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Verifiable credentials can be issued by anyone, about anything, and can be presented to and verified by everyone. The entity that generates the credential is called the Issuer. The credential is then given to the Holder who stores it for later use. The Holder can then prove something about themselves by presenting their credentials to a Verifier.
FIPS 201 specifies that an identity credential must be stored on a smart card. SP 800-73, a NIST special publication, contains the technical specifications to interface with the smart card to retrieve and use the PIV identity credentials. [2] FIPS 201 was replaced by FIPS 201-2 [3] on September 5, 2013, [4] and by FIPS 201-3 in January 2022. [5]
Relationship between entities, identities and attributes / identifiers Decentralized identifiers (DIDs) [1] can be used to enable self-sovereign identities.. Self-sovereign identity (SSI) is an approach to digital identity that gives individuals control over the information they use to prove who they are to websites, services, and applications across the web.
Also, strict policies against money laundering mean that some services, such as money transfers need a stricter level of validation of digital identity. Digital identity in the national sense can mean a combination of single sign on, and/or validation of assertions by trusted authorities (generally the government).
Identity assurance in the context of federated identity management is the ability for a party to determine, with some level of certainty, that an electronic credential representing an entity (human or a machine) with which it interacts to effect a transaction, can be trusted to actually belong to the entity.
A credential service provider (CSP) is a trusted entity that issues security tokens or electronic credentials to subscribers. [1] A CSP forms part of an authentication system, most typically identified as a separate entity in a Federated authentication system. A CSP may be an independent third party, or may issue credentials for its own use. [1]
ID.me digital credentials can be used to access government services, healthcare logins, or discounts from retailers. The company is based in McLean, Virginia. [2] In the wake of the economic downturn caused by the COVID-19 pandemic, ID.me was contracted by numerous state unemployment agencies to verify the identities of claimants.
The federal government also issues a variety of other documents and cards which can be used to establish identity. Trusted traveler cards are issued by US Customs and Border Protection to indicate participation in the NEXUS, SENTRI, or Global Entry programs used to facilitate expedited entry through customs.