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Tuesday, July 03, 2018 — 11:40:12 (EDT)

VST Enterprises online authentication accepted on G-Cloud 10 framework

Manchester, U.K., July 3, 2018 -- VST Enterprises, which developed the technology allowing genuine users to authenticate themselves across online transactions and interactions, has been accepted onto the latest version of the government’s cloud services framework, G-Cloud 10.

The G-Cloud framework is an agreement between the government and suppliers who provide cloud-based hosting, software or support services. Public sector organisations use this digital marketplace to buy services more quickly and cheaply than if they had to enter into individual procurement contracts with each supplier.

Since the basic terms of use have already been agreed between the government and suppliers, public sector buyers can purchase services from VST Enterprises without running a full OJEU (Official Journal of the European Union) procurement process each time.

“There are several elements to our VCode/VPlatform that are valuable to public sector enterprises,” explains Melissa Henry, Operations Director of VST Enterprises. “The technology can be used to authenticate the identity of users and secure transaction data, increasing the security of personal information and confidential records. It also enables full traceability, helping authorities to tackle counterfeiting and piracy and improve tax and excise practices.”

In 2014, the EU commission passed legislation stating that all items entering the EU must prove their provenance. A report produced by the European Innovation Network identified VCode as the only standalone technology that could address this issue and VST Enterprises has received the EU Seal of Excellence for its solution.

Having a presence on G-Cloud is not a guarantee of winning public sector business. However, VST Enterprises already has a number of deals in the works with those such as Isle of Man Post Office and York Council, proving the robustness of its offering.

One of the remits of the G-Cloud framework is to encourage smaller firms to pitch for business. As of the end of last year, almost half (48%) of the £2.85bn of sales generated went to SMEs.

“This is clearly a healthy trend,” says Hendry. “By working with innovative UK companies like us, the public sector gets access to a wider range of skills and expertise. A more diverse supply chain is a key element in achieving value for money in procurement as well as further developing the UK technology sector.”

For the full features and benefits of VST Enterprises’ VCode and VPlatform and more information about the available service, go to: https://www.digitalmarketplace.service.gov.uk/g-cloud/services/771540242475962 .

About VST Enterprises

VST Enterprises is the company behind VCode® and the VPlatform. Headquartered in Manchester, the company has international offices in New York, Reno, Hong Kong, Armenia, New Delhi and South Africa.

VCode represents the next generation of code scanning technology – the technology enables users to access personalised information securely through a mobile phone or smart device. Each code is unique and matched to pre-set security parameters that vary the level of access and information per user. The technology can be adapted for a range of consumer, business and government applications, providing a secure means of verifying information.

A VCode can be scanned from over 100 metres, with a 40:1 distance to size scan ratio, at 160 degree angles, on and from moving objects, and upon any multimedia or television screen. This allows users to access exclusive content and make purchases while on the move.

Supporting the VCode app is the VPlatform – a secure, cloud-based portal that allows users to create VCodes and manage the content they lead to. The VPlatform also provides users with real-time analytics on who scanned their VCodes, and when and where the scans took place.

On top of this, push notifications and rewards can be sent back to individuals who have made VCode scans via the VPlatform, offering significant engagement possibilities for brands with their client base.

For more information about VST Enterprises, go to https://www.vstenterprises.com/ .

Source: Company press release.

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