A digital identity, the web equivalent of real identity, is experiencing widespread adoption for identification and authentication in sharing economies.
The possibility of having a verified virtual identity has opened up a plethora of opportunities for smooth online transactions anywhere in the world. Having access to personal credentials online streamlines business workflows and makes it convenient for customers to make purchases, transfer funds or sign up for government e-services in a matter of seconds.
https://customerthink.com/digital-identity-woes-3-ways-to-balance-customer-experience-and-safety/