Government Likens myGov to an Unused Ferrari in the Garage: Great Potential, Minimal Utilization
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Quick Overview
- The Australian government intends to elevate myGov beyond its role as merely a digital services portal.
- A new digital identity exchange known as Trust Exchange (TEx) is in the works.
- TEx will enable users to authenticate their identity using government-provided information without disclosing personal details.
- This project aims to enhance the functionality of myGov, which is not fully utilised at present.
- TEx will operate as an opt-in service, designed to attract users through its simplicity.
The New Direction for myGov
The Australian government is embarking on an ambitious initiative to evolve myGov from a basic digital services platform into a robust identity exchange framework. This project, led by Government Services Minister Bill Shorten, seeks to unlock the potential of myGov, comparing its current underutilisation to a “Ferrari trapped in a garage”.
Presenting Trust Exchange (TEx)
Central to this development is the Trust Exchange (TEx), a digital identity exchange that functions not as a wallet, app, or identification, but as a system for verifying identities. In contrast to private sector solutions, TEx will tap into data held by the federal government to confirm identities.
Bill Shorten imagines scenarios where individuals can authenticate their identity via a QR code or tap-to-pay technology, revealing only the data they opt to share. This approach ensures security by ensuring that digital confirmation tokens exchanged do not contain personal information, rendering them ineffective if intercepted by malicious actors.
Execution and Future Outlook
With an initial funding of $11.4 million, Services Australia is spearheading the proof-of-concept, which is expected to wrap up by January 2025. The emphasis will be on creating verified credentials, selective sharing of information, and identity validation without compromising data privacy. A pilot stage is anticipated to follow, depending on the proof-of-concept’s success.
Participation in TEx will be optional, yet the government is hopeful that its practicality and user-friendliness will encourage widespread adoption. With 5.6 million current users of the myGov app, amplifying its capabilities through TEx could significantly boost its value for Australians across various industries such as banking, telecom, and real estate.
Recap
The Australian government is intent on transforming myGov through the rollout of TEx, a digital identity exchange crafted to provide secure and efficient identity verification. By utilising government-held information, TEx aspires to deliver a reliable, user-directed solution that enhances myGov’s utility while safeguarding privacy and security.