Verified ID Business Case: VC as payment method

TD;DR :megaphone: Announcement :megaphone: The Factorlabs Bank mobile :mobile_phone: application is now available. The primary purpose is to demonstrate the business cases for Verifiable Credentials. Visit the Factorlabs VC Bank on the Google Store at https://play.google.com/store/apps/details?id=eu.factorlabs.android.bank.wallet Details The Verified ID service was used to build a payment system. Big Picture Actors Bank Customer Uses Factorlabs VC Bank Application on the Android device. Can create a bank account. Can use bank account to pay via supported eCommerce websites. Bank System Can create a bank account for the customer. Can transfer money between accounts to support the payment process. Can return account balance. eCommerce Websites Can ask for the bank account number. Can receive the payment. Demo overview ...

September 9, 2024 · Mateusz Jendza

Entra Verified ID deep dive

History 2024-06-17: Added Wallet SDK Link & Sample Android Implementation. 2024-06-30: Small changes. 2025-07-23: fixed verified employee demo link and removed face check demo. 2025-07-27: Improved B2C and wallet example, improved structure. Entra Verified ID: Complete Guide with Hands-On Workshop Introduction In our digital world, identity verification remains fragmented across countless systems, creating security risks, privacy concerns, and user friction. Microsoft Entra Verified ID solves these challenges using W3C-standard Verifiable Credentials, enabling secure, decentralized, and user-controlled digital identity. ...

March 12, 2024 · Mateusz Jendza