Deep dive into Dock.io Technology
Deep dive into Dock.io Technology. Dock has built a secure, future-proof technology stack to create tamper-proof Verifiable Credentials, Decentralized Identifiers, and DApps for Decentralized Identity solutions.
Verifiable Credentials – leveraging the power of the Dock blockchain
Dock’s highly scalable Substrate-based blockchain specializes in issuing decentralized identifiers and cryptographically-signed Verifiable Credentials at a very low cost.
Furthermore, Dock’s groundbreaking blockchain technology is redefining how you trust data. It is an ideal infrastructure for a completely permissionless digital credential ecosystem enabling anyone to issue, store, as well as verify Verifiable Credentials and create Decentralized Identifiers (DIDs).
Moreover, the Dock blockchain forms the basis of trust by maintaining a verifiable registry of all DIDs, proof of credentials issued (if the credential is anchored), public cryptographic keys, and revocation registries. Its advanced architecture prevents unauthorized users from accessing or modifying any data in the credentials.
Credentials issued on the Dock blockchain are stores off-chain. Typically in a holder’s digital wallet app, along with the cryptographic key pairs. In addition, to ensure data privacy, the only data registered on the Dock chain are the issuer and holder’s DIDs, the Credential Schema (its “template”), and the Revocation Registries. The issuer may also record the hash of a credential on the Dock blockchain; this is called Anchoring.
Docking the Verifiable Credentials
- Identity Owners—Everyone who owns a Decentralized Identifier (DID) on the Dock blockchain.
- Issuers—Entities who cryptographically sign and issue Verifiable Credentials. The issuers put a cryptographic signature into the credential using their private key.
- Verifiers—Entities who verify the received presentations from the holder. They also require verification of certain conditions to engage, transact, or provide services to holders.
- Holders—The sole owner and the receiver of Verifiable Credentials from the issuers. However, holders can verify the authenticity of their received credentials and their revocation status anytime.
- Schemas—Defines what fields requires for the Verifiable Credential. They are also a useful way of enforcing a specific structure on a verifiable credential.
- PoE Anchors—Constitutes the credentials’ proof of existence that demonstrates that the credentials exist when the block containing the anchor creates in their original form (as reflected in the hash).
- Revocation Registries—A registry of IDs that contains no personal information, but is check whenever a Verifier wants to verify if a credential is revoking.
Certs – the first standards-compliant global application on the Dock blockchain
Certs offer a full-stack global standards-compliant Verifiable Credentials environment that harnesses the trusted storage, security, and cost-effectiveness of the Dock blockchain.
Decentralized Identifiers on the Dock blockchain: Web3 begins
Dock’s Substrate-base, interoperable and versatile blockchain is designed to provide a secure and scalable protocol. It is for businesses and developers to build Decentralized Identity solutions and DApps. Everyone using Web 3 will need their own Decentralized Identifiers (DIDs). The Dock blockchain serves as the entry point with a protocol layer for all things Web3.
ABOUT Dock.io
Dock provides a range of tools incorporating blockchain technology that enables businesses and developers to create verifiable credentials.
RESOURCES
Dock Technology
