Protect your important transactions, avoid fraud, cyber crime, data loss and impersonation.
Organisation's centralised technology is vulnerable to attack and data breaches.
People can control the means to identify themselves so it's the same for all their Activities.
Processes to prevent fraud and cybercrime have made people's experiences onerous and complicated.
Social and professional networks & blockchain technology can help people take control of their own affairs.
People want to protect themselves as trust in organisations is falling as cybercrime increases.
Objective of the CEF project is to illustrate how a verified digital identity can be used to improve the current sometimes cumbersome, paper based, time consuming processes that EU citizens have to engage with to open bank accounts in another EU country. https://t.co/Z5XkbIUHIS
Came back from USA to discover that I’d paid the wrong amount of VAT (I was £80 out according to them) and so they are “arranging for a debt collection agency” despite having a direct debit mandate. Glad to see that they’re working hard to close the £40 billion tax gap.