Digital wallets are a new form of payment technology that provides a secure and convenient way of making contactless payments through smart devices. In this paper, we study the security of financial transactions made through digital wallets, focusing on the authentication, authorization, and access control security functions. We find that… Read more
The world has changed considerably in the past five years – a global pandemic, growing security challenges and geopolitical tensions, and the accelerated rate of technological change have altered the EU’s economic, social, and political landscape since 2019. Over the next five years digital innovation will continue accelerating, creating new… Read more
Australian Government undertaking a public consultation to advise on options for implementing legislation aligned with the Model Law on Electronic Transferable Records (MLETR). The MLETR is a model law developed by the UN Commission on International Trade Law (UNCITRAL). It contains a set of provisions which, if adopted into domestic… Read more
The UK – Southeast Asia Trade Digitalisation Pilots (TDP) is a public-private funded project that has facilitated digitalised shipments between the UK, Singapore, and Thailand. The UK government appointed the British Chamber of Commerce Singapore, with support and co-funding from industry partner LogChain, to deliver the project. The TDP builds… Read more
The Cloud Signature Consortium welcomes changes to the eIDASRegulation that pave the way for a new and ambitious European digitalidentity framework. At its core is the European digital identity wallet.This will provide EU citizens and residents with a secure and convenient formof digital identification to access public and private sector… Read more
Together, they experiment with EBSI to make information easy to verify and almost impossible to fake. This for better mobility of our citizens, better quality of our products, and better economic development of our enterprises. Source: EBSI, European Commission Read more
This week, the U.S. Department of Homeland Security (DHS), the United Kingdom (U.K.)’s Department for Business and Trade of the United Kingdom of Great Britain and Northern Ireland, and Australia’s Department of Industry, Science, and Resources established the United States-United Kingdom-Australia Supply Chain Resilience Cooperation Group to enhance efforts to… Read more
The African Continental Free Trade Area (AfCFTA) is flagship project of the African Union’s Agenda 2063, a blueprint for attaining inclusive and sustainable development across the continent over the next 50 years. It aims to boost intra-African trade by providing a comprehensive and mutually beneficial trade agreement among the State Parties… Read more
The Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC) is on a mission to digitalise global trade by addressing some of the biggest challenges facing governments, businesses and people today. Among the four challenges1we have identified, perhaps the steepest one is around standards for interoperability. With hundreds… Read more
With trade in goods valued at £1.7 trillion and services valued at £896 billion, trade matters to the economy. The UK has a unique opportunity to drive economic growth and improve productivity, by digitalising international trade, reducing bureaucracy, and leveraging the Electronic Trade Documents Act 2023 (ETDA). As the first… Read more