Real-World Use Cases
A few practical uses and how it has effectively been applied by client type
Banking Sector
Secure Transactions for Financial Institutions
In Austria, a major bank uses safeX™ to verify and authorize large financial transactions securely. For example, enterprise customers requesting multi-million Euro transfers or stock purchases can sign the transaction digitally using the X.509 protocol. This ensures non-repudiation, meaning the bank can prove that the transaction was authorized by the certificate holder, meeting strict regulatory requirements and providing an alternative to traditional handwritten signatures or faxes.
Financial Institutions and Enterprise
Digital Signature and Encryption for Sensitive Data
Multiple renown banks implemented safeX™ to replace its manual, paper-based transaction authorization process. By digitizing the signing and verification process, the bank enhanced security, reduced processing times, and eliminated the need for physical signatures and paper storage. The implementation supports the secure transfer and storage of sensitive financial data, ensuring compliance with legal standards and improving operational efficiency.
enterprise Compliance
Document Management and Compliance
Several enterprise clients have integrated safeX™ into their IT infrastructure to manage secure document signing and encryption across multiple departments. This setup ensures that all digital communications and transactions are encrypted, signed, and verifiable, helping the organizations maintain compliance with industry regulations, such as GDPR, while also streamlining their document workflows.
Technology & Security Firms
Secure Key Management with HSM Integration
safeX™ integrates with Hardware Security Modules (HSMs) to provide a secure environment for key management. This solution is used by financial institutions to securely generate, store, and manage encryption keys, which are essential for safeguarding digital transactions and sensitive information. The integration ensures that all cryptographic operations are performed securely within the HSM, reducing the risk of key compromise.
