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According to the EU Identity Wallet's documentation, the EU's planned system requires highly invasive age verification to obtain 30 single use, easily trackable tokens that expire after 3 months. It also bans jailbreaking/rooting your device, and requires GooglePlay Services/IOS equivalent be installed to "prevent tampering". You have to blindly trust that the tokens will not be tracked, which is a total no-go for privacy.

These massive privacy issues have all been raised on their Github, and the team behind the wallet have been ignoring them.

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