Veridas, a leading company in biometric technology, digital identity, and cybersecurity, has been selected to participate in the second phase of the Large Scale Pilots for the EU Digital Identity Wallet as part of the WE BUILD consortium.
Backed by the European Commission, the consortium aims to strengthen the EU Digital Identity Wallet ecosystem by developing use cases that facilitate everyday life for businesses and citizens. With nearly 200 partners, including Member States, public entities, and private organizations, WE BUILD will address thirteen strategic use cases in the fields of digital identity, payments, and legal representation.
Veridas’ Contribution to the Project
As part of its participation in WE BUILD, Veridas will deploy its identity wallet technology to enable payments through OTIP (One-Time Identity Proofing). This development will facilitate secure digital transactions in two key areas:
- Purchasing age-restricted products, ensuring proper identity verification for consumers.
- Accessing services with reduced rates for senior citizens guarantees that benefits are granted only to those who meet the eligibility criteria.
Through this initiative, Veridas reinforces its commitment to innovation in digital identity, providing solutions that enhance security, reduce costs, and optimize processes across both public and private sectors.
The WE BUILD project will commence in September 2025 and will run for 24 months.
For more information about the WE BUILD consortium and its progress, visit https://www.webuildconsortium.eu.
