EU approves digital wallet

More than two years ago, in the summer of 2021, it emerged that the European Union was planning to create a common digital wallet. Now it has become clear that the project is moving forward this week It has been approved by both the European Parliament and the Council of the European Union About the digital wallet that will be shared by all EU citizens.

The design is similar to previous proposals, and like the previous proposals, it has a mobile app for storing sensitive documents, identity documents, driver’s licenses, payment card information, and the like. You must also identify yourself on the authority’s websites and make payments.

The decision is a big step towards the EU’s goal of providing all EU citizens with the opportunity to use a secure digital identification solution by 2020. The EU’s digital identity wallet gives citizens control over their data and increases security in interactions with online services. It strengthens Europe’s technological sovereignty and helps us deal with today’s and future challenges regarding digitalization – Thierry Breton, EU Commissioner

What’s new is that the European Union suggests that the digital ID document should also work with other platforms. Using existing provisions in the DMA’s legal package, which regulates online giants, the EU could force large platforms to integrate support for the wallet.

This means that everything from Facebook, Instagram and Amazon must allow users to authenticate themselves and log in using the EU’s digital option. The EU also points to the Google Play Store and Apple App Store as well as Google Youtube and Google Maps as platforms that may have to accept the same method.

Before the proposal is drafted, it must obtain formal approvals from the European Union Parliament, among other things. Once approved and published, member states have 24 months to implement it to the extent they can provide the service. The development itself has been ongoing for some time and includes, among other things Four pilot projects on a larger scalewhich began as early as April 2023.