Accenture has joined the ID2020 Alliance alongside other partners including Microsoft to develop a more accessible, user-focused strategy for managing individual identities. The partnership incorporates knowledge from private companies, public institutions, and nonprofit organisations, and makes use of recent developments in biometrics and cutting-edge technology. The ID2020 Alliance is one of a kind due to its forward-thinking attitude and democratic leadership. ID2020 is creating a world-changing framework for digital ID solutions and technology development, financing, and rollout. When it comes to user-controlled, privacy-protecting, and portable digital ID, no other multi-stakeholder project comes close. To know more about Accenture a founding member of id 2020. what is the focus of this alliance? Scroll now!
How it Functions
The Accenture prototype integrates with current identification systems to ensure that sensitive data is safely stored “off chain.” It leverages the Enterprise Ethereum Alliance’s private, or “permissioned,” blockchain system and is in line with the objectives of the Decentralised Identity Foundation, of which Microsoft is a founding member.
Accenture will use its Unique Identity Service Platform to implement a cutting-edge biometrics system that can handle fingerprints, iris, and other data to address the challenges encountered by persons who do not have formal identities. Undocumented refugees, for instance, might have a permanent record of their identification thanks to this technology, increasing the likelihood that they will be able to get aid when and where it is most needed. More than 1.3 million refugees in 29 countries throughout Asia, Africa, and the Caribbean have been enrolled using the Biometric Identity Management System powered by the Accenture Platform. More than 7 million refugees from 75 countries will rely on the scheme.
Organisational Structures for Alliance Governance
Strong cooperation and well-defined channels for stakeholder participation are crucial to the success of this endeavor, which is an alliance.
ID2020’s governing body is the Alliance’s Executive Board. Included in the eleven-person board are five independent Directors, two Directors representing public sector Founding Partners, two Directors representing private sector Founding Partners, one Director representing funding organisations, and one Director serving as a privacy expert.
Commissions of Advisers
In-depth guidance for the ID2020 Board is provided by four topical Advisory Committees. Members of these committees are appointed by the Board, with two Advisory Committees open to nominations from the Founding Partners.
ID2020, a San Francisco, California-based 501(c)(3), serves as the Alliance’s Secretariat. ID2020 is accountable for managing the day-to-day operations of the organisation, which include but are not limited to: raising funds for digital ID projects; coordinating with implementing partners for project implementation; setting and managing technical standards; monitoring and evaluating the effectiveness of the programme; and managing the organization’s legal and financial affairs; and administering the governance system. The ID2020 Executive Director is responsible for overseeing these operations.
ID2020 is creating a world-changing framework for digital ID solution and technology development, financing, and rollout. When it comes to user-controlled, privacy-protecting, and portable digital ID, no other multi-stakeholder project comes close.
It will be impossible to achieve really revolutionary results with ad hoc expenditures in isolated use-case initiatives (or “business as usual”). To realign incentives, it is required to alter the flow of resources. Because of this, cooperative finance methods are crucial to making digital ID a platform for delivering various benefits and services to an individual throughout the course of their lifetime.
Solution at scale requires participation from the private sector. Companies with a global reach in the billions are among the alliance’s members, and all of them are dedicated to taking digital identity in a responsible manner. Alliance partners use a transparent governance framework to make decisions on how Alliance funds are handled, which programmes to fund, and which technical standards to support, preventing any one institution or industry from having undue influence.