EU Passes Vote for Digital Wallet
A majority of members of the European Parliament voted in support of establishing a mandate for interinstitutional discussions to bring about a digital wallet that is applicable throughout the whole EU.
The new European Digital Identification (eID) framework plans to develop what will be known as the European Digital Identity Wallet.
This wallet will be a digital one that EU people and enterprises may use (EDIW). The digital wallet gives individuals and businesses in the EU the ability to store their identity information, such as names and addresses, as well as digitized documents, such as data from bank accounts, birth certificates, diplomas, and other documents that can be used across international borders.
The eID modifications that were proposed by the ITRE committee contain the norm of zero-knowledge proofs. This provides EU individuals with complete control over their identification data.
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