The Sharing Economy - Who Can You Trust #IMVC17

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Navigating Personal Identity & Managing Risk

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The sharing economy has turned the traditional marketplace on its head and it seems appropriate that the sharing economy be the venue that we use to challenge traditional notions regarding identity verification.

Despite personal data consistently being a reliable source for validating identity to companies, companies are investing more time and energy to effectively acquire, manage and protect the personal information of their users and workforce to the detriment of their own business focus. Additionally, the regulatory requirements and liability that accompany any interaction with personal data continue to increase, putting additional strain on businesses to stay current in their efforts and information.

From a user perspective, as individuals are asked to provide their information more broadly, security concerns and a loss of control become more prevalent, possibly even putting once standard interactions at risk. Individuals are looking for a simple, easy way to manage their personal information with minimal friction and energy.  

In this session we will discuss how establishing a trustworthy and verifiable identity can utilize the possibilities of the sharing economy, while mitigating the risk.

  • How the sharing economy is increasingly integrating into our daily lives, and is becoming a serious source of income with providers offering more sophisticated services.
  • The problems that are faced by businesses and individuals and finally potential solutions for managing the security of personal data.
  • What are the compliance barriers to the sharing economy

Speakers

Photo of Nathan Rowe

Nathan Rowe

Chief Product Officer, Evident ID

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