Research Group Digital Financial Services and Cross-Organisational Digital Transformations (FINATRAX)

Partner with FINATRAX

Building bridges between technology, management, and society
Partners from the private and public sectors looking to transform their organisation will find a team of experts able to understand their business and operational models, and find secure and reliable technological solutions to address their challenges. More than only optimising existing processes, FINATRAX looks at digital transformation in a broad perspective – essentially looking to change the traditional way of doing business. The group’s research activities span a large variety of areas, including financial services, energy, and public administration, among others.

Digital Identities for Luxembourg

With our lives becoming increasingly digital, we must ensure that our identities are safe, trusted and convenient to use. Digital identity is the missing link between service providers and citizens. One key stakeholder in the digital identity sphere is naturally the government, who have an obligation to issue credentials to citizens, such as identity cards and social security numbers.

Together with the Ministry for Digitalisation, we performed a feasibility study and proposed an action plan for a new digital identity framework in Luxembourg. Specifically, we identified and analysed the opportunities presented by verifiable credentials and digital wallets for public sector applications. Based on data and information from desk research and expert interviews, we developed a five-year roadmap towards a secure, trusted, interoperable, privacy-enabling and accountable digital ID infrastructure.

Partners of FINATRAX

  • Creos Logo

    Creos

    Assessing how the Luxembourg energy system can adapt to the transition to renewable sources.

  • Encevo

    A leading and sustainable energy player in Luxembourg and the Greater Region.

  • Enovos

    Designing, implementing, and evaluating power system information transparency for households in Luxembourg.

  • Luxembourg Ministry for Digitalisation

    Working towards a digital ID infrastructure for Luxembourg.

  • Spuerkeess

    Advancing research on FinTech, cryptography, and decentralised finance.

Our primary objective is to use the next generation of IT technologies to make a difference in the world.”

Gilbert Fridgen

Head of the FINATRAX Research Group and PayPal-FNR PEARL Chair in Digital Financial Services