Explaining Verifiable Credentials (VCs) & Decentralized Identifiers (DIDs) - A comprehensive guide

Exciting developments are happening in the Web3 social space, and to build the envisioned metaverse, it's important to have the necessary infrastructure and tools, including on-chain identity verification.

It's crucial not to be left behind in this movement.

To learn more about the concept of Self-Sovereign Identity/Decentralized Identity powered by Blockchain technology, check out the first video. The goal is to have control and ownership of our identities.

Decentralized Identifiers (DIDs) are unique identifiers that enable users (individuals/entities/organizations) to have a decentralized digital identity that is cryptographically verifiable. Unlike centralized registries and certification authorities, DIDs are created and owned by users.

Verifiable credentials (VCs) are digital representations of physical and digital credentials that respect privacy and can be instantly verified using blockchain's digital signatures, which act as anti-tampering mechanisms.

This video is Part 2 of our series on Decentralized Identity, where we explain how Decentralized Identifiers, Verifiable credentials (VC), and blockchain tech are essential elements of Decentralized IDs.

Part 1- Intro to Decentralized Identity
Part 2- Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs)
Part 3- Verifiable Credentials (VCs) vs. Non-Fungible Tokens (NFTs)

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The information provided through this work is intended solely for educational purposes and must not be treated as investment advice. Any lapses in presenting any of the information correctly are ours alone. We disclaim any liability associated with the use of this content.