Financial Services Advisory Firm Deloitte Partners Attest Towards Facilitating Digital Identity Solutions

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Deloitte partners Attest; to create identity management solutions

An official joint statement reveals that Deloitte partners Attest in a move aimed at creating digital identity solutions. In particular, the digital identity solutions will target government clients. They will endeavour to solve a host of challenges that exist in the interactions between governments and their clients.

Wendy Henry, managing director at Deloitte Consulting LLP acknowledged that identity is a “thorny issue.” However, the advent of blockchain promises much more convenience and transparency in the government-client interaction.

Taking identity management to the next level

Interestingly, the partnership will develop two-fold solutions that will enhance how citizens deal with their identity. In particular, Attest will bring its expertise in ID management to help create government-grade trust in all transactions.

Commenting on the new ID management, Cab Morris one of the co-founders of Attest told Forbes: “I wouldn’t say it’s a replacement but a truly digital version of your social security card, your driver’s license, your health records. But one that allows you to cryptographically authenticate to a variety of different service providers in a way that you would typically with Facebook Connect or Google Sign-in.”

According to the news release, the two-fold solutions will include an Attest Wallet and Attest Enterprise. The wallet will basically be a consumer application that will help users manage their personal data. Further, the wallet will enable users to share their personal data with governments and businesses.

Deloitte partners Attest to take advantage of blockchain

On the other hand, Attest Enterprise will avail an identity management toolkit for governments and businesses. In particular, the solution provides authentication, authorization and consent management tools for high-level security.

Morris is sure that their solutions will facilitate an optimum identity management by governments. “Combining government’s robust identity verification infrastructure with a platform engineered for security, privacy and scale can also unlock tremendous value for both citizens and businesses outside of government,” Morris said in comments accompanying the official joint statement.

On the other hand, as Deloitte partners Attest, it aligns with the key factors it highlighted in a report. As per the report, the key factors include partnerships “with the necessary players to ensure network effect.”

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Matthew started his career as a trainee solicitor with a big four firm in New York before pivoting to try his hand in the equities game. He has since amassed a wealth of experience in the space with a focus on technology and innovation, particularly at the crossover between finance and the internet. He's currently interested in the way that blockchain technology is going to revolutionize finance and is focusing his attention towards identifying potential leaders in the space.

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