Daeyeong Ubitec, Korea's leading information and communications engineering company, and YOONAM, which developed Time Sync Identification (TSID), the world’s first non-fixed value cryptosystem, have joined hands.
At 2 p.m. on March 3, Daeyeong Ubitec (CEO: Geun-Hwan Cho and Kyung-Tak Kim), an ICT engineering company, and YOONAM (Vice President: Sang-Il Son), a developer of Time Sync Identification (TSID), the world’s first bidirectional non-fixed value cryptosystem, have signed a memorandum of understanding at Daeyeong Ubitec’s office in Hanam. They announced that they will jointly participate in E-Government and TSID projects in Vietnam, Cambodia, and Sri Lanka starting from this year. Daeyeong Ubitec is preparing for the second leap through the specialization and advancement of Smart City SI (comprehensive services for building information systems). The company performance achieved a successful turnaround by winning contracts for ‘Construction Management Service for the 4th Stage Expansion of Incheon International Airport’ and other projects related to telecommunication facilities in the railway and road sectors. This year, the company is making an all-out effort to start a second business after it relocated to the Hanam office in Gyeonggi Province. The company is working on various projects such as planning and feasibility studies, design, analysis, supervision, evaluation and consultation based on their technical personnel and experiences. In addition, Daeyeong Ubitec is also actively supporting the development of smart cities by integrating existing wired and wireless communication network technologies with advanced communication network technologies such as 5G. Recently, the company completed business plans for areas 6 and 8 in Songdo International at Incheon Free Economic Zone and a number of Smart City plans for Pyeongtaek, Goyang, Siheung, Suwon, etc. Furthermore, they participated in, and successfully completed, network design, establishment and operation projects for the 2018 Pyeongchang Winter Olympics and Paralympics. They have incomparable know-how especially in engineering technologies related to ITS-Intelligent Transport System, which is a key function of road construction.
TSID replaces the 'fixed value' of the analogue cryptosystem that mankind has used for 2,500 years to 'bidirectional non-fixed value' for the 5G era. Time Sync Identification (TSID) is an Artificial Intelligence (A.I.) technology that automatically generates one-time identification codes with a mathematical encryption and sends them back to the server in three steps. Since it doesn’t contain any personal information (fixed value), storing personal information on the server is unnecessary. The generated identification codes will be deleted promptly after a single use so it is safe from identity theft and hacking. Moreover, it enables simple one-touch access and convenient authentication without a username and password. Domestic/foreign experts and researchers at YOONAM confirm that the existing hacking techniques can never penetrate the security of the TSID, the three-step bidirectional non-fixed value. Researchers at YOONAM have developed a revolutionary authentication technology that transforms the 'fixed value' cryptosystem that mankind has been using for 2,500 years to the 'three-step bidirectional non-fixed value' cryptosystem and have achieved patents in the United States, China, European Union, Japan, India and Vietnam. The TSID authentication technology, which overturns cryptosystem with the risk of hacking, identity theft and inconvenience of remembering password, is praised as a revolutionary technology that will change the world. M any experts also expect that TSID will change the world. Daeyeong Ubitec believes that if the TSID authentication technology, which is best suited for 5G, is fully commercialized, it will not only contribute greatly to the safety of mankind but also be a competitive advantage in the global market. They also said that discovering the source of TSID technology is meaningful. Dr. Sang Il Son, Vice President of YOONAM said, "I was dedicated to defense military cyber security for over 30 years, but I was unable to solve the hacking problem caused by ID and password exposure. Now I can finally carry out the delayed task with TSID authentication technology after I have retired from the military." In addition, he said, "Applying TSID authentication technology to the national defense and defense industry sectors is patriotic itself and will be a leader in defense cyber security."