Digital Identity Wallet - Use Cases
The use of Digital Identity Wallets in society will drive the transformation of fast transactions between multiple parties to create a holistic and consistent approach to increasingly more complex and critical transactions in everyday life, whether professional or societal
The following list of potential practical use cases will provide guidance to potential relying parties on how to exploit digital wallets to their advantage.
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Healthcare
For patient empowerment, Digital Identity Wallets offer improved efficiency, security, and privacy while giving the citizens more control.
• Health Information Management: Ensuring that correct verified and valid documents can be exchanged or revealed precisely and controllably by their owners:
• Digital Identity Wallets contain all the current records of the patient, regardless of where they originated.
• Healthcare Information flows with the patient Identity Wallet, saving time and effort, and reducing potential fraud
• Signed Healthcare Approvals can be kept in wallet and presented for examination thus reducing fraudulent claims and reduced losses
• Issuer of the wallet has the opportunity for upselling (such as checkups) and communications.
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SME Business-to-Business
Most corporate actions require the signature or action of a natural legal person as well as other company information on contracts or agreements
• Validating role of employee: Digital Identity Wallets for Natural Legal Persons demonstrates the individual’s role on behalf of the company and is acting as a company representative
• Identification and authenticity of the company: Ensuring that company is verified and background details (such as ownership, status, registrations, licenses) are consistent. These are typically provided by GLEIF who provide the Legal Entity Identifier (LEI) and other sectorial certification bodies
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Site Inspections
Most inspections require the signature of the natural person as an individual and as a representative of the inspecting company to sign the inspection report, pass certificates or any non-compliance reports.
• These reports are often advisory only and due to connectivity issues in remote locations, may be paper-based and digitised afterwards.
• This results in an ad hoc process that is rarely effective or efficient, with inspection histories rarely followed up.
• With a wallet-to-wallet interaction, using robust connectivity such as QR code exchange, continuous and accurate reporting is facilitated and able to be actioned as soon as communication is available.
Thus, fast remediation or official approval can by recorded centrally and appropriate action taken, changing an often-disjointed process into a dynamic interactivity
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