Interesting read ://lnkd.in/d2XJFWt4 from the Tony Blair Institute.
In the Nordics state issued documents that you use for opening a bank account and thus getting e-banking log-in codes led to e-Identification services by banks from 1992 onwards in Finland. All services – public and private – that need strong identification
– can be accessed with BankID. And it can also be used for signing contracts with the banks and between customers.
The state issued identification document has thus been seen as a natural simplifying enabler for banks to act as trusted service providers for interconnecting customers with identification.
Quite a natural and traditional task for banking since ancient days. The same applies to e-invoicing – traditionally a part of cash against documents in trade finance.
State issued identification credentials to and from general-purpose EUDIWs and organisation wallets (EUBWs) will soon be an additional and digital way to identify yourself and your organisation.
These will work across EU and are obviously one important step towards the next level of the Single Market.
A real pity that UK is not taking part in the creation of this step. But of course the target should be that identity building wallets should be interoperable across all borders.
But identification is just one credential – telling who you are. With a long range of other credentials -
issued by trusted actors also in the private sector – the other parts of identity -
what you are and on whose behalf you are empowered to act will be possible. All this needed also when employing organisational and personal
AI-agents.
I would have stressed this in the report and that the starting point should be a life or business event. See to it that service providers identify the verifiable credentials the citizens needs there and that the citizens
can get them to her/his wallet application and be free to choose which service provider can use the data for a specified purpose when passed on to their organisation wallet.
It goes without saying that the creating the credential streams must all be a public-private effort with business cases for all parties. Just like BankID has been in the Nordics.
