- Digital Identity: Die letzte große Chance der Banken?
- Warum ist das Thema Digital Identity für die Banken erfolgskritisch?
- Banking im Zeitalter Digitaler Identitäten
Think about it: you have this deposit account system for you to give your things of value to a trusted external third party who manages, stores and exchanges your value tokens on your behalf. If we have moved to a federated, shared, open digital ledger, why do we need a trusted third party to look after our identifiers and proofs? Why do we need a central authority to deal with our movement and needs?
Banks, as I have maintained for some time now, were built in the last century for the physical distribution of paper in a localized network based on buildings and humans. To manage that physical structure, our identities, proofs and store of value had to be validated by centralized authorities who are trusted to provide these identifiers, such as banks and governments. But now we live in a world where value and identity is being digitized to support the digital distribution of data through a globalized network focused on software and servers. To manage this digital structure, our identities, proofs and store of value has to be validated by the individual as a democratized, decentralized structure cannot operate if a centralized third party has to manage them.