Digital Identity applications
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Identity validation
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Infrastructure
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DigID
Use case 1. Single identity validation
Currently
In conventional identity management systems, each bank, organization, or government institution has to check users independently, every time from scratch, which takes time and money and poses security risks.
With blockchain
Provide secure storage for users’ digital identities, where every user could confirm their identity only once and then access the required services seamlessly every time they log in to the system.
Use case 2. Consistent infrastructure
Currently
Collected among various organizations, identification data passes through different APIs, protocols, and systems; due to such an inconsistent architecture, it becomes an appealing target for hackers.
With blockchain
With the Digital Identity solution, you can provide a single proof of identity, with the immutable rules for data exchange, to establish a single and persistent standard of data transmission.
Use case 3. DigID
Currently
In banking, it typically takes operators up to weeks to perform an identity check and report on results, which severely affects regulatory maintenance costs incurred by financial institutions.
With blockchain
Organize a universal database for financial institutions, where all parties could immediately validate activities and report flaws and errors.
Benefits of our Digital Identity solution
Available to everyone
Any individual, business, government organisation, or any other interested party can use our Digital Identity solution.
Digital Identity wallets
Digital Identity wallets will be widely available for user identification and providing access to private and public digital services.
Full control of data
Choose what personal details to share with third parties and make sure they access only the data you provided.