Government
Transformation of Government effectiveness with a digital foundation of trust.
Governments are constantly seeking for new ways to revolutionize and unlock opportunities for new economic growth. With trusted digital networks in establishing confidence that residents and businesses which governments are interacting with, are who they say – they are.
By enabling constituents with digital Verifiable Credentials in the form of permits, licenses, registrations, identity documents, certificates, social security benefits, immigration and naturalization, green cards, citizenship, other records, governments are ensuring the advancement and mobility of residents, while having ways for further trusting and enduring digital relationships. This results in accountability, improved security, reduced fraud, and further drive administrative efficiencies.
Education
Students are empowered to showcase their accomplishments and provide instantaneous verification of their credentials.
Higher education institutions and training providers can now issue official Verifiable Credentials of transcripts, diplomas, micro-credentials, badges and other learning measurements in a digital trusted, transparent, tamper-proof, immutable, secure and in a verifiable format to Entrustient digital wallet holders: to own, manage, control, share, revoke, and ensure portability for verification anytime, anywhere on demand.
These Verifiable Credentials provided through a Self-Sovereign Identity blockchain, prevent credential fraud and allow employers to make more informed and timely decisions, that save job-searchers from redundant and time-consuming requests for college transcript, diplomas, and other credentials, along with job employment verification.
Future of Work
Entrust the workforce for gainful upward mobility.
Job seeking candidates are empowered to utilize their skills, certifications, professional licenses, and achievements in a contactless digital manner with potential employers. Candidates with digital wallets receive verifiable educational and professional credentials from issuers in a secure, immutable and tamper proof manner.
Credential owners can apply for employment by sharing the whole, or partial attributes of their Verifiable Credentials with potential employers, who then could instantly gain access to verified information in making a quick and efficient informed decision. As a result, reducing costs from traditional job screening processes and closing applicants quickly.
Civic
Trust of citizen records.
An important function of government is to maintain trusted information about individuals, organizations, assets, and activities. Local, regional, and national agencies are charged with maintaining records that include birth certificates, marriage certificates, death certificates, voter registration, land transfer deeds, business licensing, wills, trusts, inheritances and others.In many cases, these documents are often used as proof of citizenship in most countries.
Managing and using these data proofs can be complicated, even for advanced governments. By utilizing Verifiable Credentials, governments can provide citizens a digital issuance of authorized documents that can provide anyone instantaneous authentication and simplify a number of dealings between the citizen and institutions.
Travel
Seamless cross-border travel.
The travel industry has been seeking new digital credential methods for replacing traditional physical identity documents for: onsite passenger check-ins, travel loyalty cards sign-ups, passports, travel visas, boarding passes, health document checks and baggage claims, customs. Digital credentials can be extended to car rentals, hotel check-ins, theater tickets and more, making the passenger’s journey effortless.
The COVID-19 crisis has exacerbated the need for effective screening and seamless movement across airports and borders, making Self-Sovereign Identity more essential than ever. Document Issuers can now provide digital equivalents in the form of Verifiable Credentials, reducing the need to present physical documentation, hence moving the industry towards contactless documentation presentation.
Health
Providing identity verification and medical proof of compliance at any time.
Healthcare providers can now issue digital records in the form of Verifiable Credentials for credential owners to share with: physicians, patients, travel authorities and any other intended party to satisfy verification requirements.
Now with a simple scan of a QR code, credential owners can present only required attributes of medical credentials which will provide proof of authenticity to any recipient’s requirements: like proof of compliance of medical vaccinations, passing physical examinations, disability benefits, worker compensation, prescriptions, lab test results, returning-to-work certificates and other similar cases.
Financial Services
Regulatory compliance & ease of use all-in-one solution.
Applications of self-sovereign identity in financial services have demonstrated how decentralized identity can make it easier for customers to sign up and onboard for new accounts openings extremely fast for financial products, while maintaining a high level of fraud and anti-money laundering (AML) protection and reducing compliance costs for the institution. Using Verifiable Credentials which could be stored on the credential holder’s phone, with having the power to accept or reject requests to share data right from their phone anytime.
Self-sovereign identity enables consumers to retain greater control over their personal information, by providing the ability to share only the information they choose to share, rather than all of the information on their ID and personal documents. This provides a proof to any verifier the authenticity of the credential, without going to intermediate authorities for validation.