Source: OECD Forum on Tax Administration Project C, Whole of Government strand
Related:
https://ec.europa.eu/digital-building-blocks/sites/display/EUDIGITALIDENTITYWALLET/EU+Digital+Identity+Wallet+Home
https://www.digitalidentity.gov.au/news/id-docs-digital-id-digital-driver-licences-and-wallets-0
(Retrieved at 2024-05-28)
Digital wallet
Digital wallets are an app on your smart phone that lets you store copies of various credentials such as bank cards, licences, tickets and more.
Well-known digital wallets are Apple Pay, Google Wallet, Samsung Pay, PayPal.
There's also a growing need for government-provided wallets.
Payment facilitation (like tapping your phone on an eftpos machine instead of a card) .
Robust security features to protect your money, privacy and stored info.
Storage and management of digital copies of physical documents, such as: gift cards, membership cards, event, plane and transit tickets, hotel reservations, digital driver license, ID cards, car keys.
Not easy to change wallet provider.
https://www.oecd.org/tax/exchange-of-tax-information/crypto-asset-reporting-framework-and-amendments-to-the-common-reporting-standard.pdf
https://www.oecd.org/finance/blockchain/