Self-sovereignty is a key objective of Web3. “Not your keys, not your crypto” is a common mantra. Verifiable Credentials (a W3C standard) are a way to bring this self-sovereignty to your identity and build digital attestations about oneself in order to access products and services.
These attestations take the form of Verifiable Credentials (VCs) which involve a credential: Issuer, Holder and Verifier.