Netcompany-Intrasoft wins landmark EU Digital Wallet contract

Netcompany-Intrasoft, member of NETCOMPANY Group A/S, has been awarded the much-anticipated European Digital Identity Wallet contract, encompassing development, consultancy, and support services.

In 2021, in the height of the COVID-19 pandemic, and following announcements as early as 2020 by Commission President, the European Commission announced its plans for a European Digital Identity framework available to all EU citizens, residents, and businesses.

The ultimate objective is a secure European e-identity, available to all EU citizens, across the EU and across activities. This would include digital identification means, electronic signatures, validation of documents and would entail transparency of data use.

The European Digital Identity Wallet will provide the benchmark for secure and transparent digital identification across the EU, ensuring at the same time the safety of the data that each citizen provides. The benefits are multi-fold from ease of use to cost reductions for businesses to cross-border transactions made possible.

The wallet, which will initially be developed as a sample solution by Netcompany-Intrasoft and Sweden-based consortium partner Scytales AB, will be offered to Member States and other stakeholders for implementing the requirements of the Regulation on a framework for a European Digital Identity.

Mr. Alexandros Manos, Managing Director of Netcompany-Intrasoft: “This is currently one of the most visible and much-anticipated initiatives across the EU. The way that each of us European citizens interact and provide identification for numerous transactions has been the topic of conversation in Member States for years. I consider being awarded the EU Digital Wallet contract a recognition of our company’s capacity to combine continuous innovation with our longstanding undisputed commitment to service excellence across the EU. We look forward to improving the lives of Europeans as we further build the sustainable societies of the future.”