In early June, the European Commission revealed its plans for digital identity wallets for all citizens of the EU. These wallets allow Europeans to have a digital equivalent of official identification documents (eID) such as driving licenses, or COVID-19 vaccination details. Citizens can choose which parts of their identity they share with third parties, and monitor what is shared with whom.
This initiative can mean tremendous progress in terms of data sovereignty as it puts the control over data back in the hands of citizens and businesses, and allows them to control which data they share. To make this possible however, the private sector needs to be involved to a large extent as well as there are important concerns for privacy, security and usability.
Curious to learn more? Read more about the EC's plans for digital identity wallets.