Secure Identity Alliance Presents $50Bn Cost Saving Vision of the Future

There are some $50 billion savings opportunity government are set to enjoy through the implementation of secure eServices by 2020, according to Secure Identity Alliance.

Secure Identity Alliance in a report at the Connect:ID conference in Washington and the Cartes Asia conference in Hong Kong stated that the social and economic value of eServices will rise  in six years.

The report also investigated the wider social and economic benefits of this shift to digital: from increasing convenience, trust and citizen satisfaction to stimulating private sector eService innovation, delivery and growth.

Presenting the eServices Vision 2020 study, jointly conducted by the Secure Identity Alliance and the Boston Consulting Group, SIA speakers reaffirm ed the Alliance’s commitment to helping government and NGOs accelerate eService delivery through the provision of trusted digital identity.

Achieving the kind of dramatic value outlined in the study is predicated on the ability of governments to build trust frameworks – incorporating interoperable technologies, the next generation of context-aware authentication, and, of course, privacy and security policy. Underpinning it all will be creation and supply of secure digital identities. 

Playing a lead role in sharing best practice and delivering this new generation of eIdentity and eDocument technologies, the Alliance offers leadership and advisory services to governments in the following areas:

Government: modernizing states, ensuring service delivery performance while increasing citizen interaction, privacy and driving convenience.

Social protection: enabling the effective delivery and control of social inclusion, protection and reform programs.

Health: addressing rising costs and privacy issues, and increasing access to, and management of, universal healthcare.

Border control: leveraging electronic and biometric passport technologies as effective visa and border control to assure national and regional stability, support economic growth and help reduce illegal trafficking.

Election: enhancing universal suffrage and increasing electoral control and integrity.

Finance: driving financial market integrity (fraud, anti-money laundering and terrorism financing), extending governance and increasing financial inclusion.

Energy: optimizing energy efficiency programs, managing subsidies and supporting national and international energy diversity, sustainability and independence.

With governments already playing a key role in managing today’s physical identity worlds – from birth, marriage and death certificates, through passports and driving licenses to national identity cards – the scene is set for them to deliver the same in the digital world.