The OpenID Foundation is delighted to announce that it is one of 15 parties to a Collaborative Research and Development Agreement (CRADA) with the National Cybersecurity Council Center of Excellence. This project will accelerate digital identity adoption in the United States. Its first use case supports financial institutions to meet their Know-Your-Customer requirements using Mobile Drivers License (mDL) technologies and standards.
The OpenID Foundation and its members are passionate about the role that standards play in catalyzing ecosystems. We are grateful to NIST for the opportunity to engage in this project and for its continuing contributions to industry standards, including their active participation in OpenID Foundation Work Groups.
In this case, we are excited to test the OpenID for Verifiable Credentials family of specifications, especially OpenID for Verifiable Presentations, to support financial use cases. This effort directly complements our work with the California DMV, which employs two upcoming Hackathons to test a variety of public and private sector mDL use cases.
We are looking forward to further collaboration with the other 14 parties, among whom are many valued members of OIDF, including Idemia, Spruce ID, Mattr, the California DMV, and Sustaining Board Members Microsoft and Block/TBD.
We encourage members of the Financial Services community who are interested in this work to complete this survey, powered by our friends at the Secure Technology Alliance, which aims to understand FinServ awareness and attitudes towards Mobile Drivers Licenses.
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