GLEIF & IDC Technology Spotlight: Driving Business with Trust – The Sustaining Role of Digital Identities
Secure and reliable digital identities are a vital prerequisite for solving a whole basket of problems currently inhibiting trade flows relating to fraud and risk mitigation together with sustainability and environmental stewardship, financial inclusion, supply chain efficiency, and more.
Research conducted by IDC for GLEIF reveals that 79% of digitally mature organizations are now prioritizing trust programs, with 37% citing 'mitigating the risk that threatens digital trust' as one of the most challenging facets of running a digital business. Reflecting this demand, IDC is now forecasting double digit year-on-year growth across EMEA in the market for Identity and Digital Trust (IDT) technologies.
This IDC Technology Spotlight, sponsored by GLEIF, unpacks these issues and explores how the application of the LEI and vLEI can contribute to cross-border legal entity identification to enable more efficient, secure, and innovative supply chain management around the world.