Revolutionizing Digital Identity: How Verifiable Credentials Offer A New Era Of Privacy And Control
InfoQ, Tuesday, November 28,2023
Auth0 recently published an in-depth explanation of Verifiable Credentials (VCs). The article emphasizes the potential of VCs to transform how identities are managed online. It highlights the limitations of current identity systems and how VCs can address these gaps, particularly in allowing identity claims to be disclosed without issuers knowing, thereby enhancing privacy and control for users.
The authors estimate that governments are a crucial driver for implementing and adopting VCs:
"It is in governments' purview to do the absolute best they can to empower their citizens to live safe, effective and fulfilling lives, including online. VCs appear to be a great tool for it, and in fact governments are hard at work to bring the first truly impactful implementations into the world (Europe, the US, APAC). That might kickstart the flywheel that will enable all other players to come on board. Once that happens, it will likely happen all of a sudden. which is why it is really a good idea to stay up-to-date and experiment with VCs TODAY..."