Deloitte Bringing Blockchain Identity Systems to Governments
November 08 2018 - 12:54PM
ADVFN Crypto NewsWire
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Bitcoin Global News (BGN)
November 08, 2018 -- ADVFN Crypto NewsWire -- Deloitte continues to
prove themselves as one of the most influential professional
services companies. They have released three in-depth research
studies on various areas within the blockchain and cryptocurrency
space this year. Because of their commitment to this emerging
technology, Deloitte hopes to be at the forefront of service
providers and experts on the industry.
One recent report, “Blockchain and
the five vectors of progress” transitioned from assessing the
technology and public awareness to developing the critical
directions the technology must take in order to bring all the
potential benefits to light efficiently. Three vectors enhance
technical feasibility, and the final two help broaden the
technology’s applicability to a greater number of use cases and
industries.
-
Increasing throughput and
performance
-
Enhancing standards and
interoperability
-
Reducing complexity and
cost
-
Multiplying consortia
-
Regulatory support
This last subject was then taken
more in depth by Deloitte's Center for Government Insights. They
published a detailed look at blockchain uses in government called
"Assessing Blockchain Applications for the Public
Sector."
Regulatory Support Through
Identity Solutions
The most recent development from
Deloitte is made in partnership with Attest to bring blockchain
based identity solutions to government bodies. Regulatory support
is one of the biggest factors holding wider adoption back. However,
by choosing identity solutions, Deloitte may have found the perfect
avenue to introduce otherwise weary public officials to the
benefits of the technology. Identity is pillar of government as the
basis for trust and legitimacy in the public sector.
"While many companies are looking
at using a personal wallet in which the individual has control of
their digital identity credential, government must serve the whole
of citizens, including those who may not be able to accept the
control of their identity credential in a digital form." - Wendy
Henry, managing director, Deloitte Consulting LLP, and Deloitte's
government and public services blockchain leader.
Attest Wallet and Attest
Enterprise
The Wallet is a consumer
application that provides users a method for sharing verified
personal data with governments and businesses. Attest Enterprise is
the platform forl authentication, authorization and consent
management. These are both built with simple APIs that can be
integrated into almost any existing system.
By: BGN Editorial Staff
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