Digital Wallet

In the event of loss or theft of your smartphone, you will have to renew an e-id. It will also not be possible to have several electronic identities on several telephones. The validity period is not yet fixed. However, it could be equivalent to that of a passport, ie ten years.

The announcement came a bit more than six months after Apple announced it was working with a handful of states to develop digital IDs that can be stored alongside airline tickets, credit cards, movie tickets and other passes.

Digital photo cards were originally slated to become available to citizens alongside boat and recreational fishing licences in 2017.

The software enables capture biometric fingerprints, facial recognition, and scan documents needed for processing a person’s ID card using cellphones, without having to visit a Nadra office or embassy.

The National Database and Registration Authority of Pakistan is working to turn computerized national identity cards into digital wallets.

Chivo, El Salvador’s official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says.

In the global eWallet segment, the USA, Canada, Japan, China and Europe will drive the 13.8% CAGR estimated. China will remain among the fastest-growing in this cluster of regional markets.

The latest funding announcement shows that the main work program will receive €1.38 billion for investment in AI, “cloud and data spaces” that facilitate cross-border data sharing and edge computing, quantum communication infrastructure, advanced digital skill and the wide use of digital technologies across society and the economy until the end of 2022.