The Future Of Identity: Looking Ahead To The 2020s [Forbes]
ROYAL BANK of SCOTLAND (RBS)
US:NYSE Investor Relations:
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Source: Forbes
Photo: Getty Over the next five years, developments in digital identity are going to have a profound impact on our lives and how we think of access going forward. These new approaches will not only allow us to fight new fraud vectors and build trust with consumers but will improve privacy and security while also making our day-to-day lives easier and more inclusive. The rise of digital IDs Traditional methods of identity verification are out of date in a digital world. Most identity documents (passports, ID cards and driving licenses) are currently issued in a physical format. They are distributed from centralized locations (normally the government) and have a high level of security. Features such as printing techniques and document format follow strict practices to ensure this. But recently, there have been several experiments to break away from physical IDs as more services are being delivered online. For example, the Digital Identification and Authentication Council of Canada (DIAC
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