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Digital wallets that store verifiable credentials are transforming how individuals manage their professional identities and reshaping the way jobseekers and employers interact in the talent marketplace.
This report from Jobs for the Future examines the progress made in the development of digital wallet infrastructure, highlighting both technological advances and real-world implementations.
Among the report’s key insights:
- The future is digital: By 2026, more than 500 million smartphone users worldwide will be using digital identity wallets regularly for day-to-day activities.
- Worker demand is strong: In a JFF Labs survey, 75 percent of jobseekers polled said they would find a digital wallet helpful in their job searches.
- Wallets are having a real impact: From supporting immigrant workers to streamlining disaster response, digital wallets are already making a difference.
- A global movement is underway: Countries worldwide are adopting digital ID systems, with the EU planning universal implementation of digital identity wallets by 2026.