VCs & The Future of Identity
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Verifiable Credentials and Dynamic NFTs – Two Sides of the Same Medal

Combined Session
Wednesday, May 10, 2023 11:30—12:00
Location: C 01

NFTicket is a protocol, which combines the identification power of cryptographic wallets with those of Decentralized Identifiers (DID). We will present that there is functional equivalence of Verifiable Credentials (anchored by a DID) and Non-fungible Tokens (NFTs, anchored by a wallet).

More that showing, we will be introducing a protocol which implements this, so that verified DIDs can issue “business facts”, such as: vouchers, tickets, membership passes, cerificates of ownership – in short anything which can be expressed by Verifiable Credentials.
NFTicket does a bidirectional translation of this VC to an enhanced ERC721 NFT, such that the DID of the holder and the owner wallet of the NFT correspond 1:1 are linked through did:ethr.

We will demonstrate the application of this protocol based on a pilot we have implemented for NRverse.io. The Verifiable Credential in this case being Renewable Energy Certificates which are used to decarbonize events with a measurable carbon footprint.

Verifiable Credentials and Dynamic NFTs – Two Sides of the Same Medal
Event Recording
Verifiable Credentials and Dynamic NFTs – Two Sides of the Same Medal
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Verifiable Credentials and Dynamic NFTs – Two Sides of the Same Medal
Presentation deck
Verifiable Credentials and Dynamic NFTs – Two Sides of the Same Medal
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Dr. Harry Behrens
Dr. Harry Behrens
bloXmove.com
Harry is the CTO and co-founder of bloXmove and has been working in the software and internet industry for more than 20 years. He has been involved with the topic of blockchain and DLT since...
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