Development of Mobile Wallet for Digital Identity in EU Started

In Germany, a mobile wallet for European Digital Identify (EUDI) is currently under development. The solution will allow EU citizens to securely use digital identification within the European Union and store and sign official documents via their smartphones.

Germany Develops Mobile Wallet for EUDI

The German Federal Ministry of the Interior (BMI) announced the start of the development of a government wallet for EUDI, which will be implemented as a smartphone app. The wallet will be used for the secure digital identification of citizens throughout the EU, as well as for storing and viewing personal data and official documents. Through the EUDI app, users will be able to sign documents using Qualified Electronic Signatures (QES).

The wallet’s development aligns with the EU’s Electronic Identification, Authentication, and Trust Services (eIDAS) regulation, which was adopted in February 2024. Under the new rules, all EU member states are required to implement at least one digital identification wallet by 2027.

According to Nancy Faeser, Germany’s Minister of the Interior, the government plans to create opportunities for private developers to participate in the project. Faeser believes this approach will foster innovation in Germany by allowing local companies and research institutes to offer alternative solutions for utilizing EUDI.

The project will be carried out by the Federal Ministry of the Interior, the Federal Agency for Disruptive Innovation (SPRIND), and the Federal Office for Information Security. As part of the project, six companies selected by SPRIND in May 2024 will develop the wallet architecture that meets high standards of data protection and user privacy.

Starting October 9, 2024, online consultations with the public will commence, allowing all interested parties to discuss potential wallet architecture and ways to implement them on a mass scale.

The authorities of South Korea, Brazil, Kenya, Argentina, and many other countries outside the EU are engaged in the development of ID systems.

Сообщение Development of Mobile Wallet for Digital Identity in EU Started появились сначала на CoinsPaid Media.

HOT news

Related posts

Latest posts

The jury within the OpenAI case has dominated in opposition to Elon Musk

The three week trial ended with lower than two hours of deliberation.

Bitcoin Worth Evaluation: What’s Subsequent for BTC as Key Trendline Breaks?

Bitcoin is buying and selling at $76.8k because the third week of Could opens. It has surrendered the $80k breakout that outlined the prior...

Bitmine’s Ethereum Hoard Surges Previous 5.28 Million ETH as Firm Nears 5% Provide Goal

Bitmine Immersion Applied sciences introduced that its Ethereum holdings have risen to five.28 million ETH. This provides the corporate possession of about 4.37% of...

Wadoozie Truthful Launch Places Treasure Hunts and Reside Excursions Forward of Hype – Discover Out Why

Crypto has no scarcity of tasks promising the world. Most ship a whitepaper and a Discord server. Wadoozie selected a unique highway – actually....

Sony’s luxurious tenth anniversary ‘ColleXion’ headphones proven in leak

They characteristic additional padding, polished steel accents and 'studio-grade' sound high quality.

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!