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IDnow Announces Its Participation to Build European Digital Identity Ecosystem
The IDunion network's implementation priorities include security, user-friendliness, cost-effectiveness, and privacy-compliant use of identification data. Through IDunion, IDnow has joined forces with other industry leaders to drive a shared vision of digital identities aligned with European values and rules.
FREMONT, CA: IDnow, a leading European Platform-as-a-Service provider for identity verification, announce its participation in the IDunion network, which plans to build an open ecosystem for decentralized identity management.
The IDunion network's implementation priorities include security, user-friendliness, cost-effectiveness, and privacy-compliant use of identification data. Through IDunion, IDnow has joined forces with other industry leaders to drive a shared vision of digital identities that is aligned with European values and rules.
"We are excited to play a key role in shaping the future of digital identities in Europe with our partners at IDunion and looking forward to working together on secure and economical solutions," stated Armin Bauer, Managing Director Technology and Co-Founder of IDnow. "The introduction of a digital identity solution is an important and necessary step for Europe. After the publication of the EU decision on the EU Digital Identity Wallet, we now need to think about a unified infrastructure," adds Armin Bauer.
IDnow has been collaborating with various regulatory bodies across Europe and assisting standardization working groups such as the FIDO Alliance and ETSI's Special Task Force 588 in developing new standards with its expertise since its inception.
IDnow, one of Europe's market leaders in digital identity, is developing a system to enable digital wallets. Users' data is securely saved on the user's smartphone using this technology according to data protection rules. The data is released for authentication using fingerprint or facial recognition (touch or face ID). At all times, the user has control over his or her personal data. As a certified identification service ("Registration Authority") under 24 1 d) eIDAS and one of the leading providers of eIDs, the online ID function, IDnow is well-positioned to give all people and businesses with an identity in the future within the framework of a digital identity wallet. IDnow's purpose within IDunion is to make the wallet technology compatible with the IDunion network's standards.