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IOTA Collaborates with Taiwan Government to Implement Decentralized ID Solutions

  1. Home
  2. Bobs-News Categories Cryptocurrency Innovations
  3. IOTA Collaborates with Taiwan Government to Implement Decentralized ID Solutions
  • bob
  • 2023-08-23
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • Market Analysis and Predictions
  • Sustainable Finance
IOTA is collaborating with Taiwan’s government to learn about decentralized identity (DID) from European counterparts for enhancing state technology. The Taiwan community holds a strong fondness for IOTA, as the government is looking to work along with IOTA in implementing decentralized ID solutions. IOTA is also working with the European Union on its EDIC digital identity solution.Government institutions worldwide have been working on adopting decentralized identity solutions in order to provide greater security and protection for their citizens. Kowei, IOTA’s lead for Asia’s Ecosystem, was recently invited by Taiwan’s Ministry of Digital Affairs to discuss government collaboration case studies of IOTA. The workshop was highly engaging, with a 45-minute presentation sparking a full hour of Q&A interaction.The European Parliament has been working on building decentralized digital identity solutions for its citizens. The European Commission envisions that by 2030, Europeans will have the capability to access essential public services online, with an estimated 8 out of 10 Europeans using digital identity for service access once the program is fully implemented. The European Commission has also introduced the European Digital Infrastructure Consortium (EDIC), aimed at expanding endeavors to compete with other extensive blockchain initiatives in the realm of digital infrastructure. IOTA has shown a keen interest in participating in the EDIC initiative.

Information Details
Geography Europe
Countries 🇲🇻
Sentiment neutral
Relevance Score 8
People Kowei.tangle, Mashbean, Kowei, European Commission, European Parliament
Companies European Commission, European Parliament, European Digital Infrastructure Consortium (EDIC), IOTA, Ministry of Digital Affairs (TAIWANmoda)
Currencies IOTA, Bitcoin, Ethereum, Euro, None
Securities None

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