A solution that uses blockchain-based underpinnings and cryptographic keys, to ensure that YOU are in control of your own identity online.
Owning your identity is more relevant than ever. In the digital environment, it’s hard to retain ownership of your identity once you’ve shared it.
Every time you give away personal information in exchange for a service — like bank account numbers, proof of education, or even employment, it’s now in the custody of those different institutions. You no longer control the data associated with them, and you can’t take it back.
Verifiable Credentials is one of the most exciting and transformative areas of innovation. Verifiable Credentials and Decentralized Identifiers help you share your verifiable credentials without giving up your privacy. No one company or institution can control or store your information centrally— you can revoke your verifiable credentials at any time.
Joy Chik, Microsoft’s Identity CVP, joins Jeremy Chapman to show you how it works and gives you the key steps to get up and running.
00:00 – Introduction
00:07 – New solution: Verifiable Credentials
01:39 – What is it, and how do things change?
02:16 – See how it all works
06:29 – Blockchain-based
08:04 – Get it up and running
13:26 – Where else are Verifiable Credentials applied?
14:08 – Links to learn more