UNCTAD Policy Brief No. 96 – Why robust digital identity systems are essential in fostering trade and development
We at YuTru are taking a global approach to digital identity. A global approach means that the digital identity we provide you is interoperable with other countries because it follows open standards that are secure and compatible. It can be trusted more readily than a closed system.
Last week we share a paper with you: Using a Trust Framework Approach for Digital Identity in Pacific Islands Countries. This week, we provide you with another brief recently published by the United Nations Conferences on Trade and Development. The paper makes four key points:
- Digital identity refers to the set of electronically captured and stored attributes and credentials used to uniquely identify a person.
- Countries should establish policies that support a robust national digital identity framework to ensure their economies are regionally integrated, including through e-commerce.
- Digital identification can provide a cost-effective means for developing countries to provide citizens with access to rights and services such as banking, schooling, and collecting social benefits.
- When effectively implemented, participation in the digital economy can be a powerful tool in helping to achieve the Sustainable Development Goals.
The YuTru trust framework and digital identity platform has been designed, first and foremost, for the unique needs of Papua New Guineans. But without compromising the need for a secure, reliable, and interoperable identity that is recognised and trusted by PNG’s neighbours and partners.