Verifiable Credentials: What They Are, Why They Matterby@brian-platz
549 reads

Verifiable Credentials: What They Are, Why They Matter

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

Decentralized identifiers (DIDs) can digitize the verification process with less risk to security than a paper or plastic document. Identity theft increased 46.4% between 2018-19. Verifiable credentials move beyond the need for a central authority will a new era of online trust, efficacy and even privacy dawn. The average organization pays $8.19M per data breach in the US, the average business pays $100,000-$500,000 in compliance with GDPR laws.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - Verifiable Credentials: What They Are, Why They Matter
Brian Platz HackerNoon profile picture

@brian-platz

Brian Platz

Co-CEO, Fluree PBC. Co-founder, Silk Road Technology.


Receive Stories from @brian-platz

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!