Interoperable and verifiable credentials for cross-border trade
- Past
- Confirmed
- Breakout Sessions
- Past
- Confirmed
- Breakout Sessions
Meeting
Parties such as Sellers, Buyers, Traders and Transport operators engaged in the trading of goods internationally work predominantly in digital siloed systems. These are typically laborious and expensive to connect and hence much of the time, trade takes place over paper or at best digital file formats that assure neither authenticity nor provenance. Additionally, they would benefit immensely from 2 functions of:
-
Enabling users to control commercially-sensitive information whilst not compromising the reliability of the Verifiable Credentials being presented, which is important in cross-border trade.
-
Enabling Verifiable Credentials to be paper-friendly in order to ease the transition to the digital medium by the paper-centric cross-border trade community.
Singapore’s Infocomm Media Development Authority will introduce TradeTrust as a framework for interoperable verifiable and transferable trade documents. TradeTrust is powered by OpenAttestation, an open-source technology framework created by the Government Technology Agency of Singapore (GovTech) for issuing verifiable documents. In production since 2018, besides for cross-border trade uses, OpenAttestation has been implemented in other domains such as academic credentials and vaccination certs.
Agenda
Chairs:
Rachel Yager, Kylie Goh
Description:
Parties such as Sellers, Buyers, Traders and Transport operators engaged in the trading of goods internationally work predominantly in digital siloed systems. These are typically laborious and expensive to connect and hence much of the time, trade takes place over paper or at best digital file formats that assure neither authenticity nor provenance. Additionally, they would benefit immensely from 2 functions of:
-
Enabling users to control commercially-sensitive information whilst not compromising the reliability of the Verifiable Credentials being presented, which is important in cross-border trade.
-
Enabling Verifiable Credentials to be paper-friendly in order to ease the transition to the digital medium by the paper-centric cross-border trade community.
Singapore’s Infocomm Media Development Authority will introduce TradeTrust as a framework for interoperable verifiable and transferable trade documents. TradeTrust is powered by OpenAttestation, an open-source technology framework created by the Government Technology Agency of Singapore (GovTech) for issuing verifiable documents. In production since 2018, besides for cross-border trade uses, OpenAttestation has been implemented in other domains such as academic credentials and vaccination certs.
Goal(s):
Share information, gather feedback, find like-minded partners to collaborate on a) using and possibly enhancing W3C verifiable credentials in support or cross-border trade and b) developing the relationship to OpenAttestation.
Materials:
Track(s):
- trust
Minutes
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