Ruairi Ó Murchú (Louth, Sinn Fein) | Oireachtas source

That is brilliant. In a perfect world, then, everything would get sorted out between the individual member states and the Commission and the digital wallet would be ready to go. People moving to Spain, for example, or elsewhere, will be facilitated in opening bank accounts. Like any good system, it would then be assessed and reviewed six months later and any required fixes will be undertaken. That makes complete sense.

Ms McCabe and Mr. Lowry mentioned that there are only two trust providers within the State now. ComReg is likely to be the supervisory body. There may be issues with an over-reliance on the private sector. This point brings us back to the information security scenario and how it is foreseen that that aspect will be dealt with. I do not suppose that it is beyond our ability to employ software engineers and designers to ensure that we can come up with something that does the business, even if that involves using an outside firm. I imagine there would be some capacity in that regard because there is no shortage of such firms in the State. I ask Mr. Lowry to respond to those points.