Co-authored by Liminal CEO Travis Jarae and Liminal Managing Director Cameron D’Ambrosi, this report from the Institute of International Finance proposes that digital engagement is a key driver of economic growth, and as such, participation in the digital economy requires access to high-trust identity verification services.
The lack of verified Digital Identity presents an urgent problem and a meaningful opportunity for society. There are substantive risks to unfettered anonymity, ranging from the spread of misinformation to the enablement of criminal markets. Meanwhile, to engage in the digital economy, individuals disclose myriad private data, including biometrics, with organizations that may sell, misuse, or lose it. Yet, digital engagement is a key driver of economic growth – and inclusive participation requires access to high-trust identity verification services.