Navigating the Intersection of the European Digital Identity Wallet and the Digital Euro
About this event
The European Parliament has recently passed the regulation on electronic identification and trust services for electronic transactions in the internal market (eIDAS) affecting that by 2027, all EU member states are required to offer their citizens a so-called "European Digital Identity Wallet" (EUIDW), which can be used for identification both online and offline across nearly all aspects of life, including payments and thus, likely also the digital euro.
The questions to be answered around the design of the EUIDW are similar to those that are discussed around the potential digital euro design. Examples range from the question around privacy and data storage to the desired adoption rate and use of the ID-wallet. In some aspects, the EUIDW’s design is currently more extensively determined as compared to the digital euro design. Privacy preservation is already decided on as a functionality for the EUIDW while the use of a pseudonym, or a Zero-Knowledge-Proof (ZkP) to verify biometric identification is part of the current discussion at EU level. The same aspects are currently heavily debated for the digital euro as well, though advanced security mechanisms such as ZkP are met with more hesitancy from the decision-making authorities.
The goal of this webinar is to discuss the topic of the digital euro in conjunction with the EUIDW and assess the current state of affairs, their conjoint risk and potential profiles, as assessed by industry leaders actively involved in these developments.
In particular, in this webinar, we focus on addressing the following questions:
What is the current status of the EUIDW? What is the actual content of the regulation?
How do privacy-preserving technologies fit into this picture?
How does the design of the EUIDW intersect with discussions surrounding the potential design of the digital euro?
Can we potentially expect the design of the EUIDW to influence the design of the digital euro?
How are concerns regarding privacy and data protection being addressed in the legislative proposals for the EUIDW and the digital euro?
How can the individual holder limit of CBDC be ensured if there is no general unique identifier in the EUIDW-Wallet ecosystem anymore?
During the webinar, you will also have the opportunity to ask direct questions to the speakers.
Panelists
Dr. Cyrus de la Rubia (Chief Economist & Head of Research, Hamburg Commercial Bank)
Dr. Johannes Sedlmeir (Postdoctoral researcher, SnT)
Dr. Matthew Niemerg (Co-Founder, Aleph Zero)
Andreas Wand (Business Development Manager, Bundesdruckerei)
Moderator
Sarah Palurovic (Strategic Advisor, Digital Euro Association)
Location and Date
Location: Online. Details for the live broadcast will be sent to you on the day of the event (no prior software installation required)
Date: Apr 30, 2024
Time: 17h00–18h30 (CET)
Language: English
Agenda
17:00 - Welcome and introductory words
17:05 - Panel discussion: Navigating the Intersection of the European Digital Identity Wallet and the Digital Euro
18:15 - Q&A
18:30 - End of webinar
Tickets and Registration
Required via Lu.ma; you will receive the URL for the webinar in advance.
Contact
Digital Euro Association
E-Mail: info@digital-euro-association.de
Web: www.digital-euro-association.de
About the Digital Euro Association
The Digital Euro Association (DEA) is a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money. In particular, we focus on the private and the public digital euro. The DEA is an independent voice of society, committed to advancing values such as freedom, privacy, and transparent governance in digital money. The DEA is independent and not affiliated with the Eurosystem nor any European organization. More information on the Digital Euro Association can be found on our website, LinkedIn and Twitter.
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