86% of users report abandoning a purchase when asked to register with a website. Hackers are now highly adept at cracking even sophisticated passwords and around 63% of online security breaches can be attributed to compromised passwords. Mobile network operators are increasingly moving into the digital identity market with collaborations between operators and their partners to eliminate the need to remember multiple insecure usernames and passwords. The implications of this technology go far beyond financial transactions and online purchases, with use cases expected to include a wide array of public sector deployments as well.”]
Source: https://informationsecuritybuzz.com/study-research/operators-taking-lead-digital-identity/