Not only is the total addressable market so large, but with enabling a user to control their own data it gives them access horizontally and vertically between all types of use cases.
The 100s of services you've signed up for in a lifetime where you control nothing.
$Cheq
It is a necessity to pivot from this to enable revocation of your credentials, and reduce the risks that are traditional data bases, or honey pots for fraud.
We see this more and more!
It's not only SSI though, the technology behind it expands much further.
Ripple is testing a way for developers to deploy smart contracts made for the larger and more popular Ethereum on its XRP Ledger (XRPL) blockchain with little effort.
$Qnt $Btc $Eth $Xrp
“Our goal in 2023 is to have an EVM sidechain connected to the XRPL mainnet,” Ripple CTO David Schwartz told CoinDesk. “The bridge in the final solution will be decentralized and all components of the solution will be production ready to handle real world scale and use cases."
We’re a co-editor of the Verifiable Credential spec at the @w3c, which was approved as an official recommendation in 2019 .. also a co-author and co-editor of the Decentralized Identifier spec .. a co-chair of W3C’s DID and VC WGs