Truvity’s Post

Join us in a 3 part series where we deep dive into #eIDAS2 Across this series we will be looking into: ✅ The development of the eIDAS regulation and framework ✅ Looking at the direct impact on individuals, buniesses and governments ✅ How you can start to prepare for eIDAS right now! Starting the series with: eIDAS Deep Dive: The Evolution of Digital Identity in Europe Discover how the EU's eIDAS2 regulation mandates decentralized identity and digital wallets, enhancing data control, security, and privacy for individuals and businesses. Learn how this will revolutionize digital interactions and reduce fraud. Check it out here: https://lnkd.in/e3HpTfUv #digitalidentity #verifiedcredentials #vidos #europeanunion #eu

Strengthened EU-Aotearoa relationships mean Kiwis could benefit from the EU’s advancements in digital identity and privacy. 🔐 New legislation will empower EU citizens with a digital identity wallet, enhancing their online engagement with greater ease and security. 🌍 Read ➖ https://lnkd.in/gRtKfqif #strongertogether #EUbenefits #digitalidentity #digitaltransformation

🌐 Leading the Way in Digital Credentials: The EU's Vision and Opportunities for Australia The EU is pioneering the use of digital credentials and wallets through initiatives like eIDAS 2.0, enabling secure, interoperable digital identities across borders. This framework allows individuals to hold and share verified government-issued IDs via digital wallets, enhancing trust and streamlining interactions in both public and private sectors. For Australian companies, integrating solutions that verify digital credentials is crucial. This enables seamless use of these credentials within Australia's private sector, fostering international cooperation and enhancing security. 📖 Read more: https://lnkd.in/gps8S2Yr #digitalwallet #identity #digitalidentity #digitalcredentials

Digital identification is an important topic and one with large security implications if done poorly. Concerns over security of such a system and the privacy are paramount, but the move toward more digital tools such as identity and currency are not going away. The proposal outlined in this article, if done well, would continue to allow people to have more control over their digital information. An interesting read. https://lnkd.in/ggVU_bEb

Panama is launching a digital ID and wallet for permanent residents, a significant move towards secure, modern identity systems. As Matter-ID, we understand the importance of digital identity protection. Our quantum-resilient technology ensures that all online transactions, from e-signatures to purchases, are safe and secure. With biometric-based identity solutions, like the one Panama is adopting, digital identity security is evolving rapidly. Read more: https://lnkd.in/eWUi_UTU

Since yesterday the EU Digital Identity Regulation is in force, a big step in personal data security for all EU citizens. Read more about its benefits and practical applications, and how we as Bold Practical Innovators can assist you in implementing the regulation. https://lnkd.in/eawvGyFv

The EU Digital Identity Wallet aims to give EU citizens, residents, and businesses control over their personal data, enabling secure access to digital services across Europe. Users can store and manage digital documents, authenticate themselves online, and electronically sign documents. Privacy is prioritized, allowing users to decide when and with whom their data is shared. The wallet supports seamless interactions like opening bank accounts, enrolling in universities abroad, or applying for jobs, while promoting GDPR compliance and cybersecurity standards. The initiative, governed by the Digital Identity Regulation since May 2024, facilitates cross-border service access and digital transformation across public and private sectors in the EU. https://lnkd.in/ec4HngQs

INTERNATIONAL NEWS: OIX calls on new UK government to accelerate digital ID rollout 🇬🇧 The OIX - Open Identity Exchange has urged the UK government to develop a comprehensive digital wallet strategy, clarify how digital IDs will be used across both the public and private sectors, and take a leading role in ensuring these IDs work internationally. In a letter to Secretary of State Peter Kyle, OIX emphasized that while the Digital Identity and Attributes Trust Framework (DIATF) is a good start, it needs rapid evolution. OIX highlighted that digital IDs could significantly boost the UK economy and efficiency in various sectors, advocating for digital versions of common identification like driver’s licenses and passports, and for the private sector to be involved in issuing these credentials. The organization also stressed the importance of interoperability with the EU's digital identity systems to enhance global trade and influence. h/t Biometric Update #digitalID #digitalwallet #interoperability https://lnkd.in/gmTceJRU

Biometric Update has shared news that the Trust Framework Authority – New Zealand’s digital identity regulator – is now live. Trust frameworks are key here, with the Authority: 1) enabling digital identity service providers to become accredited; 2) ensuring accredited providers consistently meet the laws, rules and regulations of the trust framework; 3) assessing and investigating complaints about accredited providers or services; and 4) managing the accreditation mark for the framework #digitalID #trustframeworks https://loom.ly/RRSrffA

Market research firm, Gartner, is confident that the popularity of Identity Wallets will keep rising. These technologies allow individuals and systems to selectively exchange information or demonstrate authorisation while still preserving privacy. The EUDI wallet is designed to keep users in the driver's seat when it comes to data. You get to decide what you share with online services, which is a big win for privacy - and since it's going be accepted by both public and some private services, ensuring widespread adoption and fostering trust among users is essential. From a business perspective, the EUDI wallet presents significant opportunities for streamlining processes and enhancing security in the digital economy. By providing a centralised, secure means of identification, businesses can better serve their customers while mitigating risks associated with identity fraud and data breaches. Overall, while the EUDI wallet represents a significant step forward in digital identity management, its success hinges on effective implementation, strong security measures, and ongoing commitment to protecting user privacy. So, what do you think? Are these wallets the solution to one centralised digital identity? Read more here: https://bit.ly/3vGEpWr #Research #Technology #Security #Privacy #Data