The German government is developing a digital wallet in which the country’s citizens can store their national identity card and official documents, according to NFCW.
The move follows the EU’s earlier mandate that all member states need to introduce a standardised European digital identity wallet (EUDI) enabling EU nationals to verify their identity across the EU27 countries.
Germany’s EUDI wallet will enable citizens to store their ID card digitally on a smartphone app similarly to how they securely carry their bank card or travel tickets. It will allow them to prove their identity or age and sign with a qualified electronic signature.
This is the first stage of Germany’s EUDI, which is scheduled to be introduced “by 2027”, the country’s Federal Ministry of the Interior and Community (BMI) says. Further applications for the state-run EUDI will be added at a later date.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
