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DIDs are decentralized, portable identifiers that are not tied to any centralized registry or identity provider. Instead, they pertain to the owner or subject and are registered in a Distributed Ledger Technology (DLT) or Blockchain. In an SSI ecosystem, Issuers, Users, and Verifiers are all represented by one or more DIDs.
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What are Verifiable Credentials (VCs)?
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Think of your passport in a secured, digital ID wallet that you can use to travel, or a digital academic diploma that you can use to apply for a job application without having to personally request the university’s administration to issue an “authentic version” every time a new entity requests it from you. Goodbye administrative headaches!
More on Verifiable Credentials here:
The role of Blockchain and Distributed Ledger Technologies (DLTs)
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