Credential Verifier
Establish a Decentralised Identifier (DID – or digital identity) with Deloitte and you can keep control of your data, sharing only the data you want to share to identify yourself and carry out online transactions and functions
Deloitte’s new Credential Verifier service can give you back control over your data. Would you give a copy of your passport to a physical store to buy a drink? If not, why would you share that data in an electronic shop? The Credential Verifier service allows you to establish a digital ID by validating your data once with Deloitte. After this, you will be able to share the minimum required data about yourself to perform your business transactions.
Key features
Our Credential Verifier service allows our clients to verify their personal data once with Deloitte.It then qualifies as reliable information that can be shared with other parties. It is then reliable information that can be used by other parties. For example, we verify you are more than 18 years old, and you can pass this information when needed without providing any further details (such as your date of birth) when you want to consume a product or service that requires you to be an adult. The verified information is stored in your wallet, which is only available on your computer and accessible to you. You decide with whom you share data from your personal wallet. In addition, the wallet provides access to a secure crypto universe in which the eligibility of all participants is checked.
Advantages
Get In Control
Fraud prevention
5 minutes
Easy to follow
Your Deloitte Managed Services team
We are a unique team of professionals combining Compliance, Audit, Technology and Industry expertise, using digital solutions to meet your KYC and AML obligations and resolve respective challenges.
Hugh Macquarrie, Head Deloitte Managed Services
Hugh leads Deloitte’s Managed Services offerings in Switzerland and the End-to-End KYC offering across our North South Europe member firms. Hugh is committed to finding creative solutions by bringing together Deloitte’s regulatory, technical and operational expertise and is convinced that with our managed services we can support the banking industry in combatting financial crime, whilst also reducing risk and increasing efficiency for our clients.
Contact us
You are interested in more information? Arrange a call with our experts to schedule a tool demonstration to learn more about our solutions. Use the form below to contact us, and we will get back to you as soon as possible.
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