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Announcing the Verifiable Credential Selector

Web 5 puts users in control of their own data. Right now your bank balance, credit card transaction history and the identity information on your utility bills are in dozens of databases owned by dozens of companies with dozens of terms of service you probably haven’t read.

The Verifiable Credential Selector (VCS) is an open source widget that makes it easy for you to gain possession of your data from Financial Technology (FinTech) apps. VCS uses Decentralized Identifiers and Verifiable Credentials so once you have control of your data, you can selectively share only what’s required - instantly rather than waiting minutes.

TBD Partners with Circle!

TBD and Circle are collaborating on a set of open standards and open source technologies aimed at enabling global-scale, mainstream adoption of digital currency in payments and financial applications. The first step of which will support cross-border remittances and self-custody wallets that can hold stablecoins.

What Are Verifiable Credentials

When you hear the term 'credential', what comes to mind? Is it a driver's license, passport, birth certificate, college degree, state ID? The common thread of these forms of credentials is that they are physical items, verified by recognized centralized bodies like a government agency or accredited university.

So how do credentials translate into the digital world where within a few clicks someone can make a fictitious identity? Introducing... verifiable credentials (VCs), a digitally signed electronic credential that follows an open standard that lets you create, own, and manage your credentials across a variety of platforms.

Web5 Roadmap

We’re committed to an open software delivery model and therefore want to share our roadmap to Web 5.

What is Web5?

Web 5 is a decentralized platform that provides a new identity layer for the web to enable decentralized apps and protocols.

In the current web model, users do not own their data or identity. They are given accounts by companies and their data is held captive in app silos. To create a new class of decentralized apps and protocols that put individuals at the center, we must empower them with self-owned identity and restore control over their data.