Europe becoming one country for business and administrative processes

2026-03-07 06:54:53

Abstract generation in progress

Making interoperable European Business Wallets (EBWs) mandatory for public sector entities does not only reduce the administrative burden on enterprises by €150–160 billion annually.

It is also the strongest possible signal that European competitiveness has become the top priority.

Now is the time to begin with the end in mind.

The destination

All organisations in every sector use interoperable European Business Wallets.
Most Europeans use citizen wallets.
Organisations use general-purpose EBWs to exchange verifiable data seamlessly with public authorities, businesses, employees and citizens.
Citizens use EUDI Wallets to access trusted data needed for life events. Secure and unified practices have significantly reduced administrative stress.
Semantic interoperability and linked data have increased precision and enabled deep automation of both business and administrative processes.
The wallet network and trust registries, acting as the Execution Layer of the Single Market, have made Europe effectively “one country” for business and administrative processes.
The impact on economic growth, security and wellbeing is profound.
Organisations and citizens use EBWs and EUDI Wallets as control panels to safely deploy and manage countless organisational and personal AI agents, multiplying productivity and creating entirely new levels of convenience.

The HOW — as outlined by Ursula von der Leyen

Simplification
A true Single Market
Lower energy prices
AI-driven transformation
Strong trade

And one more element is essential:

6. Speed.

AI is accelerating global competition. Europe must respond with urgency, enabled by simplification, political courage, and concrete public-private national implementation teams interacting with initiatives such as WeBuild. The first step is to take EBWs in use in the public sectors - to make enterprises more competitive and get a critical mass of credentials to citizen wallets.

Banks are critically important as they can supply so many sorts of verifiable data and save both costs and risks.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.