Verifiable credentials, also known as digital credentials or digital identity, are a powerful tool for businesses to enhance security, streamline processes, and improve trust.
Today, we use our digital identity at work, at home, and across every app, service, and device we use. It’s made up of everything we say, do, and experience in our lives—purchasing tickets for an event, checking into a hotel, or even ordering lunch. Currently, our identity and all our digital interactions are owned and controlled by other parties, sometimes even without our knowledge.