Tag: Electronic Verification and Authentication
Electronic Verification and Authentication (SMART 100)
This innovation arose from a desire by the originators to give themselves control over their own electronic identities and online information. The first germ of the idea started when one of the team started to write his story and wondered how he could prove his story was not fiction. The ideas became more focused when the developers of the idea had to identify people for an online payments service. The development started when it became apparent the AML/CTF legislation required organisations to reliably identify people and there was no privacy-friendly service on the market.