There is a race to crack the most common encryption algorithms. The official estimation is that they are 30 years away from it (reduced from the original 100 years they provided only 5 years ago), so their progress is faster that they expected and this tech is now considered a weapon.

The country that gets there first will have a very valuable window of opportunity... It's a race.

It's called self sovereign identity. I'm working on it, it's a big change that may be accelerated by eIDAS.