If only.
On top of that, everyone is justifiably alarmed by the increase in digital identity thefts and data breaches across multiple industries. These events directly expose sensitive personal consumer information to hackers.
It’s a problem as old as the internet
Digital identity has been an annoyance since the dawn of the internet. Even after more than 30 years, we still can’t prove we are who we say we are with digital credentials the same way we can with a physical ID like a driver’s license.
In the physical world, members can use a government-issued ID for all transactions that require photo identification. However, there is nothing like a driver’s license or passport that members can use for transactions online. Proving one’s identity online has primarily been restricted to biometric methods, such as passwords and challenge questions, which are both susceptible to fraud.