This post is by Douglas Daberius, head of Identity Management solutions at Nokia Siemens Networks.
As the world goes digital, the same thing is happening to the world economy. In fact, digital transactions account for more than 15% of the total world economy, so $20 trillion out of $120 trillion.
What does this mean for trust, which is the foundation of business? In the physical world, we rely on a handshake, written contracts and eye contact. In the digital world, we need new ways to earn and show trust, which will be key to driving growth in the digital economy. Operators are in a prime position to provide value here and take advantage of this growth.
Take the example of consumer-focused mobile services, particularly those on the cloud. As the sheer volume of user data grows, it is creating significant opportunities and challenges for service providers to manage transactions securely and protect users’ identities. Mobile network operators, through the secure mobile phones that use their networks, are well-positioned to provide mobile identity services.
They could provide security, identity and privacy via a trust-superstructure for billions of mobile broadband end-users, enterprises and machines. This trust-superstructure is not currently intrinsic to the digital economy, but will be a requirement for the next wave of exponential growth. The call to action to operators is clear, who are competing in this space with many start-ups and OTTs. This is the wave that operators need to catch, and we are working together to help them make the most of it.
The opportunities for the development of mobile identity services extend well beyond the mobile operator to other service providers such as SIM card manufacturers and security software and data storage companies. Identity services could also be developed through partnerships with governments and other public sector organizations.
I will be exploring many of the opportunities and challenges for service providers to drive the development and adoption of mobile identity services at Mobile World Congress:
Tuesday, February 26, 2013
Hall 4 – Conference Village – Auditorium 5
The format of the 90-minute session will be a series of short presentations followed by a panel discussion.