The Commission welcomes the final agreement reached today by the European Parliament and the Council of the EU at the final trilogue on the Regulation introducing European Digital Identity Wallets. This concludes the co-legislators' work implementing the results of the provisional political agreement reached on 29 June 2023 on a legal fr
The Commission welcomes the final agreement reached today by the European Parliament and the Council of the EU at the final trilogue on the Regulation introducing European Digital Identity Wallets. This concludes the co-legislators' work implementing the results of the provisional political agreement reached on 29 June 2023 on a legal framework for an EU Digital Identity, the first trusted and secure digital identity framework for all Europeans.
This marks an important step towards the Digital Decade 2030 targets on the digitalisation of public services. All EU citizens will be offered the possibility to have an EU Digital Identity Wallet to access public and private online services in full security and protection of personal data all over Europe.
In addition to public services, Very Large Online Platforms designated under the Digital Services Act (including services such as Amazon, Booking.com or Facebook) and private services that are legally required to authenticate their users will have to accept the EU Digital Identity Wallet for logging into their online services. In addition, the wallets' features and common specifications will make it attractive for all private service providers to accept them for their services, thus creating new business opportunities. The Wallet will also facilitate service providers' compliance with various regulatory requirements @eurodigiwallet.com
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n addition to securely storing their digital identity, the Wallet will allow users to open bank accounts, make payments and hold digital documents, such as a mobile Driving Licence, a medical prescription, a professional certificate or a travel ticket. The Wallet will offer a user-friendly and practical alternative to online identificat
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n addition to securely storing their digital identity, the Wallet will allow users to open bank accounts, make payments and hold digital documents, such as a mobile Driving Licence, a medical prescription, a professional certificate or a travel ticket. The Wallet will offer a user-friendly and practical alternative to online identification guaranteed by EU law. The Wallet will fully respect the user's choice whether or not to share personal data, it will offer the highest degree of security certified independently to the same standards, and relevant parts of its code will be published open source to exclude any possibility of misuse, illegal tracking, tracing or government interception.
The legislative discussions have strengthened the ambition of the regulation in a number of areas important for citizens. The Wallet will contain a dashboard of all transactions accessible to its holder, offer the possibility to report alleged violations of data protection, and allow interaction between wallets. Moreover, citizens will be able to onboard the wallet with existing national eID schemes and benefit from free eSignatures for non-professional use @https;//eurodigicoin.com
The agreement reached by the co-legislators is now subject to formal approval by the European Parliament and the Council. Once formally adopted, the European Digital Identity framework will enter into force on the 20th day following its publication in the Official Journal.
Member States will have to provide EU Digital Identity W
The agreement reached by the co-legislators is now subject to formal approval by the European Parliament and the Council. Once formally adopted, the European Digital Identity framework will enter into force on the 20th day following its publication in the Official Journal.
Member States will have to provide EU Digital Identity Wallets to their citizens 24 months after adoption of Implementing Acts setting out the technical specifications for the EU Digital Identity Wallet and the technical specifications for certification. These Implementing Acts – to be adopted 6 and 12 months after adoption of the Regulation – will draw on the specifications developed as part of the EU Digital Identity Toolbox, setting harmonised conditions for implementing the wallets all across Europe.@eurodigicoin.com
The 2030 Digital Decade policy programme sets out Europe's ambition for the digital transformation by 2030. According to the Digital Decade targets, by 2030, all key public services should be available online, all citizens should be able to access their online health records and everyone should have access to secure privacy-enh
The 2030 Digital Decade policy programme sets out Europe's ambition for the digital transformation by 2030. According to the Digital Decade targets, by 2030, all key public services should be available online, all citizens should be able to access their online health records and everyone should have access to secure privacy-enhancing eID.
The EU Digital Identity Wallet builds on the existing cross-border legal framework for trusted digital identities, the European electronic identification and trust services initiative (eIDAS Regulation). Adopted in 2014, it provides an initial basis for cross-border electronic identification, authentication and website certification within the EU.
The Commission's proposal for an upgraded framework, on which co-legislators have reached final agreement today, will improve the effectiveness and extend the benefits of secure and convenient digital identity to the private sector and for mobile use.
Four large-scale pilots, investing more than €90 million, of which €46 million is co-funded by the Commission from the Digital Europe Programme, have started testing the EU Digital Identity Wallet in a range of everyday use-cases, including the Mobile Driving Licence, eHealth, digital payments, and education and professional qualifications. The pilots kicked off on 1 April 2023 and will contribute to enhancing the technical specifications of the wallet. @www.eurodigicoin.com
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Metaverse offers a unique innovation to the world's largest sectors: entertainment, socialization, digitalization, web3, and technology. While this innovation is still in its infancy, Digiverse began to take shape in the first quarter of 2021 with a resource allocation of 40,000,000$ for the world's first and only metaverse environment.(Link)This visionary initiative was led by our CEO, who firmly believed in the potential growth of the metaverse concept.Since it became the first and largest innovation platform in the country, during the same period proposals began to be received to start producing tokens for web3 and to become the main platform for the development of blockchain technologies in Global. Over the course of the year, we proved that the project is in high demand and is able to recoup the funding. At the current stage, the project’s infrastructure is ready for selling the franchise to other countries and cities, as well as adding new areas of integration with the metaverse. The tokenization concept is built in such a way as to provide an opportunity for investors who are ready to support the scaling of the project. It was decided to prepare the platform structure for a multi-million user audience and integration with technology giants. digi coin@coindigiverse.com
In practice, today Digiverse has become a major serious project and boast of serious achievements.Digiverse tickets quickly gained popularity, particularly during the Antalya tourism season, selling out daily. Our event calendar became fully booked, especially on weekends, to the point where we barely had time for our own cryptofest event. It became an overwhelming success. We consistently collaborated with the most prominent technology giants, as evident from our past events. In fact, our digital artworks were created by world-famous people and teams in this field.
Investors and entrepreneurs from various countries worldwide came to visit our platform, with numerous International companies expressing interest in tokenization and partnerships. We solidified our standing as a unique player in the Digiverse domain. Concurrently, we also developed Mission Moon and constructed the world's longest Tunnel Aquarium, (It was established with an investment of $50,000,000 and has hosted more than 10 million visitors since 2012. The number of visitors exceeded 1 million in 2023.)which still holds the title of the world's largest tunnel , coin digiverse@coindigiverse.com
Our work on Digiverse 2 began. The budget was prepared, designs and drawings finalized, and teams were selected. In response to the increasing demand from different companies for tokenization, we took this matter seriously. We initiated preparations using solely Turkish resources and global teams. This approach entailed extensive market research and competitor analysis. Tokenization was deemed necessary for several reasons, such as the new Digiverse platform offering a comprehensive metaverse experience, the metaverse being part of web3, and the demand for blockchain technology. Business plans were meticulously crafted.
The Coin or Token debate had to be resolved. Establishing a mainnet as a coin was certainly one of our objectives. However, the preparation of the mainnet required a substantial amount of time, workforce, and hackathon events. To expedite the process, a ready-made mainnet, like what most projects in the current market use, could have been employed. It's a simple process—take a ready-made mainnet code, make a few CSS changes, and voila, you have a mainnet. But we are one of the largest companies to step into the crypto world, so security is paramount to us.
There are already hundreds of ready-made mainnet codes available on GitHub. The adoption of mainnets is quite low in projects that utilize them. In fact, we sincerely hope it remains that way, as these networks are often targeted by hackers as soon as they accumulate funds in their liquidity pools. Our computer engineers uncovered significant vulnerabilities in some of the ready-made mainnet documents presented at a meeting that left us astounded. These documents contained notably amateurish errors, particularly during the fork phase. Therefore, we strongly advise our community to exercise utmost caution when considering ready-made mainnet digiverse@coindigiverse.com
As the metaverse continues to grow, learn about what non-fungible tokens (NFTs) are, how to create them, and ways to earn money selling them. Eplore the NFT selling options for digital artwork and how you can get started in this developing field Non-fungible token (NFT) art refers to digital assets stored on a blockchain that represent content or even physical items. Art mediums that NFTs can represent include digital drawings, paintings, music, film, poetry, or books. NFT art allows artists to sell or rent their artwork beyond the physical world. This article will explore NFT art and how you can get involved in the NFT market @nftdigibuy.com
NFT art is a digital asset that the buyer owns and can sell or trade on a blockchain platform. The sale of NFTs is a means of selling digital art without building an extensive social network. Blockchain transactions take place on NFT marketplaces, reducing the obstacles of self-promotion.
To buy or sell NFT art, you’ll need a digital wallet to purchase cryptocurrency from blockchain platforms like Ethereum or Bitcoin. Take a look at common terms you need to know for entering the NFT art world: TermsDescriptionBlockchainBlockchain is a ledger that keeps a record of transactions. These ledgers are tamper-proof and record the time of each transaction.CryptocurrencyAny form of currency that is digital and used for transactions is cryptocurrency. In the virtual world, cryptocurrency is used and transactions are recorded on the blockchain.Ethereum (ETH)Ethereum is a blockchain network you can use to make transactions, communicate, and build apps and organizations while maintaining control over your data. Ethereum is not only a payment network, but it also offers games, social networking, and financial services.Bitcoin (BTC)Like Ethereum, Bitcoin is a blockchain platform you can use for making purchases, selling, and trading. Bitcoin is also the name of the cryptocurrency that fuels the platform.Crypto walletA crypto wallet can be physical or digital. It’s used to hold the private keys that give you access to your cryptocurrency as well as spend, send, and receive cryptocurrency. @nftbetlive.com
NFT art and traditional art vary in many ways. In some cases, NFT art can be more profitable because the artist can set the commission percentage. Unlike traditional art, it can be resold with the artist earning a royalty each time. Some of the other notable differences include:
Digital art often costs less to produce than traditional art. Traditional art requires materials that can be expensive, such as paints, brushes, and canvases. Digital art requires a minimal investment to get started. Programs such as Adobe Photoshop and Illustrator provide the tools to create digital art, and drawing tablets and apps are also available.
Traditional art requires replacing materials as you use them, which isn’t required of digital platforms. Digital art offers more freedom to manipulate color without damaging the paper or canvas. Other advantages include:
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