ShareRing Link: The 3 tiers of reputability and why online credibility matters across the internet
ShareRing’s digital identity solution is made up of ShareRing Link, an identity management tool for businesses, and ShareRing Me, an identity management app for individual users. Whilst information is in abundance on the internet, the amount of false or fraudulent data is becoming difficult to manage, with consequences such as identity fraud on the rise every year. ShareRing’s digital identity solution was developed to solve this crisis, and return order and credibility to the internet and our day-to-day interactions online.
When dealing with personal or sensitive information, there is a need to create an infrastructure that supports privacy and security, as well as credibility and trustworthiness. In this article, we’ll dive deeper into how ShareRing maintains integrity and reputability of information used to create one’s digital identity.
In 2023, ShareRing achieved one of the company’s greatest milestones in being accredited under the United Kingdom’s Digital Identity and Attributes Trust Framework. This certification recognized the effectiveness, robustness, and trustworthiness of our technology used to verify one’s personal information. In simpler terms, this means that information that has been checked and approved by ShareRing can be trusted by businesses and institutions that rely on credible information for customer verification.
Before a user can use their digital identity and credentials, they must undergo a series of checks to ensure that their information is credible and trustworthy. Depending on the type of credential being verified by the individual user, different verification checks are conducted to ensure the highest level of confidence and credibility in the information being digitized. For simplicity and better user experience, we categorised this into 3 categories.
ShareRing Verified
If you decide that you need highly credible and trustworthy information, you’ll want to assign “ShareRing Verified” to the attributes you’re requesting through the QR code. This information has been extracted from an electronic chipped credential, like an e-passport or e-ID, matched with the information on the physical credential, and face matched against you. Information (or attributes) that are ShareRing Verified are also backed by the ShareLedger blockchain for proof of immutability.
Proof of immutability allows for verifiers (any entity that wants to verify your information to ensure that it has not been altered or tampered with when compared to it’s original state) to check whether your verified information has been changed; if the information has been altered, the proof of immutability fails and the verifier would be made aware to not trust this data.
Financial institutions performing KYC or CDD would rely on ShareRing Verified information to pre-screen their customers. Age restricted venues like bars and nightclubs would rely on ShareRing Verified information for age checks, but could opt for ShareRing Checked for names and photos.
ShareRing Checked
This tier of information is moderately credible and relies on a series of intermediate identity checks. The individual user would be verifying their identity (through ShareRing Me) with a non-chipped credential, such as a traditional passport, drivers license, or local state ID card (no chip). The user’s identity is still matched against their photo on the ID with facial recognition and liveness detection.
ShareRing Checked information is not proofed on the blockchain.
Events management personnel would rely on ShareRing Checked information to ensure that their guests match the identity of the attending person, for example conferences or private events that are exclusive. Hotel reception staff may want to use a combination of Verified and Checked information, verified for
User Added
Information that is not captured and verified from our list of supported credentials is automatically classified as User Added. This undergoes no verification, and should be used supplementary to ShareRing Verified and Checked information.