The ushering in of digital IDs will take people by surprise.
A few months back the UK gov put out a notice saying that all company directors must verify their id online using a government app. You'll be required to do so as a business owner. Imagine that, 15 years of trading and NOW they need this?
It occured to me how this could play out. Once the business sector has been sufficiently assimilated, then the banks will follow.
Hello, this is your mortgage provider. We require more information from you, and it must be submitted via your digital portal. If you don't do this by X date, we may not be able to continue providing you with a service.
Rinse and repeat.
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