ALTME achieves EBSI V3 conformance and becomes the 1st Crypto Wallet to support the new version of the European Blockchain Services Infrastructure

published on 18 October 2023

We are excited to announce that the Altme wallet has achieved EBSI V3 conformance, making it the first crypto wallet to support the latest version of the European Blockchain Services Infrastructure.

This milestone marks a new step forward in our mission to provide users with the most secure and user-friendly Web3 identity wallet available.

Visit Altme.io to experience the future of secure and user-friendly Web3 identity management.

ALTME wallet achieve EBSI V3 conformance
ALTME wallet achieve EBSI V3 conformance

What is EBSI, and why is it important 🇪🇺

In the fast-paced world of digital information, trust is paramount. The rise of digital identity theft, data manipulation, and the overwhelming control exerted by tech giants over our personal data have created a strong need for a new trust paradigm on the web.

Enter EBSI, a blockchain-based infrastructure supported by the European Commission. At its core, EBSI leverages Verifiable Credentials (VCs), a new data format that is owned by the users, tamper-proof, and instantly verifiable.

EBSI's goal is to provide European businesses and citizens with a secure and reliable way to prove their identity online while protecting their data and privacy.

To delve deeper into EBSI, visit the official EBSI page.

Altme : The First Crypto Wallet to be EBSI-conformant ✅

Altme, available on both iOS and Android, is the first crypto wallet conformant with EBSI. It's the first crypto wallet built on Decentralized Identity (DID) and capable of managing verifiable credentials.

Altme gives its users the ability to manage their digital assets (coins, NFTs...) on several blockchains such as Tezos, Ethereum, BNB Chain, and Polygon, connect to dApps, and prove things about themselves (ID, age, compliance) while protecting their data and privacy. To achieve this, Altme leverages the verifiable credentials format.

By being EBSI-conformant, Altme provides its users with the ability to store, manage, and share ID data supported by the European Blockchain Services Infrastructure, such as educational credentials or diplomas and other digital IDs.

New features and capabilities enabled by EBSI V3 🚀

One year after obtaining EBSI conformance, Altme is proud to be one of the first digital wallets to conform to the new EBSI V3 standards. This demonstrates Altme's commitment to European standards.

Here are some of the new technical features:

  • OIDC4VC Protocol: Altme now supports the OIDC4VC protocol, enhancing privacy and identity security.
  • Deferred Credentials: Users can request certain credentials and pick them up later, offering convenience and flexibility.
  • Pre-Authorized Code Flow: This new credential issuance method ensures that all necessary steps, including user approval, are completed before credentials are issued, enhancing security.

In summary, Altme's EBSI V3 conformance makes our wallet conformant with the most recent European standards, making it safer, more reliable, and packed with the most advanced verifiable credential features in Europe.

For in-depth technical insights, explore the OIDC4VC protocol.

Use Cases in Web 3 🪪

As the growth of Decentralized Finance (DeFi) and crypto assets continues, Altme's goal is to provide a regulation-compliant wallet that protects users data and privacy, while providing the best decentralized authentication and identity verification solution (ID, Age, KYC, compliance and more) in the Web 3 ecosystem.

ALTME'S VERIFIABLE CREDENTIALS FOR WEB 3
ALTME'S VERIFIABLE CREDENTIALS FOR WEB 3

In conclusion

EBSI is leading the way in building a new trust paradigm for the web—one that is decentralized, secure, and privacy-preserving. We are proud to be among the first wallets to conform to EBSI V3, and we firmly believe that Web3 identity should be secure, private, and user-friendly.

With EBSI V3 conformance, Altme provides users with a wallet that meets the highest standards of security and compliance while remaining easy to use. To embark on this journey of trust with Altme and EBSI, simply download the Altme wallet from our website. Start taking control of your digital identity in the Web3 era : https://altme.io


To learn more about the latest EBSI V3 requirements, visit the official EBSI website: https://api-pilot.ebsi.eu/docs.

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