eIDAS 2 and the EUDI Wallet: A new era for digital identification in Europe

Yesterday, the European Parliament voted to approve the eIDAS 2 Regulation. This new regulation will introduce the EUDI Wallet, an innovation set to simplify the process for Europeans to identify themselves across the EU.

What is the EUDI Wallet?

The EUDI Wallet, or the European Union Digital Identity Wallet, is a personal digital wallet that will be available to all EU citizens, residents, and businesses who wish to identify themselves or provide confirmation of certain personal information. It can be used for both online and offline, public and private services across the EU.

The EUDI Wallet will give full control to users to choose which aspects of their identity, data, and certificates they share with third parties, and keep track of such sharing. It will be operated via digital wallets available on mobile phone apps and other devices to identify online and offline, store and exchange information provided by governments and trusted private sources, and use the information as confirmation of the right to reside, to work, or to study in a certain Member State.

Benefits of the EUDI Wallet

The EUDI Wallet represents a major step forward in digital identification and will significantly impact how we interact with digital services. By making it easier for Europeans to identify themselves across the EU, the EUDI Wallet will help create a more cohesive and integrated digital market in Europe.

Some of the key benefits of the EUDI Wallet include:

1. Simpler and more secure trade: The EUDI Wallet will facilitate trade between parties in different member states by providing a secure and reliable means of identification. This will make cross-border transactions smoother and more efficient.
2. Making life easier for EU students: The EUDI Wallet will be a boon for students studying in other EU countries. It will provide them with a simple and secure way to identify themselves, access services, and manage their affairs while studying abroad.
3. Securely signing documents while fulfilling AML/KYC requirements: The EUDI Wallet will make it easier to securely sign documents while fulfilling Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. This will streamline the process of signing documents and ensure compliance with these important regulations.

Scrive is looking forward to the EUDI Wallet becoming a reality in 2026 and we are committed to supporting this development, integrating the EUDI Wallet into our services and enhancing our customers’ user experience in the process.

Stay tuned for more information on how Scrive will support the EUDI Wallet and how it will make our services simpler to use than ever before. 

We look forward to navigating this exciting future together with you. 

Read more about EUDI Wallet here