grade authentication and
authorization. In this capacity it does provide some security benefits over
competitive Two Factor Authentication services. Specifically, it provides an
answer to the vulnerability of Two Factors being accessible through a single
device, such as the second factor code being sent via text or email to the
same phone using the app or browser to authenticate. Crypto wallets - a use case exampleA typical example of this is in the use of crypto wallets where the
user must enter their PIN to log into the wallet through VES, and that action also
unlocks the user's VESkey with which the wallet encryption key can be decrypted and
used by the wallet. In this case, not only is the wallet fully cryptographically secured,
it has two additional benefits: 1) superior user convenience of only needing a PIN to
access the wallet; and 2) utilization of the multiple key redundancies of VES, including
VESrecovery, to mitigate the risk of key loss. |