Legacy Support: Need to bridge off-chain data such as credit history to on-chain to represent a full-er identit

...by using verifiable credential tools such as zero knowledge proofs, a subject can verify they possess personal data without having to publicly reveal it. In short, this wide range of possibilities means web 3.0 “wallets” are actually a very powerful identity regime, and we must think carefully about how we wield them

Web2 identity solutions are centralised. You give your identity data to third party providers. As a result, there is a security and privacy risk. With Web3, you would be the single owner of your identity data. Your credentials would be stored on-chain and validated once by credential verifiers. Third party services which want to verify your... See more