💡 Digital Identity Wallet Ecosystem 🔧
📱 Wallet Issuers.
From the eIDAS 2.0 perspective, wallets issuers are Members States or entities mandated by Member States or recognised by them to issue EUDIW to users, both individuals and organisations. The wallet, as an electronic identification means issued under national schemes, must attain the “high” LoA. This ensure the certainty that the individual claiming an identity is indeed the rightful owner of that identity.
Presently, the aim is to provide the EUDIW via mobile phone, downloadable from the relevant App Store. Users must activate the wallet at the “high” assurance level, incorporating their personal identification data (PID) from an existing eID scheme meeting the ‘high’ level criteria.
Activation may occur in person at designated public offices or potentially remotely with Member States defining rules to meet the requirements of the ‘High’, level, GDPR, or any other national or union law.
👨💻 Attribute Providers.
An attribute denotes a characteristic of an individual or organisation. This attribute is held under the responsibility of a public sector body or private entity which is considered to be the primary source of that information, also known as the Authentic Source. The Attribute Provider is the entity responsible for supplying electronic attestations of these attributes, enabling their presentation and authentication.
A defined minimum set of attributes enables qualified providers to electronically verify user authenticity, based on public sector authentic sources: address, date of birth, gender, civil status, family composition, nationality, citizenship, educational/professional qualifications, public permits and licenses and company data.
🙋♂️ Relying Parties.
Relying Parties, whether individuals or organisations, depend on electronic identification means, including the EUDIW, or a trust service to offer their services. To leverage the EUDIW, they must register in their respective Member State, notifying the intended data requests, usage, and reasons for each service provided.
Maintaining an interface with the EUDIW for attestation exchange is mandatory, and they are obliged to facilitate mutual authentication for attestation exchange. Relying Parties are also responsible for authenticating received attestations from the EUDIW.
Relaying Parties must maintain an interface with the EUDIW for attestation exchange and are obligated to provide attestations with mutual authentication. They are also responsible for authenticating received attestations from the EUDIW. The acceptance of the EUDIW by Relying Parties is crucial for the success of the ecosystem. The involvement of private relying parties is essential to attract more users to adopt the wallet.

#Innovation #Fintech #Banking #Ecommerce #EUDIW #FinancialServices #Payments #Loans #Insurance #KYC #Wallet #DigitalIdentity