American here; very accurate. On the digital ID part, the government + regulated industries like banking will enforce validating specific types of IDs via thir

American here; very accurate. On the digital ID part, the government + regulated industries like banking will enforce validating specific types of IDs via third party companies and data sources to use said government / regulated industry services - which is used as a hacked duct tape and silly string version of digital ID. Other than that… yep you got it.