Blockchain/Tech
PwC Italy and SKChain Advisors Collaborate on Blockchain-Based EU Digital Identity Solution
A new digital identity product for European companies will facilitate secure access to digital platforms, including Web3.
1 min read
Overview
PricewaterhouseCoopers (PwC) Italy has announced a collaboration with blockchain consultancy SKChain Advisors to build a digital identity solution for the European Union (EU). This product aims to facilitate secure access to digital platforms, including those within the Web3 environment.
Key Points:
- The initiative is based on the World Mobile Chain, a layer-3 network constructed atop Coinbase’s Ethereum layer-2 Base.
- The technology harnesses self-sovereign identity (SSI), empowering users with control over their personal data and eliminating the reliance on centralized identity providers.
- The venture is aligned with the EU’s recently introduced digital identity regulation, eiDAS 2.0, which aims to establish a standardized framework for digital identities across Europe.
This innovative product will allow companies and their customers to confidently navigate the growing ecosystem of digital services.
