Social Distancing and we switch to virtual life
The reality of COVID-19, the Corona Virus, has taught us that we have still a lot of homework to do when it comes to our “digital society”. myEGO2GO is an ID tech startup working towards a digital identity management based on blockchain technology. A health crisis that demands the distance between people also shows us the necessity of digital solutions to verify documents and processes. With our strong user-centric approach, we can help businesses today to switch to contactless verification processes that support daily business and eventually containing the pandemic further.
The challenging part
Many processes nowadays still require face-to-face transactions, the mandatory paper and plastic documents to prove your identity, to get medical access, to rent a home or car and many more use cases are still in place.
But although face-to-face transactions promote social interaction, they should not be a necessity!
The exchange of personal data online also reveals the problem of fraud. A business loses 5% of its revenue on average per year to fraud (ACFE Report). In light of the recent pandemic, this number can easily grow.
But we should be able to trust the people and businesses!
To many businesses, the motto “Flatten the Curve” meant the relocation to remote work. But this step also bears the risk of insecure personal data transfer since companies have problems implementing the same level of protection as they have in their own headquarters.
But it should not matter where you work – in an office or at home!
Businesses that have already implemented KYC processes to verify users will face even more costs. KYC processes are expensive due to non-reusable single instance verifications.
But it doesn’t have to be so expensive!
myEGO2GO as solution for people
myEGO2GO is a user-centric digital identity platform based on blockchain technology. It is designed for people who want to protect their digital identity and for businesses who want to embrace a secure and digital customership.
It’s about people!
Every person is unique. Our conviction: Everyone has the right to manage and protect their own personal data. That’s why we offer an app in which everyone can store their digital self. We made it as simple and secure as possible so you can piece together the digital identity puzzle for a better world. Your digital home is here.
myEGO2GO as solution for businesses
The above mentioned challenges businesses face today, can be tackled now. Forget complicated KYC processes and multiple verifications. We have it: the new and lean solution for managing your customer relationships. During this time of crisis, we will certainly offer our solution without any cost calculation. If you want to find out more contact us or download our brochure.
Although a crisis like this shows us the lacks and flaws of our digital society, it also shows us the benefits and chances to elevate this to a new paradigm that will help businesses and people alike. We all have to show human compassion and cooperation now. One solution will be to change transactions into the digital world as fast as possible. Let’s support each other wherever we can, let us emerge strengthened from this crisis and build the grounds for future ones.
What does Social Distancing mean for businesses?
The restrictions to our daily life and work routine and the mandatory quarantine force us to take a deeper step in understanding and re-examining the current state of digitization of countries and businesses, work, life and communication. Of course, the huge amount of people now wanting to access all of these online platforms, have caused delays or shut-downs lasting a few hours, but nonetheless, we can be happy that we have implemented them so far.
The good part
Industries have worked towards a more digital approach over the past years, e.g.: