5/2/2023 0 Comments Whats a dock itIn Dock, you are allowed to create and issue a verifiable credential with supplied data. Blockchain credentials are very hard to fake or modify, and they are simple to verify. It’s important to understand that a digital credential is proof of qualification, competence, or clearance that is attached to a person and that it proves something about its owner.ĭigital badges help control your digital identity by bringing the important data that describes you together in a single place and give you the ability to speak a global, common language of verified skills, learning, accomplishments, and status.īlockchain Credentials are credentials that have been recorded on the blockchain to increase security and fraud prevention. Some examples of a digital credential would be a digital driver’s license or passport, concert tickets, an association membership card, training completion certificates, an employee of the month award, and many other types of records and achievements. They can visually represent an individual’s skills, abilities, and accomplishments and are verifiable- establishing a trustworthy reference point with whoever is viewing them. A digital credential is a significant improvement to a physical credential. The main feature of the project is verifiable credentials (VC). Besides, the Dock project has the real potential to become a helper at your organization. The unfortunate truth though is that a majority of this is marketing noise that overpromises and underdelivers. To identify where true innovation is occurring you have to look a little deeper. Many apps and digital products on the market promise to improve your organization in incredible ways. Why the Dock Network can be useful?Īs large parts of our lives now take place in the digital world we are relying on our digital identities to represent ourselves to others. The Dock network started with a Proof of Authority (PoA) network and therefore the block production algorithm in this phase was Aura, which was transitioned to a Proof of Stake (PoS) consensus.ĭock ecosystem stakeholders consist of identity owners, issuers, revocation authorities, holders, verifiers, validators, and governing council. It finalizes chains rather than individual blocks and offers provable finality. The finality is achieved through a finality gadget called GRANDPA (GHOST-based Recursive ANcestor Deriving Prefix Agreement). What is the Dock Network?ĭock is built on Substrate and uses the consensus mechanism offered by Substrate which is a hybrid as it separates block production and finality and achieves them through different methods. In this article, you will find out what the Dock Network is and why it is so important to the blockchain industry. The Dock Network has become a complete solution to create decentralized identities (DIDs), build, manage and present credentials.
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