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Why Relying Parties should implement OpenID based authentication?

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Why Relying Parties should implement OpenID based authentication?

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Expedited customer acquisition: OpenID allows users to quickly and easily complete the account creation process by eliminating entry of commonly requested fields (email address, gender, birthdates etc.), thus reducing the friction to adopt a new service. Outsourcing authentication saves costs: As a relying party you don’t have to worry about lost user names, passwords, a costly infrastructure, upgrading to new standards and devices. You can just focus on your core. From research the average cost per user for professional authentication are approximately €34 per year. In the future, the relying party will end up paying only a few Cents per authentication request (transaction based). Reduced user account management costs: The primary cost for most IT organizations is resetting forgotten authentication credentials. By reducing the number of credentials, a user is less likely to forget their credentials. By outsourcing the authentication process to a third-party, the relying party can avoi

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