According to World Bank estimates, about 1.1 billion people lack formal identification. Digital identity and access systems can unlock a range of basic and empowering services for individuals, including financial inclusion, healthcare, and education. But as sectoral, national and regional digital ID schemes start to roll out, risks are emerging - data breaches, the gradual extension of the functions of digital ID schemes, and privacy invasion.
We are working on various aspects of Digital identity and its application for consumers, recognizing it as both an essential gateway to full participation in the digital economy and society, and a way of improving online experiences for more experienced digital consumers.
In October 2017, Consumers International invited consumer organisations, standard setters, businesses, innovators and civil society from across Europe, America, Asia and Australia to explore how consumers could have safer on and offline peer-to-peer interactions. The event was sponsored by Yoti, a London-based technology company specialising in digital identity.
The event is part of Consumers International’s commitment to work with a variety of different stakeholders to better understand new and emerging challenges and opportunities in the digital economy and deliver faster and more effective positive consumer outcomes.
Our ‘Digital ID in Peer To Peer markets’, provides some background to the topic and summarises the outcomes of the event.
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