On November 11th local time, the European Commission adopted the Core Functionality and Authentication Rules for European Digital Identity (eID) Wallets under the European Digital Identity Framework, a key step for member states to build and launch their own national wallets by the end of 28.
The four implementing regulations establish uniform standards, specifications and procedures for the technical functionality of wallets, including the data formats required for cross-border use of digital documents and measures to ensure the reliability and security of wallets. Setting uniform standards and specifications allows each member state to develop wallets in a way that is interoperable and acceptable across the EU while protecting personal data and privacy. Data is stored locally on the wallet, users have control over the information they share, and there is no tracking or profiling in the wallet design. It also incorporates a privacy dashboard, ensuring full transparency on how and to whom information from the wallet is shared.
The fifth implementing rule lays out specifications and procedures for establishing a robust framework for the authentication of eID wallets, ensuring the security of the wallets and the protection of users' privacy and personal data.
The European Digital Identity Wallet will enable private users and businesses to prove their identity in a universal, reliable and secure way when accessing public and private services across borders. Examples of uses for the digital wallet include opening a bank account, proving age, renewing medical prescriptions, renting a car or viewing airline tickets.
The implementing regulation will be published in the Official Journal of the European Union at a later date and will come into force 20 days later.
(source) https://ec.europa.eu/commission/presscorner/detail/en/mex_24_6122