News Company Passport

To build a trusted and efficient digital ecosystem, a common language for business data is essential. That’s why Davinci has been selected to lead the Joint Taxonomy project within Company Passport. Their expertise in digital data exchange will help define clear, standardized credential schemas, ensuring seamless collaboration across industries.

Davinci specializes in designing and managing digital data exchange processes, ensuring efficiency, lower costs, and improved reliability. They tackle complex challenges through collaboration, engaging with industry partners, governments, and regulators to build shared solutions. By fostering cross-industry connections and common standards, they help shape the future of digital infrastructure. In a previous assignment Davinci has successfully orchestrated a joint taxonomy for “the residential domain” in the Netherlands (‘Zorgeloos Vastgoed’), together with four key players in this domain: HDN (the joint datanetwork of mortgage providers), The Royal Dutch Association of Civil-Law Notaries, NVM (the association of real estate agents and appraisers) and the Dutch land registry. Davinci also helped bringing Dutch mortgage lenders and Dutch notaries together in establishing an electronic communication platform for Mortgages, which standardizes the data sharing between all parties involved in the process of executing mortgage deeds and paying off mortgages.

What will Davinci deliver?

✅ A structured taxonomy environment, mapping how different partners' data models relate to each other.

✅ Credential Schemas for key attributes.

✅ A demonstration use case, showcasing a real-world application of the taxonomy.

✅ Strategic recommendations for the Large Scale Pilot and future roadmap.

Burny Verbeek, Director of Davinci Conclusion, emphasized the potential of Company Passport: "We are extremely pleased and proud to be assisting Company Passport in developing a joint taxonomy and credential schemes for the upcoming digital world with company wallets and countless exchanges of qualified attestations"

We are excited to welcome Davinci to the Company Passport initiative and look forward to collaborating in the coming months. Their expertise in digital data exchange and commitment to building shared solutions will be invaluable in advancing our joint taxonomy and strengthening the ecosystem.

Every year, thousands of entrepreneurs in the Netherlands fall victim to fraud. Recent research by the Chamber of Commerce (KvK) shows that as many as 25,000 entrepreneurs were defrauded last year. This often involves paid goods that are never delivered or services that are not fulfilled. Small business owners, in particular, are at risk, as a financial setback can immediately put them in trouble.

Saïd Akdim, Innovation Officer at KVK is concerned about Digital Identity of entrepreneurs: “Only 20% of entrepreneurs take preventive measures. This is concerning because preventing fraud is often easier than recovering from it. Simple measures, such as checking businesses in the trade register, requesting a down payment, and starting with small deliveries for new clients, can prevent a lot of trouble. Yet, many entrepreneurs fail to take these steps, often due to a lack of awareness or time constraints.”

A New Way of Doing Business

Starting in late 2026, the European eIDAS organizational wallets will be introduced, a groundbreaking innovation that helps businesses securely manage and verify their digital identities. eIDAS, the European regulation for electronic identification and trust services, ensures that entrepreneurs can verify each other's identities in a standardized and authenticated manner. Saïd Akdim explains how this works: “These wallets allow companies to exchange business data securely and seamlessly, making online transactions more efficient and reliable. You know who you are doing business with. Not only in the Netherlands but also throughout Europe and perhaps later also beyond.

The Future of Secure Entrepreneurship

“Fraud will never disappear entirely, but with the introduction of organizational eIDAS wallets, entrepreneurs will be better protected. Organizational wallets operating under the Dutch Company Passport framework will make reliability and security standard in the business world. The Chamber of Commerce manages 3 million records of companies in the Netherlands. We work closely with the Tax Authorities, the Royal Dutch Notarial Association (KNB), and banks (Dutch Banking Association) to develop and launch the Company Passport framework by the end of 2026”, according to Saïd Akdim.

Company Passport aims to play a key role within eIDAS 2.0 by providing standardized, legally validated, and technically robust data models for Dutch businesses and government institutions. This will facilitate the secure exchange of business data via eIDAS wallets, making (cross-border) digital transactions more reliable, safe and efficient.

This month marks a milestone in the development of the Company Passport towards a formal organizational structure. In collaboration with the executive level of our partners we have established the Steering Committee, enabling the large-scale implementation of the Company Passport within organizations. The engagement of our partners demonstrates the shared confidence in the progress of this innovative initiative. We look forward to collaborating with our Steering Committee members Marije Hovestad (Kamer van Koophandel) , Arno van Dongen (Belastingdienst), Bernadette Verberne Koninklijke Notariële Beroepsorganisatie (KNB) and Victor van der Hulst (Dutch Blockchain Coalition).

We are also pleased to announce that Gijs Boudewijn of the Betaalvereniging Nederland (Dutch Payments Association), and the Dutch Banking Association will join the Steering Committee, taking the seat kindly offered by our partner ABN AMRO Bank N.V. The participation of our Steering Committee members reinforces our commitment to the successful implementation of the Company Passport.

The Company Passport facilitates secure and seamless trade with businesses, consumers, and interactions with public entities by acting as a Trust Framework. It adheres to European eIDAS regulations. By optimizing and automating processes in services, we leverage digital data to improve (legal) trust and convenience for entrepreneurs and society as a whole.

Over the past few months, Company Passport partners KVK, KNB, Belastingdienst, and ABN AMRO have been working diligently on the further development of the Company Passport, guided by the Dutch Blockchain Coalition. A 5-day Design Sprint focused on technical and legal aspects, with in-depth attention given to the customer journey, aided by various entrepreneurs. The knowledge gained is summarized in the final report, which we are pleased to present here. We would like to express our gratitude to everyone who contributed to this project. In Phase 3, we will work towards the practical realization of the Company Passport. As before, we will continue to harness the power of innovation in the Netherlands to make the process of starting a business and engaging with other organizations safer and more straightforward. The final report will soon be published.