Community
Very good work by https://www.linkedin.com/company/go-eidas-ev/posts/?feedView=all. Emphasis mine and my comments at +++.Go-EIDAS invites you to expand further. “Within the recent launch of the Competitiveness Compass for the EU the European Commission announced its plan to augment the existing legislation around digital identity and trust, as laid down in the eIDAS-regulation (EU) No 910/2014 for example, by introducing the European Business Wallet (EUBW), which is envisioned to complement +++rather say only way to get a critical mass of credentials streams to motivate taking wallets in use in the first place. And that organisation wallets are available from the markets and are easy to take in use+++
initiatives around the European Digital Identity Wallet (EUDIW) and become the cornerstone of doing business simply and digitally in the EU, providing a seamless environment for companies to interact with all public administrations. +++ and with wallets deployed by other enterprises as suppliers/customers/partners and with citizens as employees and customers – and their wallet-carrying AI-agents+++
EU Business Wallet System Architecture As outlined in the following figure and explained in a first discussion paper, the EU Business Wallet is embedded in a system architecture, with an overarching Trust Framework defined by the eIDAS-regulation (EU) No 910/2014 and optionally additional Verifiable Data Registries as defined in pertinent standards created by W3C. The EU Business Wallet is interacting:
1. with European Digital Identity Wallets (EUDIWs) for Business-to-Consumer (B2C) processes, 2. with EU Government Wallets (EUGW) for Business-to-Government (B2G) processes, 3. with other EU Business Wallets in Business-to-Business (B2B) processes, 4. with embedded devices and machines in Business-to-Machine (B2M) processes, 5. with employees in Business-to-Employee (B2E) processes and 6. it is integrated with existing services and data repositories. 7. The EU Business Wallet is envisioned to play an important role within Dataspaces, which are emerging within different domains and hence it has a Data Plane and a Control Plane in which there may be a variety of different protocols.
8. Furthermore, the EU Business Wallet has a Trust Plane, which interacts with the different providers, repositories and catalogues within the Trust Framework.
Use Cases for the EU Business Wallet The EUBW is expected to complement the EUDIW in order to support +++would rather say enable+++ a large variety of use cases as outlined in the following. +++ Issuing legislation-based credentials is straightforward. For other wider collections of credentials, it may be necessary to create theme-specific ecosystems. For that creation of generic templates for governance, rules and ecosystem membership.+++
The Core Functionality of the EUBW comprises:
Identification Authentication Authorization Creation and Validation of Electronic Signatures and Seals Requesting, Storing, Issuing, Presenting and Validating Electronic Attestations Preserving and Archiving of Electronic Signatures, Seals, Time Stamps, Electronic Attestations and Documents Cross-Sector Use Cases of the EUBW: Establishment of a Company European Company Certificate Power of Attorney and Mandates Public Permits and Licences Onboarding of Business Partners and Master Data Management Electronic Invoicing Electronic Contracts Reporting of non-financial and diversity information
+++Receiving verifiable job applications and updating verifiable CVs+++
1. Use Cases related to Finance Strong Customer Authentication +++starting from banks issuing IBAN-credentials+++ Identification of Payment Service Providers Identification and verification of the Identity of customers and beneficial owners Identification, authentication and business processes with agents SEPA Direct Debit Mandates Attestation of Financial Data and Statements Financial Data Access Use Cases related to Industry +++ starting from financing of verifiable e-orders - reverse factoring+++ 2. Data Exchange and Dataspaces
Digital Product Passport Digital Twins and Industrial Asset Management Supply Chain Management and Trade Transparency Registration in the European Product Registry for Energy Labelling Fulfilling the obligations of the Data Act Secure Processing Environments according to the Data Governance Act Reporting of Environmental Data from Industrial Installations Attestations for Accreditation, Certificates and Conformity Assessment 3 Use Cases related to Logistics Electronic Freight Transport Information Electronic Consignment Notes (eCMR) Reporting within the European Maritime Single Window Environment Reporting of Carbon Dioxide Emmissions from Maritime Transport 4. Use Cases related to Mobility, Travel and Tourism Electronic Travel Documents Electronic Transportation Tickets Mobile Driver's License Registration of Motor Vehicles Roadworthiness Certificates Attestations for Aviation Security Data collection and sharing relating to short-term accommodation rental services 5. Use Cases related to Health Health Data Access and Exchange within the European Health Data Space Organ Donor Card Reporting of suspected incidents related to Medical Devices Use Cases within national and regional electronic health systems 6. Use Cases related to Government Life events supported by the Single Digital Gateway Use Cases within national and regional Electronic Government Initiatives Uses Cases related to democratic processes and electronic voting 7. Use Cases related to Education Application for Admission to Educational Institutions Application and Approval of Educational Grants and Loans Attestations of Learning Achievements, Studies, School Certificates and University Diplomas Attestations of Professional Qualifications, Titles and Licences 8. Use Cases related to Social Security Registering of Employer or Employees within the Social Security System Application for Health Insurance Membership Application for and Approval of Health Related Services Attestation of Social Security Insurance Status European Health Insurance Card 9. Use Cases related to Justice Judical Cooperation and Cross-Border Access to Justice e-CODEX system Proceedings related to the Digital Markets Act”
You are invited to supply more usecases and of course comment also directly to go-EIDAS
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Naina Rajgopalan Content Head at Freo
01 October
Carlo R.W. De Meijer The Meyer Financial Services Advisory (MIFS) at MIFSA
30 September
Alex Malyshev CEO, Co-founder at SDK.finance, FinTech software provider
Anurag Mohapatra Director of Fraud Strategy and Marketing at NICE Actimize
26 September
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.