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How to Solve the Web’s Identity Crisis

– CoinPedia

  • Viewpoint
  • Posted by Good ID team (Good ID)
  • Via Waldemar Scherer (CoinPedia)
  • 15 October 2021

How the landscape of identity and verification needs to develop from digitized documents to digitalized identities

This article explores how, despite living in a digitally-transformed society, current digital identity systems are outdated and insufficient. Physical documents and IDs are still more widely used and the main alternatives are digital copies of these documents.

"In a world where everybody seems to be talking about digital transformation, identity management remains firmly rooted in the past."

This article advocates for the ‘digitalization’ of identity systems - where digital technology is used to change a business model - rather than the current ‘digitization’ of documents. This is because the current systems still require physical documents, and lack interoperability. The advancement of officially recognized, user-controlled, decentralized digital IDs are instead supported.

The ID2020 Alliance is a public-private partnership that espouses the principle that identity is a human right and that individuals must have ‘ownership’ over their own identity

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