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FintechThere should be no doubt

There should be no doubt


Every organisation (enterprises, states, municipalities, 3rd sector) should asap deploy the now available simple EUDI-compatible applications for sending and receiving verified data (credentials) between each others, employees, citizens at large and many
things.

Why? Productivity leap (McKinsey: 3-6% GDPgrowth – EU commission slightly less), service leap (do not serve customers – serve their life events), risk management leap, privacy leap, single market leap, ethical AI leap – to mention a few. 

How? The states must see to it – as enterprises cannot get this done on their own. This means that the public sector must start promising now and sending asap all sorts of credientials for their own part – and thus open the eyes in homes and businesses.
Demand does not create supply – it is the other way around. Banks should – as traditional identification credential providers see the good for society at large. Make the choice to be at the table – not on the menu.

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