Realizing the PSD2 open ecosystem utilizing Self-Sovereign Identity
Author
Term
4. term
Publication year
2022
Submitted on
2022-06-01
Pages
111
Abstract
The increasing digitization presents new possibilities for innovating in established sectors. This entails an increasing demand in privacy and transparency to instil digital trust. This thesis presents how established structures and ecosystems within the financial sector payment landscape and digital identity management systems could be changed due to the EU initiatives of PSD2 and eIDAS 2.0. The thesis presents deployment proposals to illustrates how the Self-Sovereign Identity and Financial-grade API frameworks could be utilized for realizing the novel trust relationship among the entities within the payment landscape, while accommodating an increased demand in data privacy, transparency and trust.
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