Digital Bazaar and GS1 US® Collaborate on a New Proof of Concept Exploring the Intersection of Organizational Identity and Blockchain Technology
“The proof of concept is currently exploring cryptographically secure, digitally signed credentials for organizational identity proofing and vetting. This technology will potentially be critical to reconciling an organization, and its products’ physical and digital presence under one identity, creating more confidence in a product’s authenticity for supply chain partners and consumers.”
“Digital Bazaar benefits from this collaboration by further leveraging a global interoperable system of identification and transaction standards,” said Manu Sporny, CEO of Digital Bazaar. “With the advent of new technology standards like Decentralized Identifiers and Verifiable Credentials, organizations can now control their own digital identities, rather than relegating control to their vendors. This increases security, accuracy, and trust for all participants in the global supply chain.”
