DiscoverWeb3 for Business – by 51 Insights🎙️How Digital Identity Will Reshape Your Business
🎙️How Digital Identity Will Reshape Your Business

🎙️How Digital Identity Will Reshape Your Business

Update: 2024-08-28
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Hi, it’s Marc. ✌️

I’m thrilled to share the latest episode of our podcast with Vinny Lingham, Co-Founder & Executive Chairman at Civic Technologies, Rumi.ai, Newton Partners and GP at Multicoin Capital.  

Why it matters: Digital identity will be key to securing customer data and driving innovation in a digital-first, blockchain-based economy.

Civic Technologies digital identity pioneer and leader in digital identity solutions. Founded in 2015 by Vinny Lingham and Jonathan Smith, Civic Technologies aims to provide individuals and businesses with a secure and user-friendly platform to manage and protect their digital identities. 

We talked about:

* Decentralized identity as a trust enabler for secure data management

* User control vs. data centralization

* Adapting to the decline of third-party cookies

* The future of digital trust in business

* Crypto’s long-term viability and strategic importance

And much more…

“The real issue is that everyone wants to own your data—decentralized identity puts control back in the hands of the people.”

3 Actionable Take-Aways:

* Adopt Decentralized Identity Early: Decentralized digital identities are crucial for enhancing trust and compliance in a rapidly evolving regulatory landscape. Early adoption can position your company as a leader in secure, user-centric data management.

* Rethink Data Strategy: With third-party cookies disappearing, decentralized identity offers a secure, compliant way to manage first-party customer data, aligning with new privacy regulations while maintaining customer trust.

* Prepare for Regulatory Shifts: The adoption of digital identity solutions will likely accelerate once global regulations around crypto and identity become more defined. Businesses should prepare by exploring these technologies now.

That’s it for now.

Thanks for being part of the journey.

Talk soon,– Marc

PS: Follow me on LinkedIn and X for shorter insights.

Find our other podcasts here:

* Spotify

* Apple Podcasts

* Youtube

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🎙️How Digital Identity Will Reshape Your Business

🎙️How Digital Identity Will Reshape Your Business

Marc Baumann