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Bill Shorten set to reveal innovative ‘Trust Exchange’ for digital identification.

Bill Shorten set to reveal innovative ‘Trust Exchange’ for digital identification.
The Australian
Government is set to introduce a new tool that will allow businesses to verify your identity using a government-issued QR code.

The system, called the “Trust Exchange” or TEx, will connect to a user’s MyGov Wallet or digital ID without the need to hand over any documents.

The QR codes could be used for job applications, hotel bookings, or entry into a pub or RSL clubs.

Minister for Government Services and NDIS Bill Shorten is set to announce the technology at the National Press Club today.

“Services Australia is partnering with other government systems to develop TEx which would give Australians the ability to verify their identity and credentials based on official information already held by the Australian Government,” Shorten will say.

The Australian Government is set to introduce a new tool that will allow businesses to verify your identity using a government-issued QR code. (Nine)

When booking a hotel room, for example, customers can scan the QR code and choose what information to share rather than presenting physical documents.

QR Code
Shorten will say codes “digitally shake hands with your myGov wallet,” leaving you with a record in your account of what you shared, and who you shared it with. (Getty)

Shorten mentioned that the Trust Exchange will use tokens to verify data without storing personal information, making it secure and convenient for users.

The Trust Exchange is currently in the proof of concept stage but is expected to launch later this year, revolutionizing how identity verification is done in various industries.



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