The European Union is working on a new digital identification standard to give citizens of all 27 countries access to public and private services with a single online ID.
L’app of the European Union would be accessible via biometric scans, such as facial or fingerprint recognition on iPhones, and would allow users to securely store payment information, such as debit and credit cards, and official documents such as passports and driver’s licenses. According to Financial Times, the use of the digital wallet it will not be mandatory at the time of introduction. However, those who choose to use it would benefit from additional levels of convenience and security.
In order to avoid any cross-transfer of sensitive data, EU officials will apply structural separation designed to prevent companies from accessing user data. This solution would prohibit using a user’s data for marketing purposes.
Currently, EU officials are finalizing the guidelines and standards for the launch of the digital wallet, which barring any hitches should be available by the first half of 2022. The app and related digital wallets would be manageable directly from the iPhone.