@ozimiyaki
GM Pals! O.O
The first time I saw this picture, I was very confused about how to understand it. But let me try to explain it in a very simple way.
The image explains how user identity data is created, stored, and shared with other parties in a secure and controlled manner.
1. User & Wallet
First, there must be a user, and usually users have a wallet that is used for authentication. In addition, there is a public key that functions to encrypt data.
2. Attributes (Identity Data)
Users definitely have attributes, which serve to describe them, but these are not automatically shared with anyone.
3. Credential (Proof of Identity)
Credentials are created from attributes. Credentials can be considered as digital documents that prove something about the user, are encrypted, signed by the KYC provider, and remain linked to the user.
Next👇