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Solution

Government

Governments are at the heart of digital trust and digital identity. Yet today, many permits, certificates, and registrations are still exchanged on paper or as PDFs – slow to process, costly to handle, and vulnerable to fraud. Why should a citizen wait weeks for a certificate, when the same proof can be verified in seconds with a verifiable credential?

The Opportunity

With the Business Wallet issuance service, the local government issues the business registration as a verifiable credential directly to the entrepreneur's wallet. When applying abroad, the entrepreneur shares this credential instantly with the foreign authority, which can verify authenticity within seconds. No paperwork, no waiting. Just trusted, fraud-proof exchange of government-issued records that accelerates business and reduces administrative overhead.

Why Credenco

With the Business Wallet issuance service, the local government issues the business registration as a verifiable credential directly to the entrepreneur’s wallet. When applying abroad, the entrepreneur shares this credential instantly with the foreign authority, which can verify authenticity within seconds. No paperwork, no waiting. Just trusted, fraud-proof exchange of government-issued records that accelerates business and reduces administrative overhead.

Partners

Partners & Demo's

Cost reduction

Lower administrative costs

Products and Features

A Story from Business Registration

An entrepreneur wants to register a new business across borders in Europe. Today, this often means printing out official extracts, sending notarized copies by post, and waiting weeks for manual checks by different authorities. Each document can be tampered with, each step adds delay.

With the Business Wallet issuance service, the local government issues the business registration as a verifiable credential directly to the entrepreneur's wallet. When applying abroad, the entrepreneur shares this credential instantly with the foreign authority, which can verify authenticity within seconds. No paperwork, no waiting – just trusted, fraud-proof exchange of government-issued records that accelerates business and reduces administrative overhead.

Benefits for All Stakeholders

  • Citizens get fewer forms to fill in, more control over their data, and a secure place in their digital wallet.
  • Businesses and organizations benefit from faster digital onboarding, instant trust, and strong fraud prevention. Think of a sports club that instantly checks a trainer's certificate, or a logistics company that onboards hundreds of drivers without weeks of waiting.
  • Governments lower administrative costs, speed up service delivery, and build greater trust in digital public services.

Building a Future-Proof Digital Ecosystem

By adopting digital credential issuance, governments create the foundation for a scalable ecosystem. In the near future, diplomas, licenses, and permits can all be exchanged securely through the same Business Wallet infrastructure. It's more than digitization: it's governments leading the way in building trust in digital identity at scale.

Check use cases

See how verifiable credentials are already being used in government, public services, and adjacent sectors.