NFTs Vs Verifiable Credentials
If you’ve used the internet in the past few week you’ve probably heard about NFTs (artist Beeple sold one for $69M!).
As Naval Ravikant describes it, “An NFT is a unique, on-chain token representing ownership of an off-chain asset.” In Beeple’s case, a digital artwork.
With all the hype, people started speculating about other possible use-cases for NFTs. Which led to the question: “Could NFTs be used for identity and/or access management?”
The answer may (not) surprise you.
If you’d like to find out, we recorded an on-demand webinar about:
- The differences between Verifiable Credentials and NFTs.
- What are they used for and what could they be used for?
- Where could the two converge?