![]() ![]() “’s team, innovative solutions, and business model position the company well to set the bar in the ‘me-to-business’ market.”ĭigi.me’s current version of the app, which gathers pictures and posts from the major social media networks, is distributed in over 140 countries and in 11 languages. “’s solution is particularly compelling in that it ensures privacy through its “don’t see, don’t touch, don’t hold” approach to user data: Storage, access, and use of personal data rests with the owner. Omidyar Network Investment Partner CV Madhukar said: “We at Omidyar Network believe that individual empowerment in today’s economy requires one to have the ability to control the personal data that shapes one’s digital identity. ![]() “Being part of the Omidyar Network “family” is also giving us access to amazing businesses and non-for-profit organisations for which the transparent use of personal data will enable deeper customer relationships”. ![]() “Whilst new regulations such as GDPR will force some changes, we are ahead of the curve and developing the platform that will enable a transparent and trustworthy relationship between consumers and businesses. With, consumers get back control of how and where their personal data is used, while businesses get the wholly correct and permissioned data they lack today for innovation and service improvements – creating a transparent relationship and delivering a true win-win situation.ĭigi.me founder and chairman Julian Ranger said: “Omidyar Network’s investment in is a recognition that our vision of re-defining the overall relationship that both users and businesses have with personal data is well and truly on its way. “ Our “do not see, touch, nor hold” architecture, coupled with a clear and strong individually-controlled consent access process and certificate, ensures we meet all the considerations – and we will continue to ensure that we do so., the pioneering start-up transforming how consumers and businesses unlock the value of personal data, has closed its Series A round at £5.3m ($7m) with a $1m investment from Omidyar Network, the impact investment firm created by eBay founder Pierre Omidyar.ĭigi.me is developing a unique Permissioned Access platform built on its patent-pending technology that will allow users to bring together data from across their lives, including health, financials and more, and give them the option to share it with businesses for personalised services, convenience or reward. Julian Ranger, our Founder and Executive Chairman, said: “Omidyar mention that they “recognize the tension between the business model and incentives of a firm and the considerations noted above”, but at we believe that good design can minimise – or in our case eliminate – that tension. Under system governance, a critical point is that “privacy must be recognized as a fundamental human right”ĭigi.me, of course, fully supports the points of view highlighted and additionally already meets the principles expounded across technical design and system governance. In terms of key system and technical requirements to make this happen, the POV lists informed and meaningful user consent and control over data, including opting out after permission has been granted, and limited data collection and use only for a specified purpose, as well as the importance of privacy by design, system security and openness. provide for recourse and accountability for harms caused be non-discriminatory and designed for inclusion, meaningful user-control, and privacyģ. The Omidyar Network says that its hypothesis is that digital identity leads to empowerment only if three “foundational precepts” are considered: Identities must:ġ. ![]() To ensure all can access this on an inclusive and secure level playing field, it suggests the “ shared and thoughtful development of the necessary checks and balances”. “ At the same time, the digital economy will introduce new barriers to access and engagement for those who lack identification or are unable to establish identification for want of digital access.” Access to state benefits and a range of other services have the potential to become easier, faster, and more inclusive. “ Transactions will increasingly occur without the two transacting parties ever meeting. It goes on to explain that the growing digital economy “ will bring massive opportunities as connectivity increases and distance evaporates as a barrier for engagement and trade. Yet, designed and implemented unchecked, digital identity technologies could have unintended adverse consequences for the world’s most vulnerable populations.” It states that “ Identity is vital to participate fully in our modern digital society and economy. The Omidyar Network – an investor in – has recently put out a thoughtful and considered Point of View (POV) covering digital identity in the modern world. ![]()
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