Top 5 trends for Identity Management in 2020
We all are aware that the future of identity innovation includes increased use of biometrics. We have seen that happening all through 2019. In 2020, we see the trend of brining in blockchain technology into identity management, Cloud based identity management services and leveraging IoT with biometrics.
Blockchain and Identity Management
As a common practice in identity management systems, we see the challenge of maintaining identification information in a centralized system. Particularly identity information at the hands of third party creates the risk that they may not be able to adequately protect the information. Generally in such centralized data scenarios the information is owned by third party service providers. Blockchain technology can address this flaw to perfection.
Identity Management On Cloud
As the digital world continues to grow, it is also becoming an important aspect to identity the end users as companies like amazon has to keenly identity the customer before giving access to critical data and applications. Identity Management on cloud is a solution to make sure only authorized users have access to critical data and applications for management of security risks.
Identity Management with Single Sign On
The most needed and happening trend in identity management is to use single sign-on (SSO) with multifactor authentication that gives access to critical applications. Identity Management solutions that provide SSO functionality have seen more demand in the last six months of 2019 and this trend is expected to continue and grow into 2020.
Identity Management and IoT
Internet of Things (IoT) is always about devices and communication between them. More the devices more the identity need arises. Hence as the IoT starts evolving, the need of advanced identity solutions also evolve. We at TrueID see this is the game changing trend for Identity Management solution providers.
Identity and Artificial Intelligence (AI)
Artificial Intelligence based systems can get details about a person so well that all the data collected about them, combined with biometric authentication will be the need of the future. This helps to securely identity most people.
Overall the trend we see with Identity Management, is that it has to work in combination of advanced innovative technologies to deliver more that its current capability. These trends will be visualized globally as the new year of 2020 steps in. Wish you all a happy new year 2020. For more information, visit us at www.trueid.in