Newsbite

Dr. Carsten Stöcker re-elected as Chairman of the Supervisory Board IDUnion SCE

Frankfurt am Main, December 16, 2022.

Spherity is proud to have our CEO, Dr. Carsten Stöcker, re-elected as Chairman of the Supervisory Board at IDUnion European Cooperative Society (SCE) at the General Annual Meeting. The re-election is a continuation of our first journey with the IDUnion SCE in August 2022. The SCE consists of Christian Klugow and Markus Büch as Executive Directors, along with Dr. Carsten Stöcker’s fellow supervisory board members: Ronnie Schrumpf, Prof. Dr. Nils Urbach, Norbert Pohlmann, Markus Sabadello, Andreas Weiss, and Daniël Du Seuil. IDUnion SCE derives from diverse members, ranging from corporate, start-ups, and cybersecurity research, to European-wide projects such as Gaia-X Federation Services and European Blockchain Service Infrastructure (EBSI).

The General Annual Meeting has endorsed the establishment of two boards that will proceed with working on standards and support the set-up of the operational IDunion SCE identity network. The boards are:

• Legal & Compliance Board

• Architecture & Technology Innovation Board

IDunion, the consortium created as part of the “Secure Digital Identities Showcase” government-funded identity ecosystem project, has reached the next stage in building a productive, transnational ecosystem with the establishment of a European Cooperative Society with Limited Liability (Sociedad Cooperativa Europea, or SCE). With the transformation into the SCE, the infrastructure for verifiable digital evidence researched and developed in the funded project can now be implemented in operations.

“The privilege of being reelected as Chairman of the Supervisory Board IDunion SCE is a testament to the trust and confidence placed in me by my fellow members. I will continue to serve with dedication and diligence, working passionately to ensure the success of the IDunion SCE and its growing business value for the EU and German private sector digital identity ecosystem.” — Dr. Carsten Stöcker

The SCE will build and operate the necessary technical network, which enables the use of secure digital credentials by citizens, private sector organizations, and government institutions for a wide range of use cases. In addition, a key strategic objective for 2023 for IDUnion SCE is to establish a liaison for driving adoption together with adjacent ecosystems such as Gaia-X, Catena-X, EBSI, EUDI Wallet Consortium, and the Open Wallet Foundation.

IDUnion SCE Members: Spherity, TrustCerts, Danubetech, DATEV, Deutsche Telekom AG, Governikus, eSatus

About Spherity

Spherity is a German decentralized digital identity software provider that brings secure identities to enterprises, machines, products, data, and even algorithms. We provide the enabling technology to digitize and automate compliance processes in highly-regulated technical sectors. Our offered products empower cyber security, efficiency, and data interoperability among digital value chains. Spherity is an implementation partner of Gaia-X and a thought leader in the area of digital product passports. Spherity holds a certification according to the information security standard ISO 27001.

About IDUnion SCE

IDunion SCE is a European Cooperative Society in formation. The purpose of the IDunion SCE is to support its member companies by developing, deploying, operating, governing, and marketing a decentralized network (aka ‘Verifiable Data Registry’) for linking and securing digital self-sovereign identities of natural persons, legal entities, and things, in compliance with the relevant legal provisions in force in Europe, in particular in compliance with the regulations applicable to data protection and data security. This network can be used by all members of the SCE and 3rd parties for their benefits, commercial undertakings, and business models.

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