In the future, everyone will be famous for 15Mb

In the future, everyone will be famous for 15Mb

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In the future, everyone will be famous for 15Mb
In the future, everyone will be famous for 15Mb
Identity is the New Money. No, Wait... Infrastructure

Identity is the New Money. No, Wait... Infrastructure

Digital identity is a new, and crucial, form of financial market infrastructure (FMI).

David G.W. Birch's avatar
David G.W. Birch
Jul 20, 2023
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In the future, everyone will be famous for 15Mb
In the future, everyone will be famous for 15Mb
Identity is the New Money. No, Wait... Infrastructure
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Dateline: New York, 20th July 2023.

I hope that this is really the year when digital identities start to become mainstream because while there undoubtedly has been a change of attitude from digital identity as a “nice to have” to digital identity as a fundamental enabler, we still do not have mass-market solutions in place and this is a drag on the economy.

With announcements from Apple and Plaid, however, it seems that some of the components might be coming together in the U.S. right now. Perhaps there is a seismic shift coming: If not an ID revolution across society, then at least an ID earthquake that will change the financial services landscape for the better.

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