5 things you need to know about digital ID now

The digital landscape is evolving rapidly and the concept of digital ID is gaining unprecedented momentum. As online services grow, understanding digital ID is crucial for safe and efficient transactions in an expanding digital world. Let's cover the five core aspects you need to know about digital ID now.

1) Digital ID refers to the way your personal identity information can be presented in a digitalised way instead of on paper. Information such as your name or address as is seen on a Driver’s License or Passport can be digitalised. It can also include biometric information such as a face scan or fingerprint. Once this information is digitalised it also needs to be verified to ensure the documents truly represent who you are. An advantage of Digital IDs is that it allows you to have easier access to online services and agencies.

2) The Australian government is supporting the roll-out of a Digital ID system which may launch as early as July 2024. This Digital ID system will help individuals and businesses access Government services online and reduce the need to produce ID documents repetitively.

3) Other services provided by non-government third-party providers also require you to provide them with your personal identity information regularly. For example, when you need to buy or sell a place, you will be asked by the acting real estate agent to prove who you are with documentation. A Digital ID system is an easy and convenient way to complete this interaction compared to using paper-based systems.

4) VerifiMe is a Digital ID provider that lets you be your own digital ID boss. It securely stores your ID information while putting you in control of your personal data as you permission which service providers can have access to the information they need. You only need to set up the ID documentation once and then it can be reused whenever you are asked for it.

5) Other advantages of using VerifiMe as your first choice Digital ID provider is that it will have the capacity to not only store your personal ID information but also necessary information from an entity you are involved with, for example, a self-managed super fund, trust or company.

Zoe McKeough

Head of Special Projects