A digital wallet for all citizens of the European Union – EconomyMatin

The EU will provide a digital wallet to all of its citizens. The goal is to allow them to store sensitive data securely.

Digital portfolio: a desire for administrative simplification

In the interests of administrative simplification, the European Union is about to present a brand new digital wallet. According to information from Financial Times, the announcement is expected to be made on Wednesday, June 2, 2021. This digital wallet aims to simplify the storage of sensitive data by EU citizens.

Among the documents that can be stored in the EU digital wallet, official documents such as driving licenses, national identity documents, but also payment data and passwords. This wallet will also provide access to several private and public online services via a unique identifier.

A digital wallet protecting personal data

Very attached to the protection and confidentiality of personal data, the European Union undertakes not to use for marketing and other commercial activities, the data collected in digital portfolios. At the security level, users will be able to access the wallet application through a palm or retinal scanner. For the moment, nothing is official but the Financial Times estimates that the project should see the light of day within a year.

Pending the establishment of this digital wallet, the European Union will soon launch its health pass, which will allow travel despite the pandemic. Entitled “digital Covid certificate », This health pass will take the form of a digital or paper QR code. To be valid, the pass must contain one of these three documents: a vaccination certificate, a certificate of recovery, or a negative test.