The current identity management system is built around the "federated identity" model and relies on large data centers managed by big corporations. This translates into a series of inefficiencies for final users, namely:

• limited ability to manage their data
• complex procedures to exercise their rights
• dissemination of users' data across the web
• aggressive commercial behaviors of business

Similarly, KYC processes are expensive and unoptimized as they are usually provided with one-time credentials. KYC Providers normally rely on centralized storage solutions, exposing themselves and their users to possible data breaches.

Federated identity systems’ downsides directly impact Companies relying on them: slow onboarding time, high bounce rate during registration and exposure to liability for security issues.

Togggle solves all the mentioned inefficiencies through an ultra-secure system Privileged Identity Management Sytems (PIMS) based on decentralized storage and built around Companies’ and Users’ needs.

At Togggle we are solving all those inefficiencies. Check out how: Togggle Workflow