EU Comes Up With Plans for Digital Wallet

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The European Union will unveil plans for a digital wallet on Wednesday. This is reported by the British business newspaper Financial Times.


Citizens should be able to securely access a range of corporate and government websites by logging into the yet-to-be-built app.

The app could also be used as a safe to store official documents such as a driver’s license digitally. The wallet must soon be accessible with, among other things, a fingerprint or a scan of the eye.

Brussels is in talks with the member states about the technical standards that the app must meet. In any case, the EU wants to prevent companies that have access to user data from using the wallet to promote new products, for example.

The digital wallet should be fully operational in about a year.

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