Deloitte is partnering with Attest, a blockchain startup to assist governments streamline their digital identity problems. Wendy Henry, managing director at Deloitte Consulting LLP says digital identity may be a thorny issue with governments. For example, they have to accommodate people that might not want to own their identities stored during a digital form.

Attest Wallets can offer “a safer and economical method for shoppers to manage and share personal data.” Despite letting its users store cryptocurrencies on Attest Wallets, the corporate can offer a special innovative answer.

Users are able to store an ample range of documents in a very single place, with full transparency over who is able to see the data.

According to Cab Morris, CEO and co-founder at Attest, using blockchain comes with bigger privacy, security, and scale. In addition, it also can scale back the prices and risks related to managing digital identities.

Attest works with businesses and governments to make a shared and secure identity platform permitting governments to supply convenient identity services, the corporate says during a press release.

With blockchain technology, it's possible to create each personal and public keys where the owner remains in control of original credentials like certificates whereas solely giving away essential data like whether or not they have earned the age of eighteen or not.

However, the actual fact that blockchain needs a digital papers makes it a very sensitive issue once handling governments.

Alive to this concern, Attest is crafting a “set of solutions to deal with the issue” and build it more appealing to governments.

One of Attest’s products is that the Attest wallet that enables users to share verified personal data with data and businesses whereas making certain privacy and security. Another product is named the Attest Enterprise that provides governments and businesses with authentication and consent management tools which may be integrated through APIS.

Deloitte is already eyeing alternative blockchain uses as well as voting and in writing property rights that it reckons might save billions in prices annually.

Deloitte incorporates a dedicated team of blockchain specialists and runs a smart ID project used to verify client info and change the method of information sharing. Third parties will add revocable endorsements into the system, the auditing firm says.

The firm is already developing solutions for the insurance industry, for example, using blockchain. It recently proclaimed it'll facilitate Institutes RiskBlock Alliance expand into Canada.

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