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Other Published 30 Aug 2022 Competition and Markets Authority ↗ View on GOV.UK

Unleashing the potential of digital identity: a sandbox observation (FCA)

A research paper from the FCA

▤ Verbatim text from source document

Abstract

In the online age, establishing reliable, secure and portable systems of digital ID could unlock significant gains for both consumers and firms. It has huge potential for improving choice and competition and streamlining processes. But the growth of digital ID is not without risks and challenges. To unlock that potential, industry, regulators and government need to work together to get it right.

Link

https://www.fca.org.uk/insight/unleashing-potential-digital-identity-sandbox-observation