Photo: / PHOTOCREO Michal Bednarek

The World Economic Forum: Reimagining Digital Identity

– ManagedLEI

  • Report
  • Posted by Good ID team (Good ID)
  • 25 March 2020

This article explains the World Economic Forum’s approach to digital identity

In a new report, the World Economic Forum has set out the ways that online identification can be improved, ensuring that transactions are safe and speedy while people retain control of their information.

“Users want to feel like they own their own data and they are simply loaning it to companies when they need to access a service.”

The article illustrates how a lack of secure identification and the risk of cybercrime is holding us back from making the most of innovative technology, such as new medical tools.

The World Economic Forum states: ‘Solutions that support digital identity that are fit for purpose, inclusive, useful, secure and founded on offering user choice will benefit individuals as consumers by providing them with convenience, privacy, inclusion, security, agency and autonomy in all kinds of their online transactions’

View article