Kredential

Automatically verify credentials to prevent fraudulent claims. Advanced cryptography is utilised to verify the authenticity of the credential, the issuer and the holder. Prevent the misuse of credentials with easy-to-use revocation features; while safe in the knowledge that the underlying blockchain technology provides an immutable record of the data that prevents users from tampering with or altering credentials.

Give users more control over their credentials and place the burden of data ownership back into the hands of users. Verifiable credentials empower individuals by giving them control over their personal information, allowing them to control when and how they share their personal data — while also allowing them to selectively disclose specific attributes without exposing their entire data set. Organisational liability is reduced along with the need to store or delete personal data according to data protection regulations.

The manual verification of credentials is not only time-consuming but also costly. By automating these processes, Verifiable Credential Solutions can drastically reduce the time, cost and resource that is spent on verification of identity, access and more. With fast and easy verification of a wide range of credentials, the operational costs related to KYC, access management, compliance and more can all be reduced by utilising a verifiable credential solution.

As credentials are automatically verified, data can be trusted as valid, meaning your team can immediately act on the data presented without the need for multifactor authentication or other manual checks —  saving time and increasing operational efficiency.