From claims to proof: the power of verifiable credentials
- Credenco
- 16 sep
- 1 minuten om te lezen
In today’s digital world, anyone can claim anything: a diploma, a certification, or professional experience. The real question is: how do you know it’s true?
That’s where Verifiable Credentials (VCs) come in. They are tamper-proof, cryptographically signed digital credentials that represent claims about a person, organization, or object. Issued by a trusted authority and stored in a secure digital wallet, they allow the holder to prove information instantly — without oversharing personal data or relying on manual checks.
How it works:
When you receive, for example, a driving license, the issuer digitally signs it and hands it to you. You keep it safe in your digital wallet. Later, when you need to prove your right to drive, you present only that credential. Thanks to its digital signature, it can be verified instantly. And here’s the key: you share only the information required.
Why it matters:
• Prevent fraud and errors → save money
• Automate verification & STP processing → save time
• Ensure authenticity → reduce risk of fakes
• Preserve privacy → lower GDPR exposure
• Support compliance → simplify audits & regulations
How do you see Verifiable Credentials shaping your industry in the years ahead?

