Increasingly, we are living in a digitally connected world. The global pandemic has had an incredible impact on fast-tracking organizations into digital transformation.Digitalization has gained enormous momentum, largely out of necessity, causing technology transformations years ahead of predicted schedules. Organizations and individuals, during the pandemic, were forced into navigating a remote working environment and it’s… Read more
Trust lies at the foundation of all commercial and administrative transactions, which for centuries have relied upon the handwritten signature for authentication. As transactions are digitalized, the signatures that provide trust in them must also become electronic. The lack of trusted and legally recognized means of authenticating electronic transactions has forced a continued reliance on… Read more
On 16 September 2024, high-level officials of the European Union and United States met to review how work has progressed under the EU-US Trade and Technology Council (TTC) since the ministerial meeting of April 2024 in Leuven, Belgium. The two sides took stock of the progress on joint work under way in various TTC working… Read more
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 the digital payment ecosystem supports… 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 services throughoutthe entire EU bloc.… 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
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 covering trade in goods and… Read more
Bhutan NDI officially launched in 2023 and introduced Self-Sovereign Identity as a foundational element underpinning a national digital trust ecosystem which connects the government, individuals, and the private sector in their digital interactions. Bhutan NDI and the Trust Over IP Foundation launched the case study on Bhutan NDI’s Digital Trust Ecosystem at the Mobile Ecosystem… Read more
Within international trade, transferable documents allow to request delivery of goods and payment based on possession of the document. Yet, it has been difficult to reproduce the notion of possession, which has to do with control over tangible goods, in an electronic environment. In order to address that situation, the adoption in 2017 by the… Read more
Identity is everything. It is key to the inner workings of our societies, governments and economies. Without it, we can only have the narrowest of realities: one without legal agreements, banking services, or even getting paid. Identity is the key to trust, and trust, really, is everything. In our digital world, where software is eating… Read more