🇪🇺 Final agreement on EU Digital Identity Wallets expands scope of regulations
The European Parliament and the Council of the EU have reached an agreement on a new framework for European digital identity, including regulation on digital ID wallets.
A news release from the European Commission says this concludes the two legislative bodies’ work to implement results of the provisional political agreement reached in June around a legal framework for a trusted and secure digital identity for all Europeans.
Under the new eIDAS 2.0 regulations, the EU Digital Identity Wallet will have extensive applications across public and private enterprise, supporting the EU in meeting its 2030 targets for the digitization of public services. With the full guarantee of EU law, wallet holders throughout Europe can use their linked digital ID to open bank accounts and make payments, store digital ID and biometric documents such as mobile driver’s licenses or professional certifications, and expedite services in travel, healthcare and other areas of life. Significantly, the regulation makes it mandatory for so-called Very Large Online Platforms (Facebook, Google, et al) to accept the EU Digital ID Wallet for login. The Commission’s release implies that this is a potential model for smaller companies, for which the features and specs of the wallet could boost both competitiveness and compliance.
Crucial to the wallet system is the user’s ability to choose whether or not to share personal data, and what data is shared in specific cases. In terms of UX, the wallet’s dashboard promises the ability to monitor transactions and report privacy violations, and to allow interaction between wallets with consent. E-signature capability will be free for personal use.
Several of these features mark an expanded scope for the regulation as a result of the trilogue discussions. Other newly finalized points include the wallet’s business model (free of charge to all Europeans), validation and authentication mechanisms for member states, and the status of the wallet’s code, components of which will be available open-source to try and prevent misuse.
Although the agreement between the European co-legislators is set, it still requires endorsement from member states and formal approval, after which it will be formally published in the EU’s Official Journal. Twenty days after that, the new EU Digital Identity framework will become law.
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.