- Why is there an urgent need to develop digital ID?
The lack of a digital identity infrastructure is holding back the development of online business and government while at the same time leading to identity theft and fraud on an ever-increasing scale.
- What roles can banks play in digital ID?
There are many organisations who could provide the digital identity infrastructure but they should be provided by regulated institutions and banks are uniquely well-placed to do so because they already spend the money on KYC!
- Why do robots and other “things” need digital identities?
In the not-too-distant future the majority of online transactions will be between bots, not people. So any digital identity infrastructure has to work for cars, intelligent assistants and people.