“An identity would seem to be arrived at by the way in which the person faces and uses his experience.” — James Baldwin
This quote says a lot about what we imagine our identities to be. Identity has never been a timeless concept. It emerged due to the need to keep track of people of a particular region or sect. Since the early inception of IDs, there have been several versions of it. Some tried to create databases of basic personal information, while others have been attempting to collect detailed profiles.
The need for IDs is a necessity which helps, but it could also hurt an individual. It is an asset which should be protected.
“Your identity is your most valuable possession. Protect it.” — Elastigirl, The Incredibles
The need for identity verification
The simple fact that identity thefts have increased in recent times, even after such technological advancements, is a testament to its need. The latest numbers show that 1 in every 16 people faced some form of ID theft in 2018. The cost of such thefts run into billions of dollars every year. It is a big business to steal personal data.
The personal data stored in IDs has increased from just having names and addresses to having fingerprints and iris scans (as in the case of Aadhaar). The technology to save this information has unfortunately not improved to an acceptable extent. The information is stored in databases which are vulnerable and can lose information as we have seen in the past.
The Aadhaar information breach, the Facebook data breach, and the recent Russian secret intelligence agency hack show that every system is vulnerable and shows that anyone’s identity is up for grabs. To be fair, these are secure databases, but no system is immune to breaches.
The need for verifying an identity becomes paramount when you start working with people. Identity thefts have become a global hiring concern. With data security becoming a prime importance for businesses around the world, verifying every employee is an undeniable need.
Instant identity verifications
There are government databases which allow for quick document verifications. You can instantly know if the ID belongs to a particular individual or not. The databases for PAN (Permanent Account Number), Aadhar and Voter ID Cards are available to cross-verify instantly. Technologies like OCR (Optical Character Recognition) coupled with Machine Learning, allows for instant scans of documents to reveal its true nature.
The technology is available to ascertain the basic information of anyone. We at SpringVerify use digital instant verifications of identity all the time. It takes mere seconds to verify, and there is every reason to use it.
The Future of Identity Verifications
Moving forward, we are looking at a future where people work with multiple people from various regions of the World. The need for verification of identity is only slated to become more complicated, and thus the need for complex verifying protocols would rise.
Better technologies will emerge, which will bring instant biometric scans like iris scans to verify an individual. The biggest database for iris scans is already available (Aadhaar). It is just a matter of time before we could have these databases being referred to verify a person.
The future of work as we, at SpringRole, see it will need better verification methods and better storage of this sensitive information. Personal identities would be stored on decentralized databases (Blockchain) and would be secure from external entities.
It is already happening around us, and it is only going to enhance personal identities.
SpringVerify is the modern take on the age-old problem of employee verification being costly, tedious, and out of reach of small businesses. We are trying to build a platform where the employee verification process happens seamlessly and with minimal effort required from both the company and the employee.
We believe that employee verification is a must for any business. It is a critical process in ensuring that every employee working with you is faithful and could be trusted. CareerBuilder survey shows that a company stands to lose on average $17000 on a wrong hire. Read more here.
We have built the platform with blockchain and believe that it will change virtually everything it comes in contact with. Blockchain helps us in building a decentralized system which keeps all our data secure and immutable. Read more here.