News

Germany plans to introduce European digital identity wallet

Tuesday 8 October 2024 08:39 CET | News

The German Government has announced its plans to develop a digital wallet in which the region’s citizens can store their national identity cards and other official documents. 

Following the EU’s mandate in which the regulator mentioned that all member states are required to introduce a standardised European digital identity wallet (EUDI) to allow EU nationals to verify their identity across the EU’s 27 countries, the German Government now looks into developing a wallet in which citizens can keep their ID card on a smartphone app. Similar to how individuals carry their bank cards or travel tickets, the EUDI wallet is set to enable them to prove their identity or age and sign with an authorised electronic signature. When commenting on the announcement, representatives underlined that this represents the first stage of the country’s EUDI and is planned to be introduced by 2027.

Germany plans to introduce European digital identity wallet

Germany’s EUDI and how it will scale security

According to officials, the German Government intends to support citizens in proving their identity securely, efficiently, and conveniently by leveraging their smartphones, without being required to utilise an additional card or a reading device. In addition, individuals are set to be able to use the EUDI wallet when applying for jobs, online banking, or in contact with authorities, which simplifies the process of proving one's identity. The EUDI wallet works towards ensuring the highest security standards while safeguarding the privacy of users, with it being available free of charge and contributing to digital inclusion, as all individuals, regardless of financial situation, can access it.

Furthermore, the BMI is collaborating with the Federal Agency for Disruptive Innovation (SPRIND) and the Federal Office of Information Security (BSI) to implement the new digital identity wallet. Also, Germany intends to widen the market for an EUDI while promoting freedom of choice, enabling other organisations to develop their mobile app to support domestic and cross-border identification to be conducted.

The EU’s digital identity wallet

Back at the beginning of March 2024, the EU unveiled a digital identity wallet that intended to cater to the needs of its citizens, residents, and businesses. At that time, the initiative worked towards granting individuals increased control over their personal data, enabling them to manage its dissemination according to their preferences. The system, which included a dedicated mobile app in which people can store, acquire, and share essential digital documents, planned to simplify several processes, like opening bank accounts, enrolling in foreign universities, or applying for employment opportunities.

Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: digital wallet, digital identity, identity verification, identity method, online security
Categories: Fraud & Financial Crime
Companies:
Countries: Germany
This article is part of category

Fraud & Financial Crime