Creating a true digital identity through blockchain.
In today’s economy where everything from buying food to sending money has moved online, proving who you are to those who genuinely need to know has remained attached to physical documents. Meanwhile, it's estimated that the average person has dozens of digital identities stored in siloed identity management (IDM) systems. Data quality and security protections for each range in quality, from accurate and strong to inaccurate and fragmented.
Verizon ID is a next generation technology that integrates blockchain identity solutions, multi-factor authentication and biometrics into a user-transparent process. Users can store their identity data in a secure digital identity safe on their own mobile devices, and provide it easily to those who need to access and validate it. Verizon ID also helps eliminate the need for User IDs and passwords, simplifying the user experience while helping enhance security.
What is Verizon ID?
Verizon ID enables users to access their identity data from a secure digital identity “safe” on their own mobile devices. This includes digital and physical identity documents, including credit cards, insurance cards, and educational and professional credentials. The safe is keyed to the user’s unique biometrics and resistant to tampering.
How does Verizon ID work?
Identity data is encrypted and replicated across multiple online servers on the blockchain, so there’s no centralized database or single point of failure. The blockchain acts as an index of identifiers and an audit trail for the exchange of verifiable claims.
Features & Benefits
Verizon ID helps users move into a true digital identity with strengthened privacy, security, transparency and individual rights. Companies can have a high level of assurance that the person they’re interacting with really is who they claim to be:
digital identities an average user has in addition to physical identities
years of industry security experience
alignment with many industry standards including NIST SP 800-63-3, GDPR and FIDO2
Recursos
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