India, Singapore and Norway are some of the countries leading the way in the development of digital public infrastructure as a means of enabling secure and seamless experiences for their citizens. The AADHAAR card program introduced by the Indian Government has already provided 1.3 billion users with digital IDs as the number of users of digital identity worldwide stands at 4.2 billion.
The Philippines and Thailand are also investing in substantial ID innovation, creating regulatory and infrastructure foundations for the provision of digital identity.
While some nations are proving the necessity of having digital economies and infrastructure, The World Economic Forum has published five insights to accelerate tech change elsewhere across all global markets from banking to education, travel and healthcare.
The value of a digital ecosystem is recognised by most countries, in breeding more information-based services and products for citizens and consumers; the key insights in the report further encourage governments around the world to take a whole-society approach in considering their digital transformations.
In summary, countries are able to achieve digital sovereignty and build infrastructure that serves the public interest and continues to enhance citizen experiences with making transactions and accessing private and public services.
Governments and large entities managing digital infrastructure for state services must also leverage working with other countries on strategic decision making around data security and portability, how to optimise the user experience and create interoperable systems.
As digitalisation transforms many sectors and government functions, the World Economic Forum stresses the importance of adopting a people-first approach to ensure regulation and good governance is the foundation of advancements of technology.
Norway’s national digital ID scheme to optimise online banking is another case that demonstrates how favourable digital systems are to speed up adoption, onboarding procedures, identity verification and lowers costs, however to experience the full benefits of DPI and DPGs, the World Economic Forum cites the need for cooperation and commitment from all stakeholders, including governments, enterprises and organisation.
TheIndian government’s Open Network for Digital Commerce highlights the potential of DPGs for creating open and decentralised DPI.