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There should be no doubt

Every organisation (enterprises, states, municipalities, 3rd sector) should asap deploy the now available simple EUDI-compatible applications for sending and receiving verified data (credentials) between each others, employees, citizens at large and many things.

Why? Productivity leap (McKinsey: 3-6% GDPgrowth - EU commission slightly less), service leap (do not serve customers - serve their life events), risk management leap, privacy leap, single market leap, ethical AI leap - to mention a few. 

How? The states must see to it - as enterprises cannot get this done on their own. This means that the public sector must start promising now and sending asap all sorts of credientials for their own part - and thus open the eyes in homes and businesses. Demand does not create supply - it is the other way around. Banks should - as traditional identification credential providers see the good for society at large. Make the choice to be at the table - not on the menu.

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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

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Helsinki Region

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.


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