In recent years, digital identity has become one of the most crucial identity parameters for an individual. Especially if you are an avid user of the digital space and have a fair sense of technology, you must establish your digital ID. Because being anonymous online is more of a security threat these days.

For example, if you want to access leading online casino websites like Vulkan, you must create an account there with authentic digital identification to ensure your online security.

Apart from that, your verified digital ID will help you access government benefits, perform online transactions, avail of online medical facilities, and many more. So, here let us explore the details and nuances of a digital ID and how it has emerged as a new standard for online security.

What Is Digital Identification?

Most people have passports and driver's licenses, which are essentially paper-based identifications. But a digital ID is a digital document that can be authenticated remotely over online platforms. The growing popularity of digital ID is mainly due to increasing digitization. A digital ID can be issued by a non-profit or private organization, by local or national governing bodies, or by individuals.

The concept of digital ID is widely defined by various experts and theorists. So, there is no standard definition of digital ID. However, this definition applies regardless of the technology used to perform digital authentication. Generally, there are numerous technologies used to perform authentication, like passwords, biometrics, security token, smart devices, or PINs.

Characteristics of Digital Identification

Just like our identities in the real world, digital ID should also have some unique characteristics. The following list consists of some of the features that all good digital IDs should have.

Authenticated and Verified to a High Level of Assurance

In case you don’t know, a good digital ID should provide a high level of assurance. In fact, it should meet the standards set by both private and government sectors for the registration and acceptance of digital IDs for civic and economic uses. The ID should be easily used to open a bank account, access online education, or establish certain credentials for a particular job. The level of assurance doesn’t depend on the underlying technology. There is a wide range of credentials that can provide the highest level of verification and authentication, like passwords, QR codes, biometrics, and smart devices.

Your Digital ID Has to Be Unique

A unique digital ID helps to create a separate identity in the system database for an individual, among others. In fact, uniqueness also helps the system to identify your digital ID from other individuals. Every system identity only corresponds to a single individual. Moreover, a unique digital ID reduces the chances of security concerns and cybersecurity.

Each Digital ID Should Be Created with Individual Consent

Consent is extremely important when creating a digital ID. The individual should knowingly apply and register for the digital ID to use it for various purposes. This is particularly important as the individual should have the full knowledge and information of the personal data that is required to create the ID. And most importantly, how the ID will use these personal data in the future. 

Protects Personal Data & Ensures Privacy

One of the key features of all good digital IDs is that it ensures personal data protection and privacy. See, the entire human race has mostly benefited from the introduction of the internet. But you can’t deny the fact that there are some downsides to it. So, a good digital ID must protect user data while providing access to personal data. In addition, it should also determine who can access these data with full transparency.

The Possible Risk Associated with Digital Identities

One of the biggest risks that are associated with digital ID is theft and misuse. See, to create a digital ID, an individual needs to provide some essential and personal information. If this information falls into the wrong hands, it can easily lead to catastrophic results. So, security threats and privacy are some of the major concerns related to creating a digital identity.

Many individuals choose to create pseudonymous identities in an attempt to keep their real-world identities disguised. It helps to add an extra layer of protection. Moreover, experience justifies that cross-data analysis can be easily used to isolate your real-world identity.

Importance of Digital Identity in the Modern World

To be very frank, the entire world acknowledged the importance of digital ID during the Coronavirus pandemic. The pandemic completely changed the way people used to perform their daily activities and engage with different services.

With social restrictions, the entire world switched to the world of the internet. Nowadays, you cannot avail of numerous services or complete transactions without having a digital identity. So, it is extremely important.

Basically, all governing bodies and online service providers incorporated the use of digital ID mainly to understand who they are dealing with. For this, companies with the help of the government, started to build an ecosystem where digital identity is a must-have feature.

We have discussed everything an individual needs to know about digital identity so that anyone who wants to gain knowledge regarding digital ID can easily understand and use this technology.