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Luxembourg-based company Incert participates in the European digital wallet project

Last time updated
15.12.22
Luxembourg-based company Incert participates in the European digital wallet project

Incert works in the field of digital security and is part of the EWC company group. The European Union has chosen this group as the contractor for large-scale pilot projects for the introduction of electronic wallets.

Such wallets in the EU will not only store the citizens' money. EWC and Incert will be testing dozens of use cases: booking train and plane tickets, as well as hotel rooms, check-ins at the same hotels and other institutions, verification of the carrier's identity, purchases, payments, and much more.

In the future, such a wallet will become a universal document and a tool with which the carrier will be able to perform the vast majority of operations related to money and paperwork. Naturally, the security of such an important device (or application, the final form of the wallet is not yet clear) should be at the highest level. That's where Incert comes in.

Another Luxembourg company, Netcompany-Intrasoft, is already involved in creating the wallet. It, together with Scytáles, received 26 million euros to create the infrastructure for this innovation.

Last time updated
15.12.22

Source: Paperjam

Authors: Danila