SAP Decentralized Identity Verification
Overview
Decentralized Identity Verification (DIV) enables seamless business collaboration across industries, regardless of company size or location to efficiently exchange trustworthy and verifiable data. The concept of self-sovereign identity (SSI) is redefining online trust that allows entities or individuals to have the sole ownership of their digital identity data and control their use without involving any intermediary.
Benefits
- Ready-to-run business wallet operated by SAP
- Integrated with Data Space Integration (EDC)
- Compatible with third-party platforms and software
- Enhanced Privacy: Users have full control over their personal data and who can access it
- Security: SSI uses digital signatures to ensure that personal information is secure and tamper-proof
- Decentralization: SSI allows individuals to manage their identity credentials independently of centralized authorities
- Efficiency: Organizations can issue and verify credentials quickly and cost-effectively
- Interoperability: SSI enables seamless verification of digital identities across multiple platforms and locations
Features & Technical Details
- A Wallet, which can receive and hold own Verifiable Credentials (VC)
- A Wallet Provisioning Service to setup a wallet for any customer
- An Issuer Service to issue and revoke any VC based schemas for VC types