The ethical approach

Many of us have been impressed by how seriously enterprises are taking the fight against global warming.

Some claim that they do it because it is good for business and this is naturally also true.  But I know from experience across many organisations that both executive management at large, and owners see it as their responsibility – also as a cost.  Natural of course – as one would not rise to executive positions without understanding the gravity of the situation.

Could the same ethical commitment a stronger foundation for public-private cooperation in building our Trust Infrastructure?

In particular, we should accelerate the joint adoption of general-purpose European Business Wallets across both the private and public sectors. Their benefits are broad and systemic: improved security, higher productivity, reduced public sector costs, lower administrative burdens, better-quality jobs, less stress, enhanced privacy, more responsible AI, and a real Single Market.

In these hectic times, we must still make space to clearly articulate a shared public–private vision—and act on it without delay. By deploying wallet applications, we can begin exchanging semantically interoperable verifiable data seamlessly across business processes and life events. Banks are naturally in a central position here.

**Some short-term financial sacrifice may be required. **But the rewards will be ten-  - if not hundredfold with enabled AI-agentics.