The online persona of a person or an organization is referred to as their digital identity. It might include location, social media activity, and other pertinent information in addition to personal or professional interests. Social media use can be influenced by personal and professional digital identities, with personal identities encouraging a more casual attitude and professional identities necessitating a formal approach.

Digital identities coalesce in networked publics to form an online collective identity. Both positive and negative effects may result from this convergence, including a rise in social connectivity and information sharing as well as cyberbullying, digital harassment, and the dissemination of false information.

Digital wallets, especially when used for financial transactions, can offer a high level of confidence in networked publics. To maintain user security, these virtual platforms hold user data using encryption technology, including payment information and personal identification documents. Digital wallets are a secure solution for online financial transactions since they can reduce fraud and identity theft.

Digital identity is crucial in the online world because it affects how people use social media and gives them a way to represent themselves or their organization online. Digital wallets can boost trust and security in online financial transactions whereas digital identities convergence in networked publics can have both positive and bad effects.