The Obama Administration on April 15th launched an initiative to create an ‘Identity Ecosystem’ (SeekingAlpha.com)
The vision is to create an ecosystem whereby individuals, businesses, and other organizations enjoy greater trust and security as they conduct sensitive transaction online. The ecosystem would enable consumers who want to participate to obtain a single ‘trusted credential’ from a public agency or private secure ID provider that can then be used to obtain access and conduct transactions with online businesses without having to give confidential personal information to each business as is the case right now.
