Asia’s digital ID technology developments gain pace

Real ID advances with Optical Character Recognition (OCR) and cross-racial facial recognition accuracy The recent spate of data breaches—ranging from a flaw in Google + that led to its shutdown and the reported hacking and collection of 120 million Facebook users’ data for sale—have highlighted the potential for abuse of digital identity. The digital world thrives on speed and trust. When trust is broken, the cost to businesses and individuals extends beyond the loss of sales or income. Reputational damage, legal costs and the potential loss of future opportunities are…

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