Page 3 - Make decentralized identity a reality
P. 3
Citizens demand to
control their own identity
80% of data breaches in 2020 37B is the total number of records Global cybercrime damages are Your identity has many facets.
involved a customer’s PII. 1 compromised in 2020, a 141% predicted to reach $6 trillion
increase compared to 2019. .2 annually by the end of 2021. 3 Digital identities are no longer as entertainment, interests, and more.
simple as a username and password. With all these bits of personal
We live in a world where your physical information scattered across organiza-
and digital identities converge. This tions, apps, and services, it’s difficult
VU is the only partner in LATAM chosen by may include your education, pur- to control who is using and abusing
chases, achievements, relationships,
your identity.
Microsoft for Decentralized Identity (DID).
Contents
Citizens demand to control their own identity .....................................................................................................3
Your identity has many facets. ........................................................................................................................................3
Take back control over your identity with VU DID and Microsoft Azure AD verifiable credentials. ...................3 Take back control over your identity with VU DID
and Microsoft Azure AD verifiable credentials.
Empower citizens to control their identity ...........................................................................................................4
Today’s citizen has limited to no control over their personal information online. .............................................4
EMPOWER CITIZENS TO ENABLE SAFE AND FRICTIONLESS PROACTIVELY PREVENT FRAUD
Enable frictionless digital experiences ..................................................................................................................5 CONTROL THEIR IDENTITY DIGITAL EXPERIENCES Leverage machine learning to
A citizen’s digital identity is constantly at risk. ............................................................................................................5 Give power back to the citizens Streamline the creation and create intelligent profiles and
with a new identity model pow- use of verifiable credentials by detect fraudulent operations
Proactively prevent fraud ......................................................................................................................................6 ered by blockchain technology. combining identity recognition based on user behavior.
Knowledge-based authentication, like passwords, is no longer secure. ...............................................................6 with facial biometrics.
One verification, multiple uses ..............................................................................................................................7
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