The European Digital Identity (EUDI) Wallet project aims to provide each EU resident with a digital wallet by 2026. However, security experts warn that the project may fall short of privacy requirements. The EUDI Wallet’s security concept is based on certification, which raises concerns about potential biases.
Cryptographers have proposed an alternative cryptographic mechanism called anonymous credentials to address the project’s security concerns. Companies are moving forward with digital ID projects. The competition aims to develop a secure and interoperable digital identity wallet. The project’s outcome will be crucial in determining the future of digital identity in the EU.
