IDsure has successfully closed a €600,000 seed funding round aimed at enhancing its digital identity infrastructure for the maritime sector. This investment will support the expansion of IDsure’s services, focusing on establishing direct collaborations with flag states and training institutes for certificate issuance, while also fostering a network of service providers to create IDsure-powered solutions for ship managers, employers, and seafarers.
Currently, the maritime industry relies heavily on paper documentation, with over two million seafarers working on approximately 75,000 merchant ships and numerous training centers. The traditional paper-based system is time-consuming and susceptible to forgery. IDsure addresses these challenges with three key features: aviation-grade identity verification in partnership with SITA, tamper-proof certificates recorded on the Concordium blockchain, and instant credential verification via QR codes.
The platform is designed to comply with STCW, ILO 185, and flag state requirements, with initial deployments including the Bahamas Maritime Authority, Columbia Shipmanagement, and SITA. Unlike other maritime tech solutions that provide isolated tools, IDsure offers a foundational infrastructure layer. This allows flag states and training institutes to directly issue and update records on the platform, while service providers develop user-facing applications.
Jesper Holmgren, Founder & CEO of IDsure, emphasized the need for digital transformation in the maritime industry, highlighting the inefficiencies and risks associated with paper-based systems. The seed funding will enable IDsure to scale its infrastructure, providing a reliable trust layer and facilitating Trust as a Service for the entire maritime ecosystem. This approach allows IDsure to grow in collaboration with service-provider partners, enhancing the industry’s overall efficiency and security.
