The Italian branch of PricewaterhouseCoopers (PWC) said is to build an EU union (EU) digitally identity product along with the blockchain consulting firm Skchain Advisors.

The product under Development will allow European companies and their customers to access digital platforms, including them in the Web3 World of Web3, according to an E -Mail message on Monday.

Developed on World Mobile Chain, a LAG-3 network built on Coinbase’s Ethereum Layer-2 base, the product will use Self-Sverign Identity (SSI) technology. SSI is a decentralized form of identity that gives users full control over their data rather than transferring them to third parties.

Blockchain technology supports SSI, allowing users’ data to be distributed and stored securely, removing the need for centralized identity providers.

The foundation of PWC Italy and Skchain’s product is the EU’s digital identity regulation Eidas 2.0 and the European digital identity EUDI) wallet that it introduces.

Eidas aims to establish an EU-wide digital identity framework for access to services and to make electronic transactions.