In today’s digital world, where more and more transactions and processes take place online, identity verification has become essential. To ensure security and trust, companies must ensure that their users are who they say they are. That is where the identity wallet comes into play.

Definition and characteristics

An identity wallet, also known as digital identity wallet, is an application or platform that allows users to securely store and manage their identity information. It works as a kind of digital vault where users can store and control their personal data, such as their name, address, date of birth, photograph, among others.

The main characteristic of an identity wallet is its ability to provide secure and reliable identity verification in digital environments. This means that once a user has added their personal data to their identity wallet, they can use it as a way to prove their identity across different online services without having to provide the same data repeatedly. Instead, you can authorize the transfer of your data in a secure and controlled manner.

Benefits for digital onboarding

The identity wallet plays a crucial role in the digital onboarding process, which is the process of registering and verifying new users on an online platform or service. With an identity wallet, users can complete this process faster and easier, since they do not need to fill out tedious forms or send physical copies of their identity documents.

In addition, the use of an identity wallet eliminates the need to share personal information with multiple service providers. Instead, the user can authorize access to their personal data only when necessary, which helps protect their privacy and reduces the risk of identity theft.

Types of identity wallets

There are different types of identity wallets, each with its own characteristics and functionalities:

1. Native wallets

Native wallets are mobile apps developed specifically for a device’s operating system. These wallets offer a high level of security and can take advantage of device features such as biometrics for more secure authentication.

2. Blockchain-based wallets

Blockchain-based wallets use blockchain technology to ensure the integrity and security of identity data. These wallets allow users to have full control over their data and decide what information they share and with whom they share it.

3. Federated wallets

Federated wallets are those that are based on cooperation between different entities, such as governments, companies and non-profit organizations. These wallets allow users to add and verify their identity data in a centralized way, thus facilitating their use in different services and applications.


In short, an identity wallet is a tool that allows users to securely store and control their identity information. Its use in the digital onboarding process allows faster and more secure identity verification, protecting user privacy and reducing the risk of fraud.

From the point of view of companies, the integration of an identity wallet in their systems can streamline their identity verification processes, improve security and reduce costs. In addition, by allowing users to have control over their data, trust and transparency in the relationship with customers is fostered.

In short, the identity wallet is a technological solution that promotes a safer, faster and more efficient way of verifying the identity of users in the current digital environment.

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