Systems and methods for generating and managing composite digital identities

Abstract

This disclosure relates generally to digital telecommunications, and more particularly to systems and methods for generating and managing composite digital identities. In one embodiment, a system and method for generating and managing digital identities is disclosed. The method includes receiving, from an identity seeker, a request having an identifier associated with an entity, the request includes a context associated with a transaction. An encrypted token corresponding to the identifier is identified from encrypted tokens stored in a database and is further decrypted to obtain context matrix on which analysis is performed with respect to the request. An activity status associated with the transaction is determined based on analysis to generate composite provisional digital identity (CPDI) specific to the transaction. Based on the determined activity status, one of is performed: (i) obtaining a verification message from the entity, wherein the verification message pertains to the transaction performed by entity, and generating a CPDI of the entity based on the verification message; or (ii) generating a composite provisional digital identity of the entity for authorizing the transaction.