Etive to create digital identity trust scheme for residential property market
The tech company has received funding from Innovate UK to create a digital identity trust scheme, aiming to improve identity verification in the residential property sector
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Technology supplier Etive is working to create a digital identity trust scheme for the residential property sector.
The company has received a grant from Innovate UK to create a digital identity solution, allowing buyers and sellers to prove their identity once, instead of having to do so multiple times.
This can then be shared with other parties such as estate agents, mortgage providers and conveyancers, within the digital identity trust scheme framework.
“Since the third national lockdown was announced we have received a significant amount of feedback from our members expressing serious concerns about the safety of court buildings, despite assurances from HMCTS that they are Covid-secure for the new variant.
He said safety measures taken so far have been welcomed, but the record numbers of daily infections around the country “cannot be ignored”.
“Due to the rapid acceleration of transmission and the ever-increasing pressures on the NHS, we are now in a position where urgent action within the courts must be taken in order to ensure safety and to assist in the process of stemming the rate of infections and in ensuring that the NHS does not become overwhelmed.”