📄️ ARF
The European Digital Identity Wallet Architecture and Reference Framework (EUDIW ARF) is a comprehensive guideline developed by the European Union to standardize the implementation of digital identity wallets across member states.
📄️ Bundesanzeiger
The Bundesanzeiger Verlag (BAnz) is a German publishing house and information service provider known for publishing the Federal Gazette and other legal and official publications.
📄️ DID
Decentralized Identifiers (DIDs) enable verifiable, self-sovereign digital identities.
📄️ Employee
In the context of the Enterprise Wallet, we refer to employees as Natural Persons who do not have signatory rights.
📄️ Enterprise Credential
An Enterprise Credential is a verifiable credential that includes information about the enterprise such as functionaries, ultimate beneficial owners, address, legal form, etc.
📄️ Enterprise Wallet
The Enterprise Wallet is the central wallet for a company.
📄️ EUDIW
A European Digital Identity Wallet (EUDIW) is a secure digital application planned by the EU to allow citizens, residents, and businesses to store and manage their personal identification information and credentials electronically.
📄️ JOSE
JavaScript Object Signing and Encryption (JOSE) is a set of standards and specifications for secure data exchange in JSON format. It defines methods for digitally signing and encrypting JSON data, allowing applications to securely transmit and verify information over the internet. JOSE includes the following components:
📄️ Key Pair
A cryptographic key pair consists of two keys: a public key and a private key. The public key is used to encrypt data or verify digital signatures, while the private key is used to decrypt data or create digital signatures. The keys are mathematically related, so data encrypted with the public key can only be decrypted with the corresponding private key, and vice versa.
📄️ KYC
KYC (Know Your Customer) is a process used by financial institutions to verify the identity of their clients, ensuring compliance with legal requirements to prevent fraud, money laundering, and other financial crimes. It involves collecting and verifying information such as identification documents, addresses, and financial history.
📄️ Legal Entity
A Legal Entity is any enterprise or group that has legal standing in the eyes of the law. This includes both Natural Persons (individual humans) and Legal Persons (enterprises, NGOs, etc.). Legal entities can own property, incur debt, and be involved in legal proceedings.
📄️ Legal Person
A Legal Person is an entity recognized by law as having rights and obligations, capable of entering into contracts, owning property, and being sued or suing in its own name.
📄️ Linked Data Signatures
Linked Data Signatures (LDS) is a specification for digitally signing Linked Data documents using cryptographic methods. It allows developers to create verifiable digital signatures for RDF graphs, ensuring the integrity, authenticity, and provenance of the data. LDS is based on the W3C Linked Data Signatures specification and uses JSON-LD for representing the signed data and the signature information. Key features of Linked Data Signatures include:
📄️ LPID
Legal Person Identification Data (LPID) uniquely identifies legal entities (such as enterprises, organisations, or institutions) within the European Union.
📄️ Natural Person Credential
Issued by the Bundesanzeiger upon successful registration, the Natural Person Credential serves as a proof of an individual's functionary status within a registered enterprise. This credential is only issued after a Personal Identification (PID) credential has been presented and verified, ensuring the authenticity of the individual's identity. This process contributes to the transparency and integrity of functionary records in the German business environment.
📄️ Natural Person DID
The Natural Person DID identifies a natural person within the context of an enterprise. The DID is created by the Enterprise Wallet and is used to link the natural person to the enterprise. The Natural Person DID is used to request a Natural Person Credential from the Bundesanzeiger, which allows the person to act on behalf of the enterprise in a specific role.
📄️ Natural Person
A Natural Person is a human being with legal rights and responsibilities. This term distinguishes individual humans from legal entities like enterprises or government bodies.
📄️ Personal wallet
A personal wallet is a digital application or platform that individuals use to securely store and manage their private verifiable credentials such as the PID. These credentials might include digital versions of identity documents, educational diplomas, professional certifications, health records, and other personal information that can be verified by third parties. The wallet allows users to:
📄️ PID
Person Identification Data identifies individuals as defined by the EU ARF.
📄️ Power of Attorney Credential
The Power of Attorney Credentials are issued by functionaries of an enterprise to delegate certain tasks to other employees.
📄️ Private Key
A private key is an essential part of a digital identity, often represented by a Decentralized Identifier (DID). A DID is a unique identifier that is cryptographically secured and can be used to verify the identity of an entity (e.g., a person, organisation, or device).
📄️ SSI
SSI (Self-Sovereign Identity) is a digital identity model that allows individuals to control and manage their personal information without relying on a central authority.
📄️ UBO
A Ultimate Beneficial Owner (UBO) is the individual who ultimately owns or controls a company or entity, even if the ownership is exercised through a chain of legal entities.
📄️ VDR
A Verifiable Data Registry (VDR) is a system that securely stores and manages data, allowing for the issuance, verification, and validation of digital credentials.