Exchanging private data will be safer for Australians using the ‘gold standard’ digital ID platform, which is at the “proof-of-concept” stage and expected to be implemented by the end of 2024. The myGov wallet will hold digital ID and other secure credentials such as driving licences and banking apps in a digital, mobile form, instead of paper-based. Government Services Minister Bill Shorten will address the delivery of the National Trust Exchange, or TEx program to the National Press Club on Tuesday.
Digitally sharing data is more secure and less cumbersome than providing one of many physical documents for identity assurance. The digital ID becomes the token for authentication but all physical documents – turned digital – can also be stored in the user-controlled wallet. Apps are compatible with the wallet.
The TEx program will allow information to be transferred through a ‘digital token’ not containing personal information, granting verification with a “digital thumbs up”.
Services Australia are delivering the platform working collaboratively with other government agencies.
A person’s information such as date-of-birth, address, visa status, qualifications, citizenship and occupational licences will be tokenised in transactions using the Digital ID.
