Sun Life Financial Inc. has partnered with SecureKey Technologies Inc., both based in Toronto, to employ identity and authentication solutions using blockchain technologies.
The insurer hopes the collaboration will enable clients to securely share identifying information using other trusted providers, such as banks, telecommunications companies, and governments.
“As part of our relentless focus on making it easier for our clients to do business with us through new digital capabilities, we are proud to team up with SecureKey to offer an even more simplified online experience,” says Mark Saunders, executive vice president and chief information officer at Sun Life Financial, in a statement.
“As we take the next step along our digital transformation journey, we’ll soon be able to streamline and simplify the onboarding process for new clients using SecureKey’s permission-based tools and blockchain security to instantly verify personal information,” he adds.