This week Sir Tony Blair and Lord Hague of Richmond called for everyone in Britain to be given a digital ID incorporating their passport, driving licence and tax records as the cornerstone of a “technology revolution”. Writing in The Times, they outlined the benefits digital ID could bring and argued for a cross-party consensus putting technology at the heart of public services.
Homebuying is an area that stands to be transformed by the greater adoption of digital ID. This sea change has already begun — recent technology developments enable homebuyers to verify their ID digitally, speeding up a process that can take weeks to just minutes while reducing the risk of fraud and money laundering.
So what’s at stake?
We’ve all been there, instructing