Digital identity is big. And it’s set to get much bigger. It’s no overstatement to say digital ID is the key to unlocking the full potential of digital societies and economies.
A new report from Citi Global Insights Digital Identity: Unlocking the Future, looks at what it is and why it matters- to individuals and corporates alike, delving deeper into the immense power of digital ID to drive change. It could make financial services available to 1.7 billion more people and save billions of hours standing in queues. Companies are grappling with how to make digital ID interoperable across all the platforms they play on, across multiple geographies and regulatory frameworks. This has to the potential to unearth huge efficiencies but poses immense challenges too.
