Why Gimel
The total cost of cybercrime worldwide is estimated to reach USD 10 trillion in 2025, coming from USD 3 trillion in 2015. Critical Infrastructure as well as other organizations suffer from this. Some 60 percent of all threats are identity-based. In this context we face two core challenges:
- The lack of practical AI governance
- Unsecure identities and weak biometrics
These challenges become increasingly relevant the more AI acts in place of humans. Let`s have a deeper look:
The lack of practical AI governance: Current approaches to AI governance refer to genetic ethical guidelines. The so-called Human-in-the-Loop principle limits the potential for AI to act autonomously. Today`s authorization workflows focus on system access, which is susceptible to organizational fault and trust damages. For that reason, Gimel helps to keep control so that a digital agent only does what it is supposed to do. Gimel is documenting and tracking the power of attorney of an AI system, like a commercial register for AI, based on blockchain technology. No other authentication protocol can do that. Gimel, therefore, offers the first practical solution for AI governance.
Unsecure identities and weak biometrics: In an insecure environment, an identity is only as secure as the biometrics behind it. Since current biometrics like fingerprint, facial recognition and iris scans are too weak, Gimel brings identities to the next level by leveraging DNA biometrics, while maintaining highest levels of data privacy, achieving a global proof of personhood, which means it can identify a human among eight billion individuals. Gimel continuously monitors risks or identity theft on a global basis.. No other biometrics can do that. Gimel, therefore, offers the world`s most secure identity.
The Gimel operating system is an integrated solution since a secure authorization needs a reliable identification and vice versa. Gimel has filed patents for its solution to protect its IP and unique value proposition.