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In the age of digital technology, digital identity wallets offer users a transportable, secure way of verifying their identity and certifications. Having a reliable, up-to-date method of verifying identity enables enterprises to swiftly and securely manage procedures.

Switching to Digital Wallets

Digital wallets provide a flexible, streamlined experience for enterprises, employees, third-party contractors and business-to-business transactions. In spaces where transactions are high-risk, having a secure, verifiable identity to cross-reference is vital to security. Digital wallets can verify end users for active attorney license statuses, active medical licenses or to prove cybersecurity certifications, such as Certified Information Systems Security Professional (CISSP). These can follow employees throughout their employment.

Utilizing digital wallets in decision-making spaces can help verify end users in addition to their every-day authenticators, similar to step-up authentication. Digital wallets verify identities, eliminating the need for social engineering. If credentials are needed to gain privileged user access, digital wallets help enterprises verify that the end user is who they say they are. For example, during emergencies, such as natural disasters, wallets can help verify that volunteers have active licenses in a timely manner.

1Kosmos’s Enterprise Identity Wallets

1Kosmos enterprise identity wallets deliver centralized, scalable identity management that enable organizations to securely provision and govern employee digital identities, credentials and access privileges across their entire technology ecosystem.

First, 1Kosmos verifies the end user by validating and verifying their provided documentation. Once verified, 1Kosmos creates a digital wallet by collecting, encrypting and storing an end user’s identification information in a private and permissioned ledger, allowing only the end user to access and share their personal data on their own initiative. This information cannot be accessed by 1Kosmos, as it goes through several layers of encryption.

These wallets are built with World Wide Web Consortium (W3C) standards, providing an interoperable experience and enables users to reuse wallets and access their identification as often as needed.

1Kosmos’s Digital enterprise identity wallets are classified through a decentralized management system. 1Kosmos’s private, distributed ledger breaks up end users’ identification wallets, updating new certifications and licenses in its own personalized block, utilizing blockchain in the back end to provide a layer of security to encrypt information. Permissions are access based, providing a layer of security through segmentation. 1Kosmos’s wallets utilize attribute-based access control (ABAC) security, granting permissions based on matching data tags. With the proper credentials, end users can access files instantly.

Protection for High-Risk Transactions

1Kosmos’s enterprise identity wallets have an array of features that make them perfect for high-risk transactions. The wallets have a private and permissioned ledger, offering a distributed identity experience over a centralized one. With Presentation Attack Detection (PAD) Level 1 and Level 2 certifications, 1Kosmos offers protection against deep fake attacks. 1Kosmos offers continuous vulnerability management, FedRAMP high authorization, Kantara certification and Federal Information Processing Standards (FIPS)-140-3 encryption. Perfect for enterprise use and a diverse set of end users, 1Kosmos’s wallets can verify identity, ensuring that all processes are efficient and secure.

Visit 1Kosmos’s page to learn more about their full service, privacy preserving enterprise identity wallets.

Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator for our vendor partners, including 1Kosmos we deliver solutions for Geospatial, Cybersecurity, MultiCloud, DevSecOps, Artificial Intelligence, Customer Experience and Engagement, Open Source and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Explore the Carahsoft Blog to learn more about the latest trends in Government technology markets and solutions, as well as Carahsoft’s ecosystem of partner thought-leaders.

The Solution to a Divided System

Healthcare providers are spread across multiple companies, cities and states. The lack of a centralized database results in a fractured state of medical records. Patients often lose track of their medical history, and transferring data can be difficult in scenarios that happen across state lines—for example, if a patient needs emergency treatment in a state they do not reside in. Recent standards, such as the Trusted Exchange Framework Common Agreement (TEFCO), a legal consensus that enables network-to-network data sharing, promotes the idea of transferring data regardless of location. Digital wallets allow for a national, unified experience to review and obtain medical records, empowering patients and providers alike.

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Benefits of a Digital Wallet

Digital wallets with verifiable credentials embolden users with a quick, accessible way to deliver their framework across the healthcare sector.

There are numerous benefits to having a digital wallet. They provide:

Interoperability: Digital wallets are designed to work well with other systems, promoting a cohesive experience across different providers and geographical distances.

Enhanced Security: Patients can take control of their data and decide when it is shared.

Improved User Experience: By providing swift user verification without redundancy, users can enjoy a smooth and frictionless experience.

Unified Standards: The community driven nature ensures a consistent experience across all use cases.

Equipped with a digital identity, healthcare systems are enabled to provide and receive swift, efficient care.

Building A Unified Experience

The rise of verifiable digital credentials, such as multi-factor authentication (MFA), phishing resistant authenticators and strong identifiers like pass keys, enables end users to reliably tie themselves to a digital identity while protecting against fraud, waste and abuse. It is important to balance strong, accurate authenticators with an accessible end user experience. Patients value simplicity and accessibility, so structures that require numerous logins can be viewed as cumbersome.

Before deploying features of the digital wallet, all participants should agree on the framework for identity verification. Referring to the standards of the World Wide Web Consortium (W3C), TEFCO and 21^st Century Cures Act can help involved parties agree on a method of identity verification and credentials that satisfy safety, accessibility and interoperability all at once.

Functionally, digital wallets independently verify each user. First, the patient submits a digital representation of their identity, whether a passport, license or other form of identification. Next, a data broker verifies the information submitted for validation. This validation is secured and verified with cryptographic keys. Passkeys protect the digital wallet while simultaneously verifying that the party accessing it is correct.

With trust established, users can manage and own their healthcare data.

To learn more about integrating interoperability, security and a unified customer friendly experience through digital wallets, watch 1Kosmos’s webinar “Bridging Healthcare Sectors with Digital Wallets.”