According to Dr. Jonas Gross, CEO of Hakata, zero-knowledge proofs (ZKPs) could be the key to enhancing privacy and security in the EU's groundbreaking digital identity and wallet regulation.
A new digital identity regulation has come into effect in the European Union (EU), requiring member states to provide at least one EU digital identity wallet to all citizens and residents.
On May 21, the EU updated its European Digital Identity (EUDI) regulation, which was initially released in February 2023, and stated that it must be fully implemented by 2026.
It is set to transform the way European citizens live and work, with the digital ID wallet to be used for electronically signing and storing documents; from university diplomas to train tickets.
