According to reports, Billionaire Elon Musk's social media platform Twitter will introduce an Official label for select verified accounts including major media outlets and governments when it launches its new $8 premium subscription product.

Reports suggest that, Twitter Blue subscription product, which will allow paid users to carry blue check marks on their accounts, will not actually verify users' identities.

The lack of ID verification is likely to raise concerns about the possibility of people impersonating public figures.

Yoel Roth, Twitter's head of safety and integrity says, “Already, such concerns have caused Twitter to hold off on launching the new version of Twitter Blue until after the U.S. midterm elections on Tuesday.”

Fake accounts for government officials are a recurring issue for Twitter globally, as per reports.

Not all Twitter accounts that were previously verified with a blue check mark will get the Official label and the label is not available for purchase.

Accounts that will receive the official label include governments, commercial companies, business partners, major media outlets, publishers and some other public figures.

Jason Goldman, a former Twitter board member says, “The introduction of a new label alongside the existing check marks creates a confusing system where some, but not all, previously verified accounts will be deemed official.”

The official label comes after an internal push by Twitter policy executives, who had strong concerns about government officials around the world being unlikely and unwilling to pay for verified check marks, as per reports.