Digital Identity Wallet to Provide Higher Security

In the future, you will not need to have your passport in your pocket or your driving licence in your wallet. A digital identity wallet is to replace them, thereby increasing security when it comes to e-identification.

» Updated: July 16 2024

» Published: June 17 2024

Digital Identity Wallet to Provide Higher Security
Photo: Claudio Bresciani/TT

In the future, you won't need to carry your passport in your pocket or your driving licence in your wallet. A digital identity wallet is to replace these to increase security when it comes to e-identification.

Sweden is currently one of the few countries that do not offer an e-identification at the highest level of trust according to the EU regulation (Eidas).

In the investigation now being submitted to the government, it is proposed that Sweden should be able to use a digital identity wallet where, among other things, the driving licence will be available.

All physical and legal persons shall be given access to public and private services. Issuance shall be free of charge for physical persons and use shall be voluntary. It shall thus not be compulsory, says investigator Henrik Ardhede at a press conference.

Not to be excluded

Those who choose not to use the digital wallet shall not be excluded from certain services, notes the investigator.

The digital wallet shall thus be able to replace current approved e-identifications, Bank-id and Freja, which are at a lower security level.

The wallet will be a form of e-identification with additional functions. What is new is the ability to store and display attribute certificates, for example, driving licences or professional certificates. However, it is the user who chooses which attributes to put in their wallet, says Henrik Ardhede.

Open a bank account

Further areas of use mentioned include being able to open a bank account or file tax returns in all EU countries.

Additionally, a representative of a company shall be able to obtain an organisational wallet when representing a company and not themselves.

The Swedish Post and Telecom Authority is proposed to be the supervisory authority for the wallets. The investigation's proposal is expected to come into force in October 2025. According to the current timetable, the wallet is expected to be available for use a year later.

Tags

TTT
By TT - Translated and adapted by Sweden Herald

More news

Easter Eggs Evolve: More Companies
1 MIN READ

Easter Eggs Evolve: More Companies Join the Festive Trend

Economics Students' Math Skills Lagging,
1 MIN READ

Economics Students' Math Skills Lagging, Warn Swedish Educators

Survey Reveals Workplace Silence Affects
1 MIN READ

Survey Reveals Workplace Silence Affects One in Seven Employees

Trump's EU Talks: Agriculture, Security,
2 MIN READ

Trump's EU Talks: Agriculture, Security, and Currency on the Agenda

Volkswagen Considers Shifting Audi Production
1 MIN READ

Volkswagen Considers Shifting Audi Production to U.S. to Avoid Tariffs

Skistar Relocates Guests Due to
1 MIN READ

Skistar Relocates Guests Due to Snow Shortage in Swedish Mountains

Swedes to Spend Nearly a
3 MIN READ

Swedes to Spend Nearly a Billion Kronor on Easter Candy

Indonesia to Boost Oil and
1 MIN READ

Indonesia to Boost Oil and Gas Imports from USA to Ease Trade Tariffs

European Stocks Gain Popularity as
3 MIN READ

European Stocks Gain Popularity as Investors Shift Focus from US

Asian Markets Show Mixed Movements
1 MIN READ

Asian Markets Show Mixed Movements as Investors Eye US Tariff Talks

Netflix Surpasses Market Forecasts with
1 MIN READ

Netflix Surpasses Market Forecasts with Strong Quarterly Earnings

United Health's Sharp Decline Weighs
1 MIN READ

United Health's Sharp Decline Weighs on Wall Street Indices

Civil Servant Strike Averted as
2 MIN READ

Civil Servant Strike Averted as New Agreements Reached

IMF Predicts Global Economy to
1 MIN READ

IMF Predicts Global Economy to Sidestep Recession Despite Trade Strains

Judge Rules Google Maintains Illegal
1 MIN READ

Judge Rules Google Maintains Illegal Monopoly in Digital Advertising

Electricians Secure New Deal with
1 MIN READ

Electricians Secure New Deal with Pay Raises and Shorter Hours

US Economy Shows New Signs
2 MIN READ

US Economy Shows New Signs of Weakness with Housing and Manufacturing Slumps

Jonathan Anderson Named Dior Menswear
1 MIN READ

Jonathan Anderson Named Dior Menswear Creative Director

Eli Lilly Shares Surge After
1 MIN READ

Eli Lilly Shares Surge After Promising Weight Loss Pill Results

ECB Lowers Rates Again, More
3 MIN READ

ECB Lowers Rates Again, More Cuts Expected This Year

Study Reveals Long-Term Economic Strain
1 MIN READ

Study Reveals Long-Term Economic Strain for Russia in Ukraine Conflict

Trump Claims He Can Oust
2 MIN READ

Trump Claims He Can Oust Fed Chair Powell Despite Lacking Authority

Hermes Increases U.S. Prices to
1 MIN READ

Hermes Increases U.S. Prices to Offset Tariff Impact

Trump Administration Halts New York
1 MIN READ

Trump Administration Halts New York Offshore Wind Farm Construction

Genre image
1 MIN READ

Pernod Ricard Sales Dip Due to Cognac Challenges in China

TSMC Reports Strong Q1 Results
1 MIN READ

TSMC Reports Strong Q1 Results with 42% Sales Increase

ABB Gains Despite Downturn in
1 MIN READ

ABB Gains Despite Downturn in Stockholm Stock Exchange

ABB Boosts Profit, Plans Robotics
2 MIN READ

ABB Boosts Profit, Plans Robotics Division Spin-Off

Asian Markets Rise on Positive
1 MIN READ

Asian Markets Rise on Positive US-Japan Trade Talks

SBAB Predicts Decline in Mortgage
1 MIN READ

SBAB Predicts Decline in Mortgage Rates as Repo Rate Expected to Drop

Trump Reports 'Great Progress' in
2 MIN READ

Trump Reports 'Great Progress' in Trade Talks with Japan

Nvidia's Warning Sends Wall Street
1 MIN READ

Nvidia's Warning Sends Wall Street Indices Tumbling

EU Launches Safety Sweep to
1 MIN READ

EU Launches Safety Sweep to Tackle Dangerous Products Online

WTO Report: Trump's Tariffs Could
1 MIN READ

WTO Report: Trump's Tariffs Could Cut Global Trade by 1.5% by 2025

Record Restaurant Bankruptcies in March
1 MIN READ

Record Restaurant Bankruptcies in March Highlight Industry Struggles

US Retail Sales Surge in
1 MIN READ

US Retail Sales Surge in March, Driven by Car Purchases