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Critical to their success isprivacyof user data.
Now in its second iteration, eIDAS is the trusted framework for implementation of the EUIDW.
The underlying standards themselves (W3C Verifiable Credentials) are evolving which present further challenges.
Some jurisdictions are already so far ahead they will likely continue their own path.
Others like the US have not yet decided on a way forward yet.
The digitalization ofidentitycredentials can bring huge security and accessibility benefits for both consumers and businesses alike.
Yet with benefits there are also several risks to be considered.
Risks of generative AI technology bring a sense of urgency to the adoption of digital identity solutions.
Firstly, bad actors will make it even more challenging for consumers and organizations, to identify attempted fraud.
For efficiency and security, organizations must adopt automated systems which include advanced liveness detection solutions.
This is crucial for it to benefit all citizens and be inclusive for all in society to confidently participate.
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