Dominode

Dominode, established in 2016 and headquartered in Boca Raton, Florida, operates as a specialized developer of a verified identity platform. The firm focuses on providing professional digital identity management services, primarily for businesses and individuals within highly regulated industries. The company was co-founded by John Toohey, who serves as the Chief Executive Officer, and Cherie 二番, the Chief Operations Officer. Mr. Toohey contributes nearly two decades of experience in architecting and managing distributed and secure systems, having previously built and sold two technology companies. Ms. 二番 brings over a decade of experience from Scientific Games, a global lottery and casino technology provider, where she led global teams in developing open platforms and microservice architectures.

The company's core offering is a platform that leverages blockchain, smart contracts, and crypto technologies to manage and secure professional and business digital identities. This system operates as a distributed trust network on a permissioned blockchain, allowing clients to control their own identity data with enhanced privacy and portability. The platform is designed to streamline compliance and licensing management by creating a single source of truth for regulators, operators, and vendors. For instance, licensed professionals and businesses can upload and submit required documents once, with automated notifications for expirations, and then grant permissioned access to various regulatory bodies across multiple jurisdictions. This one-to-many relationship between licensees and regulators aims to reduce costs and improve turnaround times for license approvals.

Key features of the Dominode platform include permissioned access to a global business network, validation of data by trusted sources with supporting proof-of-assertion documents, multi-key encryption, and mobile biometric authentication for security and portability. The business model appears to be centered on providing this secure, scalable platform to industries like gaming, where regulatory compliance and document sharing are critical and complex. The company secured $1.3 million in a seed funding round on January 26, 2018, with Blockchange Ventures being a notable investor.

Keywords: professional identity management, blockchain identity solutions, digital identity verification, regulatory compliance technology, secure document sharing, permissioned blockchain, license management platform, crypto technology, digital asset security, compliance automation, validated digital identity, secure data portability, John Toohey, Cherie 二番, Blockchange Ventures, RegTech, identity and access management, distributed trust system, compliance-as-a-service