Europe has opened a door to a universal wallet. The web’s inventor wants to enter

Posted under: Digital Transformation
Date: 2024-09-09
Europe has opened a door to a universal wallet. The web’s inventor wants to enter

By 2026, the EU will embed them in a new system: the European digital identity (eID), which will store, display, and verify credentials in one app. The eID will allow citizens to manage their finances, access services, sign contracts, and travel, with data remaining under their control. Critics claim the eID could enable governments to track our every move, raising concerns about mass surveillance.

Read more at: thenextweb.com