Organizational Identity and the LEI
In today’s digital world, where organizations are increasingly cooperating and transacting remotely and across borders, trust can no longer be established with just a handshake or a paper-based signature. As such, there is a clear need for a way to digitally verify the legal identities of counterparty organizations and their key individuals. GLEIF is answering this need with the verifiable Legal Entity Identifier (vLEI). Stephan Wolf, GLEIF CEO, describes how in this episode of “GLEIF Explains”.
“GLEIF Explains”, from the Global LEI Foundation, shines a light on the wealth of trusted data contained in the Global LEI System and how to use it to its full potential.
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