Microsoft Entra Verified ID, formerly known as Verifiable Credentials, is an advanced decentralized identity service developed on blockchain technology and adhering to open standards. This enterprise-grade solution allows the issuance and validation of workplace credentials, educational status, certifications, and other unique identity attributes within a secure global ecosystem. The primary focus of Verified ID is to establish trustworthy interactions between individuals, organizations, and entities, granting individuals full ownership and control over their identities. They can decide when and whether to provide or revoke access to businesses and services they engage with.
Advantages of Microsoft Entra Verified ID:
Streamlined Enrollment: Facilitates self-service enrollment and faster onboarding by validating identity information, reducing time-to-hire, and remotely verifying identity credentials for new hires.
Customizable Verification: Offers complete customization of vverificationactors, ensuring confidence in quickly verifying an individual's credentials and granting least-privilege access.
Simplified Account Recovery: Empowers users to manage their account and password recovery through self-service, saving time and resources for IT teams and enabling faster user reactivation.
Enhanced Data Control: Unlocks new experiences that prioritize user and organization data control, leading to increased trust and security for apps, devices, and service providers.
By leveraging Microsoft Entra Verified ID, businesses can elevate their identity management practices, streamline verification processes, and create a more secure and user-centric environment.
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