PwC Italy and SKChain Advisors are developing a groundbreaking EU digital identity product. This initiative, built on World Mobile Chain, a layer-3 network on Coinbase’s Ethereum layer-2 Base, will enable 90% of EU citizens to securely access digital platforms. The product utilizes self-sovereign identity (SSI) technology, which is decentralized and gives users full control over their data. Blockchain technology ensures that users’ data is distributed and stored securely, eliminating the need for centralized identity providers. The development aligns with the EU’s digital identity regulation eiDAS 2.0 and the European Digital Identity (EUDI) wallet, aiming to establish a comprehensive EU-wide digital identity framework for services and electronic transactions.
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