Telecommunications company Telefonica Tech partners with Privado ID to create digital identity solutions within the European Union.
The digital identity solutions provider, Privado ID, and Telefónica Tech, the strategic digital business unit of Telefónica Group, have announced a collaboration to develop advanced and secure age verification methods. This partnership is focused on creating technologies that enable users to prove their age digitally in a privacy-preserving manner, supporting the adoption of the European Digital Identity Wallet (Cartera IDUE) mandated under the upcoming European Digital Identity Regulation (eIDAS2).
As the European Union prepares to implement eIDAS2, businesses are required to adopt compliant identity solutions to ensure security and standardization in electronic identification. The collaboration between Privado ID and Telefónica Tech aims to enhance trust services and electronic identification across Europe, facilitating compliance with regulations and improving user control over personal data while enabling seamless, verified age checks for online services.
David Schwartz, Chief Executive Officer and Co-Founder at Privado ID, stated that empowering large companies to integrate innovative technologies, such as Privado ID's advanced zero-knowledge proof-based digital identity platform, is key to widespread adoption of self-sovereign identity. He believes that Telefónica Tech's size and depth of experience will help bring corporate clients into the Privado ID ecosystem.
José Luis Nuñez, Global Head of Blockchain and Web3 at Telefónica Tech, emphasized Telefónica Tech's experience and expertise in blockchain-based solutions and systems integration as crucial for driving the future of digital identity. He reiterated that privacy, security, and compliance are at the heart of Telefónica Tech's adoption of digital identity solutions, not only in the public sector but also in private companies of all sectors, sizes, and technology profiles.
Privado ID, previously known as Polygon ID, will utilize Telefonica Tech's expertise in decentralized technology, systems integration, and managed blockchain service TrustOS. The collaboration is anticipated to bring innovative verifiable credential use cases to fruition, with the first being age verification. The partnership is also expected to facilitate the widespread adoption of self-sovereign identity solutions.
eIDAS2 aims to create a secure and standardized framework for electronic identification, making it imperative for businesses and individuals to adopt compliant identity solutions. The regulation mandates that each EU Member State must provide Digital Identity Wallets to its citizens and outlines technical specifications and certification.
This initiative fits into wider efforts discussed at major European forums on eIDAS2, where collaboration among trust service providers, governments, and technology companies is encouraged to standardize and certify digital identity solutions, including privacy-enhancing measures within regulatory frameworks. Although direct details on the Privado ID and Telefónica Tech partnership's activities are not explicitly outlined in the search results, the context of eIDAS2 developments suggests their joint focus on privacy-preserving digital identity and age verification technologies aligned with these European regulations.
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