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If you don't know where you are going, any road will do..

So where are we going?

Do we realize that we nead leaps in productivty, in service capability, in security, in privacy, in Single Market progress and in serious lowering of costs in the public sectors?  Then all countries and EU should make the strongest possible public-private efforts to get the Trust Infrastructure in place - supported by global open standardisation efforts (ToIP, SSI, OWF and EWC in Europe).

In very practical terms we are going towards this:

1. All organisations (especially in the public sector right now) should take already available defacto EUDI-compliant agents in use to be able to send and receive verified data - credentials to/from each others, employees and consumers.

Important to realise that organisation will be both issuers (sending),  holders (asking for and passing on)  and verifiers (service providers) or credentials. Only fair to ask counterparts to send and receive in the same way. 

2. All organisations (especially in the public sector) should tell their counterparts that they will start sending credentials to wallets in a near future - to open the eys and create demand. 

3. The start sending the most straightforward ones  - soonest with the help of Findy.fi and IDunion like networks supporting

All citizens and organisations will not need all all the 100ds of credentials all the time. But most will need most from time to time. Therefore it is of vital importance that the user experience with seldom needed credentials is the same as with all other. Economy of repetition, economy of reuse, economy of trust, economy of scope - some levers...

Sure you all agree..

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Comments: (2)

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune 14 March, 2024, 10:21Be the first to give this comment the thumbs up 0 likes

LOL I never thought I'd see a line out of Lewis Carroll in the title of a blog post on finance!

Bo Harald
Bo Harald - Transmeri, Demos, Real Time Economy Program,MyData - Helsinki Region 14 March, 2024, 11:371 like 1 like

I assume that you agree with the importance of both having a shared mission - and the importance of Trust over IP, Self-sovereign Identity and the work in Open Wallet Foundation.

Bo Harald

Bo Harald

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Transmeri, Demos, Real Time Economy Program,MyData

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.


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