The Value of Digital Trust Index reveals potential to build growth during global economic slowdown
- Collaboration with economists at Cebr reveals digital trust’s trillion dollar opportunity to drive economic growth
- Global study finds 5% increase in digital trust is associated with an average increase in GDP per capita of US $3,000
- 68% of consumers support the creation of a digital identity system
- Digital trust gap emerging with non-Western markets leading Western markets leading with more trust in the digital economy
LONDON, Aug. 16, 2022 /PRNewswire/ — A new global study has revealed for the first time an economic value to building digital trust. A 5% increase in digital trust results in an average increase in GDP per capita of US $3,000. The findings are significant due to the global economic slowdown because investing in building digital trust into digital economies has the potential to deliver growth and productivity. The Digital Trust Index: the value of digital trust is seminal research, conducted by Callsign, the digital trust pioneer, and the Centre for Economics and Business Research (Cebr), into the attitudes and drivers of digital trust across modern economies.
“This Callsign research reveals the value of building digital trust to the global economy, and reflects the conversations and enquires we are engaging in. Organizations across the globe are looking at digital identity as the foundation to their digital ecosystem– delivering trusted interactions…