June 20, 2024, 10:59 p.m. | Joel R. McConvey

Biometric Update www.biometricupdate.com


Procivis AG, a subsidiary of Swiss institution Orell Füssli, has been awarded a tender through the U.S. Department of Homeland Security’s Silicon Valley Innovation Program (SVIP), to work on digital open source wallets and verifier components for decentralized digital identities.

According to SVIP’s website, the innovation program offers U.S. and international startups up to $2 million in “non-dilutive funding” to develop prototype projects over a 24-month period. A press release from Procivis says it will use the opportunity to …

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