Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is IdenTrust?

identrust
0
Posted

What is IdenTrust?

0

IdenTrust was founded by a consortium of banks, including Citi, in response to the ESIGN Act of 1999 to address the missing details in the regulation related to integrity, confidentiality, authenticity, validity, and non-repudiation (not deniable). The IdenTrust rule set is based on contract law, thereby binding participants to the operational and technological aspects through an enforceable governance model. As an identity management standard set of operating rules, IdenTrust promotes the secure, standardized way for rely parties to trust their trading partners. By virtue of commonly accepted policies, IdenTrust certified trading partners will also know: their dealings are legally binding; they can protect themselves from the unlikely event an electronic identity is faulty; they have recourse in the event a trading partner attempts to defraud them; and they comprehend the meaning — both legal and practical — of an IdenTrust electronic identity. Citi has outsourced our Identity Certifi

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.