They form the "rails" for how we demonstrate authorisation, entitlement, and agreement right across business and society.
Digital Identity systems provide simplified access for citizens and consumers to online services. In commerce digital identity promotes productivity and economic growth by reducing administrative frictions in business.
But such schemes face mistrust in society over privacy and personal data misuse concerns.
• Standards: in reflecting citizen trust in the guidance, regulation and frameworks with which identity and data sharing and use must comply
• National Digital ID: in providing the identity foundations used by government services like tax, healthcare and voting
Functional and pervasive national ID features in the most advanced digital Governments such as Denmark, Finland, South Korea, Singapore and Estonia.
This regulation defines a international trust framework spanning 0.5Billion people
Each of 30 member states provide an optional Digital Wallet to its citizens, residents and businesses by 2026.
• Enabled estimated 2% impact on GDP
• Enabled best value and personalised citizen services
• Sustained and supported improved trust in government
• National Digital ID
• Legal certainty of digital signatures
• Digital Trust technology for privacy and consent
This can put Government in the citizens pocket, where everything a citizen needs from the state is accessible within 3 moves of the thumb.
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