Bring your own identity (BYOI) is always use in our daily live. As digital connectivity and the online activities of individuals grow, our BYOI are increasingly embedded in everything we do in our daily lives. Every day we go through authentication processes that give others confidence in our assertions of who we claim to be, or our right to interact with or use a service. We use account logins or biometrics such as facial recognition or eye or fingerprint scans to access services and carry out digital interactions.
We have expanding digital profiles consisting of permanent, unchosen qualities such as place of birth or biometrics and assigned attributes, for instance, our names or government ID numbers. Over time, our interactions create digital trails or histories of our personal data and behaviours online such as our financial, tax, purchase, legal, medical and credit histories, among others. Individuals and institutions are increasingly using such historical data, as well as our profiles and data from external sources, to make inferences that may inform judgements or decisions.
HEALTHCARE- For users to access insurance, treatment; to monitor health devices wearables and for care providers to demonstrate their qualifications
FINANCIAL SERVICES- To open bank accounts, carry out online financial transactions
FOOD AND SUSTAINABILITY- For farmers and consumers to verify provenance of produce, to enhance value and traceability in supply chains
TRAVEL AND MOBILITY- To book trips, to go through border control between countries or regions.
HUMANITARIAN RESPONSE- To access services, to demonstrate qualifications to work in a foreign country.
E-COMMERCE- To shop; to conduct business transactions and secure payments.
SOCIAL PLATFORMS- For social interactions; to access third-party services that rely on social media logins
E-GOVERNMENT- For citizens to access and use services – file taxes, vote, collect benefits.
TELECOMMUNICATIONS- For users to own and use devices; for service providers to monitor devices and data on the network.
SMART CITIES- To monitor devices and sensors transmitting data such as energy usage, air quality, traffic congestion.
For businesses, verifiable identities create new markets and business lines, better customer experiences, improved data and a tool against fraud. For governments, they offer a new way of governing, better delivery of services, a more engaged citizenry and a tool against corruption & crime. When it comes to individuals, they open up the digital world, with its jobs, education, financial services, healthcare and more.
Of Course, it also bring in the new challenge, whether prefer control over credentials (since enterprise and government like to be full control over their system access), but mass consumer prefer single identity cross over all the use case (where in this scenario, large social platform provider will be the main benefit gain, since they are the one use for all the website, and all transaction and traffic is authenticated over their platform, so they know what you do for what, interval and use for create individual profile for all kind of the marketing and cross sell effort).
E-SPIN being active in the business of supplying enterprise technology for digital transformation, including Identity and Access Management (IAM), feel free to contact E-SPIN for your project and operation requirement.