Electronic Transferable Records: Implemented Using Transferable Verifiable Credentials
- Past
- Confirmed
- Breakout Sessions
- Past
- Confirmed
- Breakout Sessions
Meeting
The presentation will share how Verifiable Credentials can be coupled with other decentralised technologies to implement the transferability feature of Electronic Transferable Records (ETRs). ETRs represent a digital evolution of traditional paper-based records, enabling instant, secure and easily verifiable electronic transactions. By leveraging transferable verifiable credentials, ETRs ensure the authenticity, integrity, and traceability of information throughout its lifecycle. Attendees will learn how TradeTrust (a freely available digital public good) uses these technologies to achieve trusted interoperability, with examples of use cases and the impact on various industries.
Agenda
Chairs:
Rachel Yager
Description:
The presentation will share how Verifiable Credentials can be coupled with other decentralised technologies to implement the transferability feature of Electronic Transferable Records (ETRs). ETRs represent a digital evolution of traditional paper-based records, enabling instant, secure and easily verifiable electronic transactions. By leveraging transferable verifiable credentials, ETRs ensure the authenticity, integrity, and traceability of information throughout its lifecycle. Attendees will learn how TradeTrust (a freely available digital public good) uses these technologies to achieve trusted interoperability, with examples of use cases and the impact on various industries.
Goal(s):
We aim to achieve:
- Awareness: To raise awareness among W3C members about the benefits of digitalising transferable instruments and applicability of ETRs;
- Alignment: To share latest information on related discussions happening at other international forum as the global trade community marshals around a freely-available and neutral standardized framework for ETRs. This would help ensure interoperability across different systems and platforms, making it easier for organisations to advance to digital trade practices.;
- Collaboration: To foster collaboration and discussions among industry experts and organizations, leading to collective efforts in spearheading innovation efforts.
- Feedback: To gather feedback from the W3C community on the importance of the transferability feature to them.
Materials:
Track(s):
- Wallets
Minutes
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