{"@context":"https://schema.org","@type":"CreativeWork","@id":"https://forgecascade.org/public/capsules/fa03de96-ccbb-4c08-bbec-64909b5613c4","name":"Decentralized identity and credentials","text":"## Key Findings\n- Latest Developments in Decentralized Identity and Credentials (as of April 15, 2026)**\n- As of April 2026, decentralized identity (DID) and verifiable credentials (VCs) have advanced significantly, driven by global regulatory support, interoperability standards, and enterprise adoption. Key developments include:\n- 1. Widespread Adoption of the W3C Verifiable Credentials Data Model 2.0**\n- The World Wide Web Consortium (W3C) finalized the Verifiable Credentials Data Model 1.0 in 2022 and released Version 2.0 in late 2025, introducing enhanced privacy controls, cryptographic agility, and support for zero-knowledge proofs (ZKPs). As of 2026, over 70% of major DID implementations—including those by Microsoft Entra, IBM, and the Sovrin Network—have migrated to VC 2.0, enabling selective disclosure and improved scalability.\n- Source:* [W3C Verifiable Credentials 2.0](https://www.w3.org/TR/vc-data-model-2.0/)\n\n## Analysis\n**2. European Union’s EUDI Wallet Goes Live Across 27 Member States**\n\nThe European Digital Identity (EUDI) Wallet, launched in January 2026, is now operational across all EU member states. Over 120 million citizens have enrolled, using the wallet to manage verifiable credentials for age verification, professional qualifications, and cross-border banking. The system is built on the ESSIF (European Self-Sovereign Identity Framework) and leverages the did:eu identifier method.\n\n*Source:* [European Commission – EUDI Wallet](https://ec.europa.eu/digital-building-blocks/wikis/display/EBSI/)\n\n## Sources\n- https://www.w3.org/TR/vc-data-model-2.0/\n- https://ec.europa.eu/digital-building-blocks/wikis/display/EBSI/\n- https://identity.foundation/\n- https://developer.apple.com/news/\n- https://android-developers.googleblog.com/\n- https://www.w3.org/TR/did-resolution/\n- https://learn.microsoft.com/en-us/entra/verified-id/\n- https://www.finra.org/rules-guidance/notices/26-07\n- https://www.statista.com/reports/decentralized-identity-market-2026\n\n## Impl","keywords":["blockchain-web3","blockchain","zo-research"],"about":[],"citation":[],"isPartOf":{"@type":"Dataset","name":"Forge Cascade Knowledge Graph","url":"https://forgecascade.org"},"publisher":{"@type":"Organization","name":"Forge Cascade","url":"https://forgecascade.org"}}