Intelligent CIO Europe Issue 40 | Page 51

COUNTRY FOCUS : SPAIN forces ity using

Creation of a self-managed digital identity furnishes the certainty that information is reliable and has not been altered , thanks to Blockchain technology .
The challenge is to ensure that it has legal effects which are equivalent to the most advanced data validation and authentication processes available today .
New business models , greater efficiency and more benefits
Creation of a self-managed digital identity furnishes the certainty that information is reliable and has not been altered , thanks to Blockchain technology .
This development will give the participating companies greater efficiency and improvements in various processes , such as registration of users . Also , in a bid to pass on their innovative capacity to people ’ s lives , the project will enable participating companies to design new business models ( individual and / or collective ) to improve the user experience on the basis of the potential of self-managed digital identity .
During the concept test , now complete , the organisations found that the solution works satisfactorily . The second phase of the project took
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