Monday, March 31, 2025
8.2 C
London
HomeBankingPwC Italy and SKChain Advisors Revolutionize Digital Identity with Blockchain Technology

PwC Italy and SKChain Advisors Revolutionize Digital Identity with Blockchain Technology

Date:

Galaxy Digital Secures $200M Settlement Over LUNA Token Controversy

Key Resolution in High-Profile Crypto Litigation Marks a Turning...

PayPal Invests in Latin American Spend Management Platform Mendel

Exploring PayPal's Strategic Investment to Enhance Financial Solutions in...

PwC Italy collaborates with SKChain Advisors to develop a blockchain-based digital identity solution, setting new standards for privacy and compliance in the EU

Highlights:

  1. PwC Italy and SKChain Advisors are creating a blockchain-powered digital identity product compliant with EU regulations.
  2. The solution leverages Self-Sovereign Identity (SSI) technology to ensure privacy, security, and user control.
  3. The initiative aligns with eIDAS 2.0 and the European Digital Identity Wallet, paving the way for decentralized identity systems.

Summary: PwC Italy has partnered with SKChain Advisors to develop a cutting-edge blockchain-based digital identity solution tailored to meet EU standards. This innovative product utilizes Self-Sovereign Identity (SSI) technology, empowering users with full control over their data while ensuring compliance with privacy and security regulations.

The initiative is built on the foundation of eIDAS 2.0 and the European Digital Identity Wallet, aiming to redefine digital identity management for both Web3 and traditional services. By embracing blockchain technology, PwC Italy and SKChain Advisors are driving responsible innovation and setting a benchmark for decentralized identity systems in the European market.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories