Customer Unique Identification Number (CUIN) is managed using centralized database where in service provider (government bodies, banks, TSPs etc.) collects customer data relating to demographic profile, biometrics etc.- Security of such data becomes of utmost importance. These types of Databases contain billions of records with sensitive customer information and hence become the honeypot for hackers posing to Security Threat.
Apart from hacking there is one more eminent threat that is Data Leak. The current architectures available to validate, certify, and manage identity are based on centralized, top-down approaches that rely on trusted authorities and third-party operators.
Security and transparency are critical factors when it comes to the Subscriber Identity Management. Blockchain combined with a network of IoT-based tracking provides sound identity management and governance, ensuring:
For in-depth insight on the Subscriber Identity Management using Hyperledger Fabric based Blockchain, download our proof of concept.