As digital transformation continues to pick up steam across the business, we’re seeing a growing number of companies focus on digital identity as a critical area for innovation and growth.
According to a study by Thales, an organization dedicated to digital identity research, there are currently over 80 digital identity projects underway or planned by leading technology companies.
Digital identity is becoming increasingly crucial for our digital society. It enables us to prove whom we are when interacting with digital services without requiring us to share sensitive information such as our address or date of birth every time we sign up for a new service.
In anticipation of the future, this article discusses digital identity, why it’s significant, and how you can build your own digital identity.
Reinventing Yourself in the Metaverse Through Digital Identity
If you’ve ever played online Role Playing Games, you’ll know it can be a great way to meet new people and make friends.
Many players utilize their in-game personas to represent themselves, display their passions, and showcase their personalities.
The digital environment of video games allows people to try out different identities and experiment with different ways of presenting themselves.
In the Metaverse, a virtual reality universe where virtual reality (VR) and augmented reality (AR) meet, digital identity will become even more critical.
It will enable you to create a new identity for yourself and try out different personas in a safe and secure environment. You won’t have to start at the beginning to explore different identities.
If you want to try out a new lifestyle or career, you’ll be able to explore how it feels to be a doctor or a builder without having to change your career path in real life.
You’ll be able to live as someone else and explore new experiences and opportunities that you may have missed out on otherwise.
Digital Identity is Key to The Metaverse
Digital identity is what allows you to be you on any platform. It’s the digital embodiment of your real-life identity.
It’s a digital representation of you that will enable you to sign in to various sites and apps without having to provide your personal information each time.
Your digital identity could be used to sign into your email account, social media accounts, and your favourite apps. It could be used to log into your bank account or even the voting booths in the future.
A digital identity is a means of online identification, in the same way that a driver’s license proves whom you are when applying for a car insurance policy. Likewise, your digital identity allows you to prove whom you are when signing into various services online.
They ensure that you are whom you say you are and make the online experience quicker and easier by cutting down the amount of information you have to provide.
Cross-Metaverse avatars allow users to preserve cultural distinction, elegance, and style in the Metaverse.
Using exceptional tools, Metaverse residents can create unique avatars throughout several Metaverses. It provides each individual with a distinctive, personal identity across the Metaverse.
Different businesses apply the avatar system in various ways; therefore, a guide is required.
Some companies use simple head-and-torso avatars, while others employ photorealistic, realistic avatars.
Even facial expressions and body language may be accommodated inside an avatar system for the Metaverse.
Trust and Privacy Challenges of Digital Identity
As important as digital identity is, it’s important to remember that digital identity is not the same as your real-world identity.
Digital identity is treated as entirely separate, and there are various reasons why this is important to avoid identity theft.
Most importantly, it allows you to separate your public persona from your private life.
You can sign in to your work email account and post on work-related social media sites using your digital identity while keeping your account separate.
Your digital identity should never contain personal information or user privacy, and it’s important to remember that digital identification isn’t a way to hide your personal information.
If you want to keep your personal information private, you should stay away from digital identity and stick to old-fashioned passwords.
Digital identity is, however, a way to prove whom you are without sharing your digital privacy.
How Digital Identity will Advance
There are two main ways in which digital identity will advance in the future.
The first is that digital identity will be decentralized. This indicates that there would be no centralized database of digital identities and login credentials.
Instead, all of your information will be stored securely on your computer or device.
This will ensure that you are the only person with complete access to your information, and nobody can take it away from you.
It will also allow you to take your digital identification as you switch computer devices.
Utilizing artificial intelligence (AI) is the second method by which digital identity will progress. Digital identity services will use AI trained to recognize and validate your identity.
Digital identity solutions will be able to detect when you are attempting to access a service and can then instantly check your identity using AI to see if it matches your digital identity.
If it does, the service will allow you in. If it does not, the service will require additional information to authenticate your identity before granting you access.
Digital transformation is changing how we interact with technology and one another, and Cross-Metaverse Avatars is at the core of this transformation helping users create their very own digital DNA.