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In the digital economy, identity verification plays a critical role

  • 👤 James Contreras
  • 👁 891
  • ⏰ Published: 2023-12-21 Time: 04:02:01
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    How the technology could expand opportunities for millions of people and make the digital economy more dynamic, inclusive, and secure.

    September 19, 2023

    akinbostanci/Getty Images

    At its core, ID verification tools prove your information – name, address, age, phone number – is valid and linked to you. Many different technologies can be used to achieve that one goal. The author, the CEO of Mastercard, explores how the technology works, where it’s used, and the potential pitfalls of digital IDs.

    As millions of small businesses opened new online storefronts during the pandemic, a set of technologies toiled behind the scenes to make all those websites and sales and deliveries possible.

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    HBR-learning-icon HBR Learning

    Digital Intelligence Course

    Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence . Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.

    Excel in a world that's being continually transformed by technology.

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    Article information

    Author: James Contreras

    Last Updated: 1703127721

    Views: 891

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    Author information

    Name: James Contreras

    Birthday: 1939-06-12

    Address: 850 Jose Ferry Apt. 469, Parksside, MI 50739

    Phone: +4823291860261191

    Job: Dental Hygienist

    Hobby: Skateboarding, Traveling, Beer Brewing, Meditation, Fencing, Tea Brewing, Reading

    Introduction: My name is James Contreras, I am a accomplished, apt, risk-taking, resolute, bold, persistent, unguarded person who loves writing and wants to share my knowledge and understanding with you.