May 9, 2023, 10:36 p.m. | Chris Burt

Biometric Update www.biometricupdate.com


The European Central Bank is inviting experts in identification and authentication to contribute to the development of rules for the digital euro.

A ‘workstream’ is being set up to establish identification and authentication requirements for the digital currency, with the goal of enabling best-in-class user experience and security. Impact assessments for various existing approaches to identification and authentication will also be carried out.

The EU’s planned digital currency is expected to be stored in the EU Digital Identity Wallet, with …

authentication bank biometrics news central bank digital currency (cbdc) class contribute cryptocurrency currency development digital digital currency digital id ecb eu eu digital identity wallet european central bank experience experts financial services identification requirements rules user experience

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