Virtual Reality And The Identity Dilemma

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Virtual Reality And The Identity Dilemma: Steven Speilnerg’s dream of bringing a virtual game to life and creating a virtual world where we can choose our own avatars based on our own liking. In doing so we let go of our real identity, in short, a world without identity would be interesting to live in as depicted in his film “Ready Player One”. however, that cannot be the case as that particular game foregos of the facts which impact the personality and identity of said avatar.

Even though in that game there were no age restrictions the same is not true for the contemporary online gaming universe as there is a staunch requirement of age verification. So one can imagine how handy identity verification is for online gaming. So in order for the gaming industry to move smoothly KYC, Identity verification and all are needed.

Table of Contents

Gaming industry in general

One of the beneficiaries of the IDV industry is the gaming industry and online gaming in particular. However, the industry is scattered and adhering to different national laws regarding privacy. These factions make it difficult for anyone with IDV solution to provide cover to the entire industry in general. get more similar articles on this website.

The identity online game industry as well as the gaming industry in general are not to be ignored as it is one of the major contributors, only in 2020 due to the quarantine and COVID, the global online gaming industry amassed $18bn. The usefulness of Identity Verification only becomes non-negotiable on the basis of this stat only. 2020 recorded an increase of 21.9% annually.

Age verification

During the pandemic, the Online Gaming Verification with kyb checks underwent huge growth and is still going strong. However, with the advent and influx of gambling apps and other R-Rated online games, it is important that these portals must be regulated with some kind of check.

Age verification is a faction of Identity verification and is the cornerstone of safe online gaming. With Europe being at the forefront of the growing online gaming community the data privacy laws need to be regulated. Identity verification in online gaming is something that cannot be ignored.

Child Identity

In recent years a new type of fraud has been uncovered which was being overlooked, this fraud is commonly known as child identity fraud. This is not a new type but it has undergone insurgence recently causing more damages. Children often make free accounts on manipulated links that extract data, these fraudsters are innovators and use trojans and other viruses to access PII (personally identifiable information). One only learns about this fraud when it is too late.

In these stressful times, child id fraud has become more and more dangerous. The identity verification process can easily filter the fraudsters from the users without causing too much harm to the industry and streamlining the onboarding process. Child identity fraud is usually caused when children of any age group attempt to unlock a prize or a stage enter personal details. This creates an opportunity for the fraudsters.

Conclusion

There is no doubt that in the west and well as in the east the number of online gamers has increased exponentially and so has the growth of the industry for verifying businesses . This rapid multiplication of the online fraternity requires a regulator that not online differentiates between real user and fraudster.

In doing so it also keeps minors at bay from potentially harmful content and keeps them afar from Child ID theft fraud. Although the idea of the virtual world is a consuming fascination, in this time and age it is not far. However, the implications of ID verification and ID frauds only make it seem impossible, whereas, in all honesty, it is very achievable.