For individuals, legal entities and devices alike, a verifiable and trusted identity is necessary to interact and transact with others.
The concept of identity isn’t new – for much of human history, we have used evolving credentials, from beads and wax seals to passports, ID cards and birth certificates, to prove who we are. The issues associated with identity proofing – fraud, stolen credentials and social exclusion – have challenged individuals throughout history. But, as the spheres in which we live and transact have grown, first geographically and now into the digital economy, the ways in which humans, devices and other entities interact are quickly evolving – and how we manage identity will have to change accordingly.