Compelling Use Cases for Verifiable Credentials
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Compelling Use Cases for Verifiable Credentials
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Welcome to "Micro-credentials in a Minute," produced by Micro-credential Multiverse.
In this episode, micro-credential and digital badge experts Rob Bajor and Allison Fromm (Proofspace.id) discuss some compelling use cases for Verifiable Credentials (VCs). Allison explains that VCs allow credential holders control over their data and provide a means for anyone to easily verify the accuracy of that data - without compromising security and privacy. The best use cases for VCs are when data holders regularly share their data, and others must verify its accuracy. For example, students need to share their credentials with recruiters, employers, and educational institutions, while specialized employees need to present their accreditation information to employers, regulators, and clients. Allison further highlights the power of VCs in the "issue once; verify repeatedly" model, eliminating the need to contact issuing organizations for sealed transcripts repeatedly. With VCs, the holder can control and present their credentials to anyone, while verifiers can have assurance over the data.
Tune in to learn more about the power of VCs in digital credentials.
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