Development of Identity Recognition Technology and Applications (pre-order)

The rise of the Internet in 1995 raised the curtain on information digitization. Today, digitization promises far-reaching applications. From government-driven digital economy, new financial service models such as FinTech and InsurTech, research on virtual currency as commodity or CBDE (Central Banking Digital Currency), to the emergence of new service providers such as e-commerce and social media, all have one thing in common, that is, identity recognition. In other words, identity recognition has existed for hundreds of years, but identity recognition methods have evolved as technology developed to where we are today. This report provides an overview of component and technological development of identity recognition technology and examines industry trends and existing applications.


1.Introduction
2.What is Identity Recognition
3. Development of Identity Recognition Technology
3.1 Past
3.2 Present
4.Future Trends in Identity Recognition
4.1 Identity Recognition Technology
4.2 Identity Representation Standards
4.3 Impact of Identity Recognition onExisting Vendors
5.Applications of Identity Recognition
5.1 Financial Services: Focus on Compliance
5.2 Sharing Economy: Focus on User Management
5.3 Gaming: Focus on User Monitoring
5.4 Healthcare: Improve Patients’ Rights
5.5 Inclusive Financing: Provide Full and Equal Access to Financial Services
6. MIC Perspective
Appendix


List Of Tables

Table 1 Comparison of Past and Present Identity Recognition Methods 

Table 2 Protocols Used by FIDO

Table 3 Benefits of Identity Recognition in Different Applications 


List Of Figures

Figure 1 Identity Recognition Technology from the 1960s to the Present Day 

Figure 2 How FIDO Works 

Figure 3 Trends and Impact of Development of Identity Recognition 

Figure 4 Financial Services – Fake ID Prevention 

Figure 5 Financial Services – Scam Prevention 

Figure 6 Sharing Economy – User Management 

Figure 7 Gaming – User Monitoring 

Figure 8 Healthcare – Authenticate Patients’ Identity 

Figure 9 Inclusive Financing – Innovative Credit Rating and Identity Recognition 


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