To develop the hidden talent of the organization Blockchain and self-sovereign identity play a very important role. The technology which has changed the way people communicate, learn, and work is Remote technology. This initiation of this technology came into existence before the Covid-19 pandemic, but due to this crisis, the potential and wide-scale capabilities of these remote tools have been expedited.
Since the global digital economy has started to expand on top of a vast internet universe, there will be a frictionless exchange between individuals, organization and devices will change to be a norm.
The ability to ensure security, trust, and ultimately transparency should be the essential one. The adoption of blockchain technology with the combination of self-sovereign identity(SSI) software, need to become a vital part of an organization’s software portfolio to achieve those capabilities.
There is some reason for self-sovereign identity is only possible through the blockchain. The self-sovereign identity which is the one blends the principle of identity data ownership and management with those technologies that help in the implementation of those principles. On occurrence with the increasing widespread in the adoption of blockchain, the users can store, share, and authenticate identity data and even third-party credentials on a secure, private platform. This reduces the use of federated and third-party identifiers which results in the fragmentation of an individual’s online identity. This will happen through using the combination of innovative technology and embracing self-sovereign identity which makes the organization capable of verifying credentials and be composed of trust and transparency in the core of digital learning skills development and work ecosystem.
For instance, if a person completes a degree to get a certificate, then a digital copy or verifiable credential might be stored in an identity wallet, that is nothing but self-sovereign identity. These credentials can be sent to any other entity, such as an employer, that can participate in a compatible self-sovereign identity system. This leads to the development of an ecosystem that is composed of verifiable credentials where the individual becomes the orchestrator and point of unification.
There will be an improvement in skills development in the future. In the part of post-secondary education, the work and the skill development will produce upon the entire universe of development of skills and resources for learning. The way of attaining to be a meaningful work will not be influenced by a sort of any educational institution, but it can be improvised by online and offline courses.
