System and method for protecting the privacy of identity and financial information of the consumer conducting online business

摘要

The migration of identity documents, such as driving licenses, from physical documents to electronic documents creates new problems for those seeking to verify the identity of an individual based upon the electronic document they provide. However, the inventors have established a means of binding electronic documents and electronic representations of physical documents to individuals at issuance of the document(s). Accordingly, the inventors address identity verification by providing to those seeking to verify the individual's identity data allowing them to verify the presented electronic ID document. For example, a police officer requesting a driving license can obtain on their own electronic device through the methods of the invention the issued driving license associated with identifier information on the license provided by the individual. As such tampering with the license to change a name, date of birth, photo etc. will result in a visible mismatch to the police officer in comparing them.