Sectors

Business Services

Make your business more competitive by leveraging the wisdom of your peers to drive innovation, improve efficiency, and gain competitive advantage.

The Challenge

Ensure you are always innovating. If you aren't, you are slowly becoming obsolete as your competitors overtake you. Collaboration will drive the next wave of innovation as businesses start to work together on common problems.

Innovate

Innovate to stay ahead of your peers.

Competitive Advantage

New technologies create new opportunities to drive growth.

Our Solution

Collaboration fosters a trusted environment, boosts team productivity and efficiency through seamless communications and better information sharing. Working in a secure environment also facilitates compliance with industry regulations and standards, ensuring legal and ethical operations.

Preserving Privacy

Safeguard sensitive information from unauthorised access but still enable insights to be extracted.

Richer Insights

Access to more data means better analysis can be done and, by extension, better decision making

Improved Outcomes

Leveraging diverse datasets and expertise can lead to more informed decision-making and improved business outcomes.

Introducing

Project PHACKS

The Platform for High Assurance Collaborative Knowledge Sharing (PHACKS) is an EU funded commercialisation initiative aimed at developing new markets for advanced privacy-preserving technologies where data collaboration is at the core of the participants collaboration. The project focuses on creating solutions that enable secure and privacy-respecting access to digital services and resources that leverage data assets that each of the participants hold but in a manner where those assets are not disclosed to the other participants. PHACKS leverages cutting-edge cryptographic techniques, including zero-knowledge proofs and secure multiparty computation, to ensure that sensitive information is completely protected during the data processing stages.

FAQs

Get answers to common questions about our services and technology. Our FAQ section provides quick, clear information to help you understand how we can support your organisation.
Please provide an example of how collaboration can benefit a business?

By collaborating businesses can leverage each other's data to generate new insights to help drive better decision making that otherwise would not be possible if the collaboration did not happen.

What is a data collaboration?

Data collaboration is the process of sharing, combining, and analysing data across different teams, departments, or organisations to achieve common goals, improve decision-making, and drive innovation. It involves leveraging collective data resources and expertise to generate insights that would be difficult or impossible to obtain individually.

How can business stay compliant with  GDPR if they are sharing data?

To stay compliant with GDPR while sharing data, businesses can follow these steps: Obtain Explicit Consent: Ensure that data subjects have given explicit consent for their data to be shared. Utilise Privacy Enhancing Technologies: Alter the data structures to enable insight creation without any exposure of data Anonymize or Pseudonymize Data: Remove or alter personal identifiers to protect individuals identities. Data Sharing Agreements: Establish clear agreements with third parties outlining data protection responsibilities and compliance. Conduct Data Protection Impact Assessments (DPIAs): Assess and mitigate risks associated with data sharing. Secure Data Transfers: Use secure methods, like homomorphic encryption, and protocols for data transfer to prevent unauthorised access.

What industries are best suited to the use of PETs?

Privacy-Enhancing Technologies (PETs) are particularly beneficial in industries that handle sensitive data and require robust privacy protections. The industries best suited to the use of PETs include: Healthcare: To protect patient data and comply with regulations like HIPAA. Finance and Banking: To secure financial transactions and personal financial information. Telecommunications: To safeguard communication data and prevent unauthorised access. E-commerce: To protect customer information and transaction details. Government and Public Sector: To secure citizen data and maintain trust. Technology and Internet Services: To protect user data and maintain privacy in online services. Legal Services: To ensure client confidentiality and secure sensitive legal documents. Education: To protect student data and comply with educational privacy regulations. These industries often deal with high volumes of sensitive personal information, making the adoption of PETs crucial for maintaining privacy and regulatory compliance.

Will I be breaking the law if someone else uses my data?

You typically won't be breaking the law if someone else uses your data without your permission. Rather, the party using your data unlawfully may be violating privacy laws. Depending on the jurisdiction and the circumstances, these laws might include: General Data Protection Regulation (GDPR) in the EU: Requires explicit consent for data usage, and unauthorised use can result in significant fines. California Consumer Privacy Act (CCPA) in the USA: Grants consumers rights over their data and imposes penalties for unauthorised use. Health Insurance Portability and Accountability Act (HIPAA) in the USA: Protects medical information, and unauthorised access can lead to legal consequences. Personal Information Protection and Electronic Documents Act (PIPEDA) in Canada: Governs data privacy, and non-compliance can result in penalties. If you believe your data has been used without your permission, you should report the incident to the appropriate regulatory authority or seek legal advice to understand your rights and potential actions you can take.

Still have questions?

“Sedicii enables us to confirm financial account holders data automatically, accurately and in real-time. The fully trusted consent driven validation against the issuing authority ensures our KYC compliance is up-to-date and real and is exactly where we need it to be.”

CEO

Waterford Credit Union

“Security and customer experience are key areas for all businesses. We are very pleased to be innovating with Sedicii since they won our BT Infinity Lab competition”

Operations Director, Infinity Lab,

BT

“The start up with the greatest potential to transform the financial sector in the next 10 years!”

Head, Open Innovation Program,

BBVA

“Sedicii is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them and who are determined to do their part to solve those challenges with their company.”

Head, Technology Pioneers Program,

World Economic Forum