The light has been seen in the EU — and that matters for industry and trade finance globally

It is not only a question of getting the organisation wallets rolled out - to get a cricitacal mass of verifiable credentials issued to and received from citizens and enterprises.

Buried in the Commission’s staff working document for the EUBW proposal is this line that should make every builder, bank, policymaker and automation geek sit up straight:

“Industry considers that compatibility with global identifiers (e.g. LEI), standardised interoperable data formats and internationally recognised credentials will be essential… The wallet should also support machine-readable, semantically aligned data to enable automation, analytics and cross-system integration.”

Read that again. That’s not a small hint — that’s the Commission spelling out what the Real Time Economy needs:
global identifiers, interoperable formats, machine-readable data, semantic alignment, automation.

In plain language:
✔ JSON-LD
✔ Linked data
✔ Semantic alignment
✔ Interoperability with the world
✔ Automation-ready credentials 

And the keys to AI-agentics and quantum risk managent.

And yes — this puts WeBuild and the semantics work right at the centre of Europe’s digital competitiveness.

If Europe wants industry to win, then wallets must speak the same machine language the rest of the world is moving toward. No more bespoke silos. No more non-semantic payloads. No more “Europe-only dialects” in a global data economy.

Industry is the breadwinner of Europe — and Brussels is finally saying it out loud.