Digital identification: a key to inclusive growth

McKinsey Global Institute

Last November, the McKinsey Global Institute published its report “Digital identification: a key to inclusive growth", analyzing nearly one hundred ways in which digital identification can be used.

The paper, which also looks at the cases of seven economies with different profiles*, recognizes digital identification as a factor that creates value, increases inclusion, promotes the formal economy and reduces fraud.

However, its use entails certain risks which require governments to adopt mitigating measures, prevent their inappropriate use and, at the same time, promote their accessibility.

The report also highlights the development of digital technologies; which makes processes cheaper and, in the last instance, increase the opportunities to create value through digital identification.

* Brazil, China, Ethiopia, India, Nigeria, United Kingdom and the United States