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Opportunities in Europe with Electronic Identification and Trust Services
David Goodman, D.Phil
Principal Consulting Analyst
The worldwide fragmentation of electronic identities has caught the attention of many governments, which are taking a closer look at developing a more unified approach. As regulations emerge, Europe is leading the way through the adoption of the Electronic Identification and Trust Services (eIDAS) Regulation.
Over the coming two years, as different aspects of the regulation come into force, eIDAS will have tremendous impacts on most aspects of electronic business transactions in Europe which presents opportunities for cost savings, efficiencies, and competitive advantage both for European companies as well as US multinationals operating in Europe.
This document details the new legislation and provides an illustration from the banking and finance community outlining the opportunities and obstacles facing this particular industry sector alongside TechVision Research Guidance.