It is better to build from the ground up. Actually the only way...

If you have followed the input from AI-experts on LinkedIN and asked AI itself - you will have noticed that there is already a consensus that identity-building verifiable credentials to and from IDwallets are a precondition for successful AI-agentic employment and empowerment.

The most important statement now came from the coalition agreement in Germany:  

 "At its core is a secure hashtag#digital hashtag#identity for hashtag#companies, from which we can derive trusted identities for systems and AI agents.”

So full focus on taking organisation wallets in use.  How else can we get a critical mass of credentials to citizens - at work and at home?

And thus - even before the thus enabled AI-agentic stage - get the estimated 3% GDP growth from better productivity, security,risk management, fraud near-elimination etc. In Germany the net cost savings in procurement processes only in enterprises with more than 2m€ is estimated to amount to 84,7 bn€/year..  See this as the way forward for the Single Market.. Full picture here: https://www.finextra.com/blogposting/28076/can-the-business-cases-really-be-that-elusive

And then (but only then) double up GDP-growth with safe and speedy AI-adoption.

More from Germany here:

https://www.linkedin.com/posts/bo-harald-4768b51_modernization-digital-identity-activity-7325135393538904065-u4FW?utm_source=share&utm_medium=member_desktop&rcm=ACoAAABPj1oB9_D7YNYACmHvY9HioUqpuULqZCo

High time for the banks - as traditional trust suppliers - to deploy organisation wallets and help all organisation customers to take the step - before employing AI-agents. It makes no sense to wait for EU making it mandatory. Actually it is about missing opportunities.  To be on the menu instead of being at the table.