The key to unlocking the full potential (and successfully navigating) the metaverse and Web3 lies in verifiable data.
Individuals are represented by digital avatars – how do we know if these digital identities are truly who they claim to be?
“Data such as medical records, educational attainments, vocational qualifications, and other credentials that an individual may have, can help serve as personal data points that “prove” an individual is truly who they say they are.
Organisations can begin preparing by letting verifiable data drive their processes, it is what will power almost every transaction in Web3. By doing so, organisations will futureproof their enterprises by ensuring their processes, outputs, and ways of working, remain relevant and compatible with the new digital ecosystem.”
Read more in this article written by our founder, Zheng Wei Quah, CEO of Accredify: https://e27.co/web3-has-created-the-metaverse-but-how-do-we-navigate-it-20220308/