Verifiable credentials let organizations confirm information about someone without collecting and storing their personal data
Microsoft teamed up with identity verification provider. Source: shutterstock.com
Jumio has announced a collaboration with Microsoft for the rollout of its Azure Active Directory (Active AD) verifiable credentials. That is expected to help provide self-service enrollment and fast onboarding of remote users.
According to the report, verifiable credentials let organizations confirm information about users while protecting their privacy. Collaborating with companies will enable organizations to verify a wide variety of attributes, such as ID documents and electronic data while giving individuals more control over who has access to their information.
Organizations will be able to issue digital versions of a variety of credentials such as physical badges, loyalty cards, and government-issued paper documents based on open standards.
Once verified, these credentials can be used to prove ID across different organizations to accelerate onboarding of users, secure access to apps, or enable a more trustworthy credential recovery experience.
When an end-user performs an ID verification for the first time using Jumio and Azure AD verifiable credentials, a special digital certificate is created in the user’s digital wallet. This certificate can be used later to present to another party and verify the identity of the user without requiring the user to scan their government ID and selfie again.
We’ve reported that Microsoft unveiled work trends every business leader must know.
SEE ALSO:
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.
