The Board of Protectoria Genial Identity Inc. (PGI), the local subsidiary of Protectoria Venture, has today nominated the Directors, management team with Erik Storelv as President.
PGI has secured exclusive access to Protectoria Venture´s technology and identity services for the Philippines, and has the ambition to take the leading role in the country as provider of decentralised digital ID services.
Nominations
The company has made the following nominations:
Chairman of the Board – Trond Lemberg, Norway
President – Erik Storelv – Norway, Manila Philippines
Director – Jan André Heggem, Manila, Philippines
Director – Carl Martin Faannessen, Manila, Philippines
Director – Wilfredo Casumbal, Cainta, Rizal, Philippines
Treasurer – Wilfred Casumbal
Corporate Secretary – Jose M. Layug Jr, Divina Law
Assistant Corporate Secretary – Richie Avigale Ramos-Pilares
Erik Storelv is currently the Chief Financial Officer of Protectoria Venture and has varied experience from finance, business development, energy and technology.
Erik Storelv’s main task will be to develop the organisation and position PGI as the leading provider of decentralised digital identity services in the Philippines. PGI will have with it´s exclusive access to Protectoria Ventures innovative ID services and world class ID technology a strong competitive advantage.
Erik Storelv states following his nomination:
“I believe that PGI is with this organisation well positioned to succeed as we are with our partners are one of the very few with the relevant experience, business model, approach and technical capability to deliver decentralised digital ID technology to the ASEAN markets; that are interoperable with the newly established international standard, and tuned in with the EU and World Bank visions and that complies with all current and relevant European Union (EU) Security Standards.
Our group’s ambition is to make PGI one of the main centres of competence and excellence for the next decades, and to demonstrate to ASEAN market the benefit of our IDs from the Philippines.”
The digital identity architecture for next decades
l institutions like the World Bank, the Asian Development Bank, the World Economic Forum that the benefits for society, citizens and firms would be significant. The expanded use of such digital ID infrastructure will reduce cybercrime, facilitate digital transformation, and by creating trust, deliver interoperability, efficiency, and financial inclusion. The secure and trusted feature combined with ease of use and portability will ensure its adoption and the release of significant cost benefits to society.
In real life, this means that citizens will have secure access to services online with a Digital Wallet on their mobile devices with ease of use, without having to use private identification methods or unnecessarily sharing personal data. With this solution acceptance of use of digital identities and personal data to prove their existence and their claims will expand as citizens will have full control of personal data and what data they share.
The decentralised digital identity infrastructure would be the most efficient mitigation against cybercrime. SSI is the perfect solution to how to create digital trust and combine the needs for:
- Sovereignty
- Privacy
- Security
Protectoria believes PV IDaaS is the digital identity architecture for the next decades fully interoperable with the SSI principles and expects strong market growth near term and long term. With the early mover advantage of a ready to be deployed operable decentralised ID platform, a differentiated business model and a strong team with a clear strategy, we ambition to demonstrate sales, ability to execute and take a leading position in the coming digital ID revolution away from centralised digital ID registers.
About Protectoria Venture AS
is a Norwegian company with offices and resellers in Oslo, Berlin, Jakarta and Manila, that develops and operates, and sells a secure cloud infrastructure, managing decentralised digital identities as a service. The decentralised digital identity platform is called “MY IDentity Services using SSI (Self Sovereign Identity) and blockchain technology and integrates mobile front-end technologies for securing transactions offering decentralised digital IDs as a service. (PV IDaaS).
Protectoria Venture with its resellers and subsidiaries are one of the very few with the relevant experience, business model, approach and technical capability to deliver decentralised digital ID technology to the ASEAN markets; that are interoperable with the newly established international standard, and tuned in with the EU and World Bank visions. Protectoria ambitions to take a leading role in the digital identity revolution and focus currently on sales in the ASEAN region.
About PGI
Protectoria Genial Identity Inc, is the subsidiary of Protectoria Venture, and has secured exclusive rights for Protectoria Venture’s technology and ID services for the Philippines. The company has offices in Quezon City and Makati and ambition to start marketing of the decentralised ID services across the country, to assist in protection against cybercrime and to kickstart a major digital transformation, including replacing manual cards with a secure digital ID, and allowing interoperable interactions with other countries. PGI has the ambition to be the leading vendor of decentralised digital ID services in the Philippines and to expand with local partners, secure access to world class technology, and deliver to local needs.
More information:
Erik Storelv, CEO (PGI), COO and CFO; erik.storelv@protectoria
Cell phone: +47 465 52 22 00