Verifiable Credentials Using Blockchain | Digital Identity | Microsoft Ignite 2020

A solution that uses blockchain-based underpinnings and cryptographic keys, to ensure that YOU are in control of your own identity online. Owning your identity is more relevant than ever. In the digital environment, it’s hard to retain ownership of your identity once you’ve shared it. Every time you give away personal information in exchange for a service - like bank account numbers, proof of education, or even employment, it’s now in the custody of those different institutions. You no longer control the data associated with them, and you can’t take it back.
Verifiable Credentials is one of the most exciting and transformative areas of innovation. Verifiable Credentials and Decentralized Identifiers help you share your verifiable credentials without giving up your privacy. No one company or institution can control or store your information centrally- you can revoke your verifiable credentials at any time.
Joy Chik, Microsoft’s Identity CVP, joins Jeremy Chapman to show you how it works and gives you the key steps to get up and running.
► QUICK LINKS:
00:00 - Introduction
00:07 - New solution: Verifiable Credentials
01:39 - What is it, and how do things change?
02:16 - See how it all works
06:29 - Blockchain-based
08:04 - Get it up and running
13:26 - Where else are Verifiable Credentials applied?
14:08 - Links to learn more
► Link References:
To learn more and get all of the tutorials, go to aka.ms/DIDForDevs.
Download the Verifiable Credentials SDK and create your own DID at aka.ms/VCSDK.
Keep up to date with our Decentralized Identity blog at aka.ms/IdentityBlog/DID.
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#Microsoft #MicrosoftIgnite #VerifiableCredentials

[@robertlucas1952]

How can we get more information on block chain and is it being used today?

[@MSFTMechanics]

Check out aka.ms/DIDforDevs for even more technical info and links to the SDK

[@fallinginthed33p]

Good potential for electronic healthcare records too. You don't want your private medical data being accessed and shared by companies without your knowledge and approval.

[@raiden72]

Diebold should use this in election voting

[@celcome2225]

Love your dog.

[@richardsmithers5868]

The US Department of Education or the accreditation institutes for the colleges need to implement this for verifying college degrees/certificates nationwide in the U.S. There should be one system developed by the department or the accreditation institutes for colleges nationwide.

[@DerekGabriel]

This is amazing!

[@sopota6469]

Is blockchain still a thing?

[@MSFTMechanics]

Yes! It's key to decentralized verification of transactions