This marks the first time a unified digital ID system simultaneously bridges individual identity, corporate entities, and automated verification across both traditional and digital asset markets. The 20-digit LEI system's evolution into vLEI creates unprecedented capability to track and verify all commercial relationships between people and organizations globally - a technical framework never before possible.
GLEIF's Global Digital ID Hackathon: Mark of Commerce Advances
📰 What Happened
The Global Legal Entity Identifier Foundation launched a worldwide hackathon running July-December 2025 to expand their verifiable Legal Entity Identifier (vLEI) system. The initiative focuses on linking organizational and individual digital identities across three tracks: digital assets, Industry 4.0 manufacturing, and supply chain management. Backed by Swift banking and the ICC, winning teams will present in New York, Hong Kong and Frankfurt. CEO Alexandre Kech called it 'a transformative leap forward in digital organizational identity.'
📖 Prophetic Significance
The vLEI system's three-track approach (digital assets, manufacturing, supply chains) represents a quantum leap in establishing the infrastructure for a comprehensive economic control system. By connecting individual identities to organizational roles while bridging traditional/digital commerce, it creates the technical backbone for implementing restrictions on who can 'buy or sell.' The 5-month global hackathon involving Swift banking and the ICC shows major financial powers actively developing this system. The focus on 'automated identity verification' and cross-border operability directly advances the capability for centralized commercial exclusion prophesied in Scripture.