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The presentation to be made by Stéphane Mouy (SGM Consulting - France) and Michael Adams (Quali-Sign - UK) will focus on the forthcoming eIDAS 2.0 digital identity wallets (DIWs) and the payment use case. DIWs will allow users to share high LoA identity and status credentials to various relying parties, including financial institutions, as well as meet applicable strong customer authentication requirements for payments.
The payment use case is of critical importance to eIDAS 2.0 digital identity wallets and promises to be transformational for EU payment service providers as it offers a level-playing field for payment means, whether account-to-account or card based. DIWs are also likely to play a key role for the deployment of CBDCs supporting offline interactions with embedded AML/CFT verifications.
The presentation will draw on the work of the eWallet Network presented in the Developing a digital identity solution for use by the financial sector based around eIDAS trust services report published by the EU commission in October 2021 and authored by Stéphane Mouy. It will include a live presentation of an eIDAS 2.0/ISO 23220-1 digital identity wallet offering online/offline connectivity that can be used in a variety of contexts, including for payment authorisation purposes.
The session should be of interest to anyone interested in eIDAS 2.0 developments for digital identities as well as its regulatory implications for the financial sector but also to digital payment experts. A specific focus will be made on the offline connectivity requirement for DIWs that has clear technology implications.
In talking about a "Post Platform Digital Future", it is all about a Vision, or better: mission to not let the current platform dominance grow any further and create the foundations for a pluralistic digital society & business world where size would not be the only thing that matters. To get there, we need open Standards, Protocols and Alliances that help individuals, as well as businesses of any size, to participate in a digital future inside the metaverse and beyond - just like trade unions helped the working class during the industrial revolution to fight for their rights. In this panel session, we will discuss about the enablers of such a different approach and the requirements to actually be successfull.
A look at how 5 of Canada’s biggest financial institutions have tackled the challenge of Privileged Access Management. Sharing similar requirements all went down paths of successful deployments of technologies to protect their clients, and workforce while providing a more efficient user experience for day to day activities. A look at the 5 common steps to success.
The world of modern urban mobility is full of - unused - opportunities. To get to their destination, people can use public transportation, take a cab or rent an e-scooter. But many options also means many providers. Anyone who uses more than one of the aforementioned forms of transportation to get from A to B will inevitably be confronted with a fragmentation of their journey. This is anything but smooth and user-friendly. A simple example makes this particularly clear: If Erika Mustermann has to go to London for a business meeting, she first takes the suburban train to the airport, then gets on a plane, and then has a cab take her to the hotel. That's three different booking processes with three different mobility providers. Decentralized technologies, on the other hand, enable a new kind of efficiency and effectiveness in the back-end networking of different providers. But how can such a seamless customer journey be implemented so that both mobility service providers and customers benefit equally? Sophia Rödiger, CEO of bloXmove, is happy to tackle this challenge in a talk on IT Trans. In doing so, she explores the question of how, for example, the individual players in local public transport can cooperate with each other while remaining independent and what role blockchain technology plays in this. She also explains how providers can save resources through the decentralized concept while gaining more customers. In addition, she puts a special focus on how the cooperation between the public and private sectors can be changed by the approach in the long term.
"The Right to be Forgotten" presents a conundrum to builders of blockchain solutions, because the focus of most blockchains is to create an indelible, permanent record. This makes "The Right to be Forgotten" appear irreconcilable with blockchains. I will present a solution to "The Right to be Forgotten" that can be applied to most every blockchain, subject to governance approval by the stakeholders. The solution does not violate the integrity of the blockchain record.