What are the Wallet's implications for Digital Currency?
Welcome to the final episode of a three-part podcast series focused on the EU Digital Identity Wallet (DIW), organised by the trainees of the European Data Protection Supervisor and European Data Protection Board.
The European Commission has introduced a legislative proposal for a European Digital Identity, which will be available to all EU citizens, residents, and businesses. Citizens will be able to prove their identity and share electronic documents from their DIW. This opens up the possibility of streamlining many processes and offering a greater range of e-government services to people, which has become more important than ever in the face of the COVID-19 pandemic.
Like any technology though, there are data protection issues to be discussed. In previous episodes, speakers from different professional backgrounds have given their thoughts on a variety of topics related to the DIW, ranging from its possible benefits to access for vulnerable individuals.
Our third and final episode begins with an introduction to the idea of the "Digital Euro" within the DIW. Our two guest speakers, Prof. Dr. Philipp Sandner and Dr. Amandine Jambert, take us through this area. Philipp Sandner provides us with his expert perspective pertaining to how the digital euro would work, through which design or operational system could be used. Amandine Jambert supplies the data protection perspective as to how this can be achieved while preserving a data subject’s data, and which safeguards will need to be taken into consideration for the effective running of the digital euro within the DIW.
This podcast is hosted by Marek Jessen and Joana Mota Peixinho.
This podcast was recorded on 17 and 24 January 2022.
Prof. Dr. Philipp Sandner is head of the Frankfurt School Blockchain Center at the Frankfurt School of Finance & Management. He is an expert on the digital euro, digital identities and crypto assets like Bitcoin and Ether. As a founding member of the Digital Euro Association, he follows the latest developments in the field of central bank digital currencies and educates and researches on the various technologies currently being discussed to run a digital euro.
Dr. Amandine Jambert works for the French Data Protection Authority, CNIL, where she has been an IT specialist for over 10 years. Amandine has a PhD in Cryptography from the University of Bordeaux, with her thesis focusing on the topic of “privacy tools for user’s content and privacy protection.”