Applications are the most preferred platforms that consumers use to conduct most of their day-to-day transactions. The reason behind this partiality is the easy-to-use and on-demand services incorporated in the applications.
However, traditional CIAM (customer identity and access management) tools often miss maintaining a connection between a user’s legal and digital identity. With Portable Identity For Events, brands can provide the customers control over their PII or personal identifiable information while also retaining the access control and robust identity.
Now, you must be wondering what portable identity is and how is it beneficial, right? Dive in head first!
What is portable identity?
Portable identity is a process of creating a single set of digital ID records that get links to the legal identity along with the user credentials across different services.
A portable identity solution allows aggregating data like –
• Unique identifies on the device of the user
• Legal documents to verify the identity of a person
• Biometric information, including fingerprints, face IDs, and so on.
What are the portable identity benefits?
Portable digital identity verification for events provides both customers and businesses with similar benefits. The businesses get to reduce the associated risks while the customers gain more control over things.
1- Privacy
With portable identity for events, people gain additional control over their data. They are able to store decentralized identifiers (DID) wallets on their mobile phones. They aren’t required to share their PII with the brands, offering them added control over their data that privacy laws entail.
DID allows to link of both digital and legal identity together. This helps enterprises reduce the risk of cybercrime.
2- Authentication
Portable identity eliminates access to users unless they utilize an approved device. And by using portable identity, customers are no longer required to enable the MFA activity. They can stay stress-free about cybercriminals intercepting the security code dispatched via emails or chats.
In short, businesses end up eliminating the risks linked with credential-based attacks.
3- Re-usable
For both businesses and customers, password hygiene is a huge challenge. Considering that people use multiple applications, it is certainly hard for them to use multiple unique passwords. In fact, many people don’t even do that. And those who even consider using multiple passwords tend to get frustrated in opening the password manager every time to know the password, thereby interrupting the login process.
Using portable identity, users prevent the need to create multiple passwords for multiple accounts.
Final thoughts
Now that you know everything there is to know about digital identity verification for events, we are sure you must be intrigued to invest in it, too. In that case, contact the experts at Incode. They’ll navigate you through your available options under your budget.
Mark Johnston is the author of this article. For more details about Digital identity verification attestation please visit our website: incode.com
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