📜 Verifiable Credentials

(How VCs work, W3C standards, global trust frameworks.)

📜 Verifiable Credentials – Trust That Travels With You

Verifiable Credentials (VCs) are digitally signed statements issued by trusted entities that allow individuals and organizations to prove claims about their identity, skills, or qualifications without revealing unnecessary personal information. VCs provide a tamper-proof, cryptographically secure method of verifying information across different platforms and jurisdictions.

Fairway Professional Credentials

How Verifiable Credentials Work

1. Issuance – A trusted entity (Issuer) digitally signs and issues a credential to a user’s digital wallet.

2. Storage – The user (Holder) securely stores the credential in their self-sovereign identity (SSI) wallet.

3. Verification – A verifier (Employer, Bank, Government) requests proof of specific information, and the user shares only the required details.

Key Features of VCs:

• Privacy-Preserving – Users can share minimal data through Selective Disclosure.

• Interoperable – Adheres to W3C Verifiable Credentials Standard, ensuring compatibility across platforms.

• Tamper-Proof – Cryptographic signatures prevent credential forgery or alteration.

• Cross-Border Trust – Supported by frameworks like EUDI, eIDAS 2.0, and EBSI.

🔗 Sources:

• W3C Verifiable Credentials Data Model: https://www.w3.org/TR/vc-data-model/
• European Blockchain Services Infrastructure (EBSI): https://ec.europa.eu/digital-building-blocks/wikis/display/EBSI