Digital Identity

Digital Identity
Circle of Trust: How Digital Identities Can Secure the Gig Economy Against Fraud
September 05, 2024

Fraudsters, like consumers, love a good deal. And the gig economy, estimated to be worth half a trillion dollars in 2023 and employing 38% of the U.S. workforce, is becoming their latest target — with more than a third of U.S. consumers report being victims...

Digital Identity
AI’s Human Mimicry Spurs ‘Personhood Credential’ Proposal
September 04, 2024

As artificial intelligence (AI) increasingly blurs the line between humans and machines in online commerce, researchers have proposed a new system to authenticate real users without compromising their privacy. In a recent paper published on arXiv, researchers from OpenAI and MIT introduced the concept of...

Digital Identity
Report: Democratic Republic of the Congo Cancels Digital Identity Project
September 03, 2024

The Democratic Republic of the Congo has reportedly canceled what would have been one of the most expensive digital identity projects ever executed. The country canceled the $1.2 billion project amid warnings of cost overruns and possible funding irregularities, Bloomberg reported Tuesday (Sept. 3). Richard Ilunga,...

Digital Identity
Block Joins NIST Program to Promote Mobile Driver’s Licenses
August 29, 2024

Block is working with the U.S. government to promote the use of digital identity tools. The FinTech conglomerate announced Thursday (Aug. 29) that it was working with the National Cybersecurity Center of Excellence (NCCoE), a division of the Commerce Department’s National Institute of Standards and...

Digital Identity
EU Continues Testing Digital Identity Wallets
June 23, 2024

The European Union (EU) is getting closer to rolling out its digital identity wallet. As the European Commission (EC) noted on its website recently, the wallet “will be a secure and easy way for European citizens, residents and businesses to prove who they are when...

Digital Identity
Mastercard and African Development Bank Group to Provide Digital Identities
May 24, 2024

Mastercard and the African Development Bank Group formed an alliance to provide digital access to critical services to 100 million people and businesses in Africa over the next 10 years. The first efforts of the organizations’ Mobilizing Access to the Digital Economy (MADE) Alliance: Africa will include providing digital identities and access...

Digital Identity
Digital ID Startup Humanity Protocol Valued at $1 Billion
May 15, 2024

Decentralized identity startup Humanity Protocol said it is now a $1 billion company. The firm announced the private valuation in a Wednesday (May 15) blog post as it revealed the completion of a $30 million seed round. The company said the funding will help it challenge Sam Altman’s Worldcoin and accelerate hiring and...

Digital Identity
Digital Birth Certificates Expand Range of Paperless IDs in Connected Economy
April 21, 2024

You’ve likely heard of digital driver’s licenses, digital passports, and digital IDs. Now, digital birth certificates are emerging as the latest addition to the digital identity landscape, offering a glimpse into the future of identification and authentication. An ongoing pilot program in New South Wales (NSW) in Australia...

Digital Identity
How Solving for Digital ID Acceptance Could Transform Digital Payments
February 27, 2024

In today’s increasingly digital world, it has gotten to the point where the physical wallet’s main purpose is becoming just to carry physical ID cards. But, as the rest of the world goes digital, why haven’t IDs followed? The answer lies in a mix of...