Digital identity refers to the collection of verified digital attributes, credentials, and behaviors that constitute an individual's identity online. It enables secure, trusted access to digital services, including banking, e-commerce, social platforms, and government portals, by serving as the foundation for authentication, authorization, and identity-based decisioning processes online.
Use case / examples for digital identity:
Identity verification: Securely verifying user identities when accessing financial services, healthcare portals, or government services online.
Customer onboarding: Using digital identity to streamline and secure the customer onboarding process, reducing friction and improving onboarding speed with AI-powered and automated verification tools.