Preparing for any regulatory shift can be daunting. So we’re here to help by demystifying the EU’s new digital identity program with thorough guides, use case examples, and how to prepare for streamlined onboarding and simple compliance.
The goal of the regulation is to simplify and make more secure the way we all digitally talk to each other. By creating a system where every business and customer has a single secure and verifiable identity, we can build confidence that everyone is who they claim to be. This allows for seamless and instant onboarding, the security of legally binding documents, and the simplicity of never having to guess where a digital asset or credential is.
As the regulation rolls out in the coming months and years, our digital lives will all change for the better. We’ve built some useful resources for you to go fully in-depth on all the details on implementation, use cases, and technology, or simple overviews of how businesses are getting ready to apply eIDAS principles to their unique needs.
Keep updated on the latest developments in eIDAS 2.0 and identity technology
You’ll have one secure identity for creating, accessing, and managing your accounts, as well as storing your banking and debit information
You won’t have to manage a million accounts with different sign-on passwords and authenticators, everything will be shared through this single identity
Banking and financial service accounts will all be linked to the single, state-assigned ID for each customer, making for simple and instant identity verification and prevents fraud, while making the audit process quick and easy
Identity theft is one of the main drivers of fraud. By making it virtually impossible to create multiple accounts from a single identity, the possibility of fraud is significantly reduced, and regulatory compliance is guaranteed
Your banking and payment information will be linked to a single identity recognized across the EU, eliminating the need to create multiple accounts
You won’t have to create accounts and input your payment information for every new website, making payment quick and easy, and protecting against data breaches
Where you are within the EU, you will be able to retrieve your prescriptions, and if you need emergency medical care, your medical history will be instantly available to ensure the best possible care
Every hospital currently has its own system for patient record keeping, and this can make the sharing of critical information from one country to another very labour intensive and slow
Truvity is designed to be compatible with a wide range of different protocols and standards, depending on your business needs. Among the options for credentials and exchange requests services is OpenID4VP, allowing full compatibility with eIDAS 2.0 and the EU Digital Identity Wallet.
Our easy-to-deploy API and minimal codebase is designed to make compliance accessible to all levels of developers. Through robust architecture development, supported by extensive documentation, the ease of implementation is our priority.
Truvity's proprietary use of graph database technology built within and hosted by S3’s DynamoDB enables the development of a complete digital identity for individuals or corporate vehicles with the highest degrees of complexity in ownership structures.
Build encrypted DID connections based on W3C standards which meet all regulatory demands, from GDPR to upcoming eIDAS 2.0 standards. Issue credentials securely and privately with the ability to be instantly verified.
The Digital Clean Room concept emphasizes enhanced security and compliance by creating a secured environment where data integrity is paramount. It ensures data is stored with the highest protection levels, meeting stringent security standards and regulatory compliance
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