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    Home»Fintech»We know where we are heading. Why not get going..: By Bo Harald
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    We know where we are heading. Why not get going..: By Bo Harald

    FintechFetchBy FintechFetchApril 12, 2025No Comments2 Mins Read
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    We know that trust is needed more than ever before and that it is critically important for the AI-revolution.

    We know that trust will be built with identity building verifiable credentials.

    We know that all organisations and most citizens will have general purpose wallet applications very soon to be able to send and receive the credentials.

    We know that there are over 70 wallets available on the market and EU Member states must see to it that citizens get at least one free of charge at the latest next year.

    We know that in addition to the 3-6% GDP growth McKinsey is predicting with the Trust Infrastructure the wallets are needed when
    deploying wallet-carrying AI-agents. With these the next GNP leap will start happening.

    Should not the order of action then be the following?

    1. That every organisation in all sectors should take a suitable application in use and start sending and receiving all sorts of verifiable data.  To motivate both legal and natural persons to move ahead.
    2. That the public sector – aiming at lowering costs (tax pressure), improving security and privacy and helping enterprises to become more productive and less stressed – would be among the first to do so. 
    3. That the banks use their role as trust providers and help especially
      SMEs to get the wallets and credentials streams going.
    4. That it is said that there is no need to wait for EU finalisation. Especially as the change of issuing and verification work processes will need time = should be started now with interoperable wallets.
    5. That Proof of Purchase credentials (AKA e-receipts) should get a very high priority. This because the business case, high volume as habit creator and importance when fighting crime and grey economy is in its own class.
    6. That it is made clear that employment, empowering and steering of organisational and personal AI-agents securely and efficiently should happen with credentials from the wallets. 
    7. That also AI-agents should have identity building wallets and use them when exchanging data with other wallets. 

    What do you think?  Can we really afford to sit on hands when AI is storming ahead and should be safely employable? 

    We need the productivity and security leaps from both the Trust Infrastructure in any case and then another leap from practical AI-agents and then from AI at large. 



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