Digital identities are key enablers of building trust, allowing organisations to be verifiable and grow cross border. Digital identities are especially crucial in validating the authenticity as well as trustworthiness of MSMEs.
This is where the Universal Trusted Credential (UTC) comes in – a data-driven, digitally-enabled and independently-verified characterisation of MSMEs' creditworthiness and business trust. Since its inception, the UTC has been used in Ghana to provide MSMEs with access to financing, but its use cases extend beyond this to investment, sustainability reporting, and more.
In this session, panellists convene to discuss the potential of UTCs to build trust in MSMEs, opening up the doors to their growth and participation in using digital credentials in financing, investment, sustainability reporting and more.