29 Jun Update on eID Framework and Inclusion of Electronic Ledgers as Trusted Services
The Council presidency and the European Parliament have reached this morning a provisional political agreement on key aspects of a new framework for a European digital identity (eID).
The political agreement expands the current list of trust services, and we are pleased that it includes the provision of electronic ledgers. This important milestone will significantly facilitate our advocacy for blockchain and DLT applications and contribute to our broader mission.
The technical work on the text will continue in accordance with the political agreement and most probably requiring still a political follow-up with the handover of the presidency of the Council to Spain.
We consider this development a significant step forward and remain committed to advancing the use of electronic ledgers and blockchain technology.
We will continue to engage with policymakers, and advance the legal certainty and trust for electronic ledgers in a broader spectrum of public and private projects. We believe this will provide businesses and individuals with the confidence to build, use and benefit from this transformative technology.
We thank all who have supported the efforts in signing the Open Letter that was decisive for this outcome.