eIDAS 2.0 and the future of digital identity
The European Union's revised eIDAS regulation introduces a binding framework for digital identity across all member states. It mandates the European Digital Identity Wallet and creates the legal foundation for organisations to issue, hold, and verify credentials that are recognised across borders. Credenco is built for this reality from the ground up.
Iniúch an Business WalletWhat is eIDAS 2.0?
eIDAS 2.0 is the revision of the 2014 European regulation on electronic identification and trust services. Where the original regulation focused primarily on electronic signatures, the 2024 revision dramatically expands scope: it introduces the European Digital Identity Wallet as a mandatory infrastructure for all EU member states.
For organisations, this means a legal framework for issuing and verifying digital credentials — from company registrations and tax compliance statements to professional qualifications and insurance certificates. Credentials issued under eIDAS 2.0 carry legal validity across all 27 member states.
The regulation aligns with open standards (W3C Verifiable Credentials, OpenID4VC) to ensure interoperability. Any wallet that meets the technical requirements can participate — preventing vendor lock-in and enabling a genuine European ecosystem of digital trust.
Why it matters
By 2026, EU member states must provide citizens and businesses with access to a digital identity wallet. Organisations that issue or verify identity-related documents — from chambers of commerce to banks, insurers, and procurement platforms — will increasingly work with verifiable credentials instead of PDFs and email.
Early adopters gain a structural advantage: faster onboarding, lower fraud risk, automated compliance checks, and readiness for mandatory regulations before they take effect. Organisations that wait will face a compressed transition timeline with higher cost and disruption.
Standards we build on
Credenco implements the full stack of European and international standards for digital identity and verifiable credentials.
eIDAS 2.0
The revised European regulation on electronic identification and trust services. It mandates the European Digital Identity Wallet and establishes a legal framework for verifiable credentials across all EU member states.
W3C Verifiable Credentials
The global open standard for digitally verifiable claims. Credentials issued in this format can be independently verified without contacting the issuer.
OpenID4VC
A suite of protocols (OID4VCI, OID4VP) that enables interoperable credential issuance and presentation between wallets and verifiers.
GDPR
Europe's General Data Protection Regulation. Credenco's privacy-by-design architecture means personal data stays with the holder — never on a central server.
EBSI
The European Blockchain Services Infrastructure provides a cross-border trust registry for verifiable credentials, ensuring issuers and verifiers can be trusted across the EU.
How Credenco aligns
Credenco's Business Wallet is designed from the ground up to meet eIDAS 2.0 requirements. It implements W3C Verifiable Credentials, OpenID4VC for credential issuance and presentation, and integrates with EBSI trust registries — ensuring every credential issued through Credenco carries the standards-based trust that the regulation demands.
All infrastructure runs on European cloud providers. Personal and organisational data is stored in wallets, never on central servers. This privacy-by-design architecture is not a retrofit — it is a core design principle that aligns directly with both GDPR and the eIDAS 2.0 wallet requirements.