Developing a Decentralized Identity Management Platform through Japan-Australia Collaboration: Current Status and Future Developments
Dai Nippon Printing Co., Ltd. (DNP), MUFG Bank, Ltd., and Australia’s Meeco are collaborating to build a “trustworthy digital space” using decentralized IDs. In September 2024, an event was held at the Australian Embassy in Japan to present the results of their technical verification and future prospects. Decentralized ID is a digital ID system that allows individuals to manage their personal IDs autonomously. DNP aims to promote human exchange between Japan and Australia and will conduct various demonstration experiments in tourism, study abroad, and employment in collaboration with related companies. This article reports on the event and the “DNP's decentralized identity management platform” announced there, along with future initiatives.