Building Trust Ecosystems Powered by Credentials
In todays digital world verifying and sharing credentials is complex for individuals and organizations.
Wipro Lab45 created Wipro DICE ID, a blockchain enabled platform to help issue and verify tamper-proof credentials with a vision to revolutionise credential exchange for a more trustworthy, inclusive digital society.
One Platform Manifold Applications
Wipro DICE ID is based on open standards and provides an elegant solution to support various industries
Preserve users’ privacy & confidentiality while sharing data.
Bring trust and transparency in the device lifecycle management.
Metaverse & Web 3.0
Create sybil resistant communities through pseudonymous identity for avatars.
Credentials are documents that can be used to prove who you are or what you are capable of. The problem of verifying and sharing credentials in a digital world is becoming increasingly complex, creating challenges for individuals and organizations. These challenges include the lack of trust in online credentials, the time and cost associated with manual verification processes, and the potential for fraud and misrepresentation.
Verifiable Credentials provide an elegant solution to these challenges. They are digital representations of claims about an individual or an entity that can be cryptographically verified by anyone. The need for VC’s came from the need to establish trust and identity in digital transactions using a privacy respecting method, where it is not possible to rely on availability of issuer for verification.