Deloitte is partnering with Attest, a blockchain startup to help governments streamline their digital identity issues. Wendy Henry, Managing Director at Deloitte Consulting LLP says digital identity is a thorny issue with governments. For instance, they need to accommodate people who may not wish to have their identities stored in a digital form.

“While many companies are looking at using a personal wallet in which the individual has control of their digital identity credential, government must serve the whole of citizens, including those who may not be able to accept the control of their identity credential in a digital form,” Wendy Henry said in a press release.

Attest Wallets will provide “a more secure and efficient way for consumers to manage and share personal data.” Despite letting its users store cryptocurrencies on Attest Wallets, the company will provide a different innovative solution.

Users will be able to store an ample range of documents in a 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 greater privacy, security, and scale. Additionally, it can also reduce the costs and risks associated with managing digital identities.

Tremendous Value

Cab Morris says that blockchain can unlock “tremendous value” for both businesses and individuals.

“A government-issued digital identity has the potential to reduce costs and risk for businesses in all industries, while also providing citizens with greater security, privacy and control over personal data,” he said in a press release.

Attest works with businesses and governments to build a shared and secure identity platform allowing governments to offer convenient identity services, the company says in a press release.

With blockchain technology, it is possible to create both private and public keys where the owner remains in control of original credentials such as certificates while only giving away essential information such as whether they have attained the age of 18 or not.

However, the fact that blockchain requires a digital credential makes it a particularly sensitive issue when dealing with governments.

“Working with Attest, we will be able to help government clients offer solutions using digital identities that better accommodate the needs government has across that wide expanse of abilities,” Wendy Henry said in a press release.

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

One of Attest’s product is the Attest wallet that allows users to share verified personal data with data and businesses while ensuring privacy and security. Another product is called the Attest Enterprise which provides governments and businesses with authentication and consent management tools which can be integrated through APIs.

Deloitte is already eyeing other blockchain uses including voting and in writing property rights which it reckons could save billions in costs annually.

Deloitte has a dedicated team of blockchain experts and runs a Smart ID project used to verify customer information and simplify the process of data sharing. Third parties can add revocable endorsements into the system, the auditing firm says.

The firm is already developing solutions for the insurance industry, for instance, using blockchain. It recently announced it will help Institutes RiskBlock Alliance expand into Canada.

Nica Tudor

Blockchain, Smart Contracts, and cryptocurrencies enthusiast.

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