Micro-credentials in a Minute Episode 15: What Makes Verifiable Credentials so Powerful?
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In service to making the digital badge and micro-credential space more accessible to the broader community, the Micro-credential Multiverse team has launched a series of conversations with industry leaders in the space we’re calling “Micro-credentials in a Minute”.
Each episode of the podcast will be about a minute long and address critical questions on micro-credentials, digital badges, learning pathways, digital wallets, and more!
Introducing Micro-credentials in a Minute
Episode 15: What Makes Verifiable Credentials so Powerful?
Welcome to "Micro-credentials in a Minute," produced by Micro-credential Multiverse.
In this episode, micro-credential and digital badge experts Rob Bajor and Allison Fromm (Proofspace.id) discuss the power of Verifiable Credentials (VCs). They explain that while digital certificates or credentials are easy to forge and alter, VCs provide a means for anyone to quickly verify the accuracy of the data presented without compromising security and privacy. Schools can send VCs directly to the holder's digital wallet, allowing the holder to control their data and decide when and how much information to share. VCs represent a breakthrough in independently verifying the authenticity of a credential and promoting transparency and trust.
Tune in to learn more about the power of VCs in the future of digital credentials.
Guests
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Transcript
Micro-credentials in a Minute: What makes Verifiable Credentials so powerful?
Rob Bajor: Hi, my name is Rob
Allison Fromm: and my name is Allison and we are Micro-credential and Digital badge experts.
Rob Bajor: Thanks for joining me Allison, today we are going to talk about what makes Verifiable Credentials or VCs so powerful. So I know that, uh, you work with VCs with Proofspace . What do you think makes them so powerful, Allison?
Allison Fromm: Yeah, well, lots of schools issue all kinds of digital certificates or credentials, and generally these are PDFs that the learner can access through a link to a public database. But they're somewhat easy to forge and alter, and they don't provide so much privacy for the credential holder in all cases, since the data needs to be accessible in order to be verified,
Allison Fromm: But in contrast, schools can send verifiable credentials or VCs directly into the holder's digital wallet. Then the holder decides when to share their credential from their app and how much info they want to share.
Allison Fromm: Not only is the data secure, but the verifier can have complete confidence in the accuracy of the data that's presented. So VCs Verifiable Credentials allow credential holders control over their own data, and they provide a means for anyone to easily verify the accuracy of that data without compromising on security and privacy.
Rob Bajor: Yeah, that's a really powerful breakthrough in terms of independently verifying the authenticity of a credential and making sure that it aligns with (what) the individual, in this case, the verifier, is expecting. So I think that this is gonna be a real powerful win-win, for the future of transparency and trust, more importantly.
Rob Bajor: So thank you. That's a great answer.
Allison Fromm: Thank you.
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