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An impending digital revolution! ⭐️

Thea Sommerseth Myhren
October 20, 2023

The European Union's primary regulation on electronic identification is undergoing its most significant update, promising to revolutionize the entire realm of electronic verification and authentication across the EU.

#eIDAS2 is set to reshape electronic identification.

What is eIDAS 2 in a nutshell?

  • Upgrades national IDs with Verifiable Credentials.
  • Introduces interoperable consumer identity wallets.
  • Promotes identity use in commercial transactions.
  • Empowers 400 million citizens with interoperable identity wallets

What's the impact?

  • Rising demand for eIDAS-compliant digital identity verification.
  • Less reliance on physical document verification.
  • Access to broader EU markets with unified standards.
  • Streamlined regulatory compliance.
  • Enhanced trust with robust privacy measures.
  • Lead the shift to digital identity verification:
  • Offer reusable digital identity to clients.
  • Eliminate manual verification and reduce onboarding drop-offs.
  • Enhance security and privacy with portable identity credentials.
  • Reduce costs, improve the customer experience, and empower clients with government-issued digital identities.

What does this mean?

This means that we can make expensive, time-consuming, and manual issuance and verification processes disappear.

How can you do it?

Diwala's platform delivers an All-in-1, fully web-based platform that offers full interoperability for issuers, holders, and verifiers of #digitalcredentials backed by #W3C standards.

You can seamlessly issue any credential by using Diwala's API, turning a manual and painful credential and verification process into an automated winner. Holders receive their credentials in a #digitalwallet, which they can control and share. A verifier then has a trustworthy and seamless process to both request and access fraud-proof credentials with ease.

Saving your company from costs and liability.

Why should you care?

3,9 trillion dollars is lost to fraud every year.

We need to make essential information about a person and a business #fraudproof #verifiable and #interoperable