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Story summary
- The European Union plans to launch a Digital Identity Wallet by 2026 to simplify identity verification among member states.
- Users can share limited personal information, improving privacy through selective disclosure methods such as zero-knowledge proofs.
- This initiative contributes to a global digital trust revolution, impacting identity systems and cross-border interactions.
- Strong biometric authentication will be essential for the evolving digital wallet ecosystem.
- South Africa aims to adopt similar innovations, utilizing its advancements in biometric verification and digital onboarding.
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