The European Digital Identity Wallet (EUDI) is an initiative designed to drive significant changes in Europe’s digital landscape. It was designed with the intention to improve digital identity and security across Europe.
Furthermore, the EUDI wallet promises to provide a safe, reliable, and private means of digital identification for everyone in Europe. With the wallet, users can easily prove who they are, safely store, share, and sign important digital documents.
Objectives of the European Digital Identity Wallet
Its main objectives include the following.
- Ensuring personal data sovereignty for all users
- Strengthening cross-border interaction within the European Union
- Enhancing digital services for both public and private sectors
- Reducing bureaucratic inefficiencies
Availability of the European Digital Identity Wallet
Although, several countries have already initiated the rollout, all EU member states are expected to provide EUDI Wallets to their citizens, residents and organizations by the end of 2026.
Initially, the EUDI Wallet will include government-issued credentials, such as personal ID, address, family relationships, driving license and more. However, the EUDI Wallet can also hold certificates from private bodies, including financial data, insurance records, professional qualifications, travel documents and more.
This comprehensive digital identity ecosystem will be decentralized, with the user retaining complete control over their data. It will simplify business processes while maintaining high levels of security.
Functions of the EUDI Wallet
Its main functions are as follows.
- Identification and Authentication
- Electronic signatures
- Exchanging user attributes without compromising privacy
You can read more about the digital ID and personal digital wallet for EU citizens, residents and businesses
