The EU has introduced a new ‘digital’ ID. Here’s what it means for you.

“The European Commission wants to develop an app that would contain the digital version of your identity card. The European Commission on Thursday unveiled plans to introduce a bloc-wide digital ID. If approved, the plan would allow people to use an app to prove their identity online, whether that’s to verify their age or to check their driver’s license. The EU plans to start testing the app, which it calls a “wallet,” in October 2022, when it hopes it will have the basis of an agreement across member countries. But how will this wallet actually impact people? And is this the end of your anonymity online?”

https://www.politico.eu/article/eu-europe-digital-id/

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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