433 Results
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
The Trust Infrastructure's Identity wallets (many already EUDI-interoperable) are the only practicable, secure and economical way to bring the sets of verified data (credentials) needed for servicing life events - but also to build the digital twins of organisations, people (with their 100% control), things (product passports important credentials...
6 hours /retail /identity Innovation in Financial Services
Home- and SME-business e-banking was introduced in Finland in the early 80s. It became a success first because of bill payments and as employees were allowed to use workplace computers for personal banking (modems for home PCs were not that common first). Share trading and other bank services were added soon after. Interconnecting customers with e...
11 September 2024 /regulation /identity Innovation in Financial Services
The European Union has now almost completed a massive legislation effort to promote the data driven economy. There should be no question that this common Trust Infrastructure is much needed in all countries and a new opportunity to take a decisive step towards a much more on a daily level concrete Single Market. It is no secret that Europe need...
01 September 2024 /retail /identity Innovation in Financial Services
The European Union has - as most of us know - made a massiv effort for the Trust infrastructure needed for the data driven economy. Small wonder when it has been understood how enormous the benefits will be for productivity, security, services to citizens and enterprises, privacy, ethical AI and the Single Market. But - now as we should realise ...
21 August 2024 /retail /identity Innovation in Financial Services
Trust over IP started off to put users in charge of their data but much also because it was estimated that cyber crime annual damages was exceeding 6 trillion USD. With SSI and wallets for all verified data for all parties the risks and damages can be minimized. Much work is going on also in EU to improve cyber security - now especially in the fac...
18 July 2024 /payments /identity Innovation in Financial Services
Data - and lately especially verified data - has for many years been a top priority in national and EU priorities. What the EU Trust Infrastructure's already de-facto EUDI-interoperable wallets mean in terms of benefits for all parties (with small investments) should be properly evaluated in all member state digital strategies - and then lead to c...
18 July 2024 /regulation /identity Innovation in Financial Services
Why? Because too many still think that the wallets will be used only or mainly to identify citizens. When they in fact will serve life events not only for citizens - but also for organizations and things - with all sorts of verified data - building the identity - all the way to a digital twin (if so chosen). The state issued identification credent...
28 June 2024
Proposal to the EWC consortium (the large scale EU pilot led by Sweden and Finland). As: 1. EWC is focusing on the all-important organisation wallet (general purpose and interoperable for states, municipalities, enterprises and 3rd sector organisations). 2. All credential exchange (credentials also needed for exchange of mass data in Data spaces,...
18 June 2024 /regulation /identity Innovation in Financial Services
- no one will be interested in that online bank (early 1980s > half a million customers were using it in Finland when Internet came) - one-time passwords are far too difficult to use (served well until replaced mostly by face) - the identification service does not belong to banks (it has been heard from the times of Venice). Adopted first for i
13 June 2024 /retail /identity Innovation in Financial Services
The planned MyData conference in Helsinki in May/June 2025 should carry the name Credential Fest. There first of all central and local governments should be given the opportunity to list all credentials they issue to already now already citizen and organisation wallets. Followed by lists of forthcoming ones and how they themselves use organisation...
11 June 2024 /retail /identity Innovation in Financial Services
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