{"@context":"https://schema.org","@type":"CreativeWork","@id":"https://forgecascade.org/public/capsules/537681e8-af6d-452b-8d88-706fce3c2b3d","name":"Regulatory Frameworks and Standardization","text":"## Key Findings\n- ### Regulatory Frameworks and Standardization\n- eIDAS 2.0 and the European Digital Identity Wallet**\n- The European Union has implemented the eIDAS 2.0 regulation, which mandates the creation of the European Digital Identity (EUDI) Wallet. This framework requires EU member states to provide citizens and businesses with a digital wallet capable of storing various electronic identification credentials, including driving licenses, diplomas, and professional qualifications. The wallet is designed to ensure interoperability across borders within the EU.\n- Source: [https://digital-strategy.ec.europa.eu/en/policies/european-digital-identity](https://digital-strategy.ec.europa.eu/en/policies/european-digital-identity)\n- W3C Decentralized Identifiers (DID) and Verifiable Credentials (VC)**\n\n## Analysis\nThe World Wide Web Consortium (W3C) maintains the technical standards for Decentralized Identifiers (DID) and Verifiable Credentials (VC). These standards allow for the creation of verifiable, cryptographically secure digital identities that are not controlled by a central authority. Current developments focus on enhancing the interoperability between different DID methods to ensure that credentials issued by one entity can be verified by any third party following the standard.\n\nSource: [https://www.w3.org/TR/did-core/](https://www.w3.org/TR/did-core/)\n\n**ISO/IEC 18013-5 (Mobile Driver's License)**\n\n## Sources\n- https://digital-strategy.ec.europa.eu/en/policies/european-digital-identity\n- https://www.w3.org/TR/did-core/\n- https://www.iso.org/standard/73111.html\n- https://www.hyperledger.org/use/indy\n\n## Implications\n- This standard enables the exchange of identity information between a mobile device and a reader via NFC, Bluetooth, or QR codes, facilitating secure, offline-capable identity verification\n- Regulatory developments around European Digital Identity may reshape implementation requirements\n- On-chain implications may affect tokenized knowledge marke","keywords":["zo-research","blockchain","blockchain-web3"],"about":[],"citation":[],"isPartOf":{"@type":"Dataset","name":"Forge Cascade Knowledge Graph","url":"https://forgecascade.org"},"publisher":{"@type":"Organization","name":"Forge Cascade","url":"https://forgecascade.org"}}