Organization Wallet
An organization wallet is a digital identity wallet held by a legal entity rather than a natural person: it lets a company or other organisation issue, hold, and present verifiable credentials about itself and act as a business counterparty in its own right, rather than through an individual's personal wallet.
A personal EUDI wallet identifies a natural person and is designed around that person tapping through occasional prompts. An organization wallet identifies a legal entity instead, so its credentials cover facts like company registration, tax identifiers, and authorised representatives, and it is built to run unattended on a server, issuing and verifying credentials at the volume an organisation's processes require. The European Business Wallet is the specific implementation of this concept for the European market; Credenco's Business Wallet is the product built on it.
Related terms
How is an organization wallet different from a personal wallet?
A personal wallet identifies a natural person and is used interactively from a phone. An organization wallet identifies a legal entity, holds credentials about the organisation itself such as registration and authorised representatives, and typically runs unattended on a server to handle credential requests at the volume the organisation's processes require.