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VC Wallets and their role in a secure financial economy

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Affinidi
Nov 15, 2021

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Going from 0 to 60 in user research testing as a product designer was a daunting task — especially in a realm I was still just learning about (designing for accessibility). In this post, I’ll share how I leveraged user testing with people using assistive technologies — which let me improve Shopify Email by gaining first-hand feedback at every stage of the design process — and suggest a template you can use to plan your own user tests. Taking the time to integrate inclusive user research, beyond just applying “best practices,” is invaluable to ensure products can be used by a broader audience. The hardest part is just getting started.

locals {
  account_id       = "423240840743"
  environment      = "stg"
  vpc_name         = "affinity-staging-vpc"
  eks_cluster_name = "staging-eksCluster-5a93312"
}```

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# What’s exciting about verifiable credentials?

Not many people today understand the importance of taking ownership of their data. But that could change over the next decade, as privacy would be the most important commodity.
As people travel more, they tend to use their data across borders, and it becomes necessary to be able to use it safely and securely.
In the EU, we have the eIDAS, which is a regulation for verifying the identity of individuals online through electronic documents.
So, I was born and brought up in Ireland and when I go to Italy or Spain or any other country that’s a part of the EU, I don’t have to bring my health data, tax credits, passport, or any other document as my identity, thanks to eIDAS. Imagine the convenience that comes with it! And that’s just from the consumer side.

As for Enterprises, when their consumers bring in data from other organizations in a secure way, it saves them time and money, besides increasing transparency.
This means verifiable credentials would make it easy for entities to trust data even on anonymous profiles and it can be massive for economies moving forward because an organization doesn’t necessarily have to know a person, just his or her data for processing. This is possible through verifiable credentials and that’s what makes it so exciting.
There are undoubtedly a lot of opportunities, provided we can resolve a couple of issues first.
One issue is there must be many applications for end-users. Having an identity on a network is kind of useless unless there are a ton of applications that can be accessed with that identity. So, we should be watching this space, especially blockchain, decentralized identity, and verifiable credentials for any developments that can be leveraged.


### How do you see VCs and SSI evolving in the next five years or so?
 
Not many people today understand the importance of taking ownership of their data. But that could change over the next decade, as privacy would be the most important commodity.
As people travel more, they tend to use their data across borders, and it becomes necessary to be able to use it safely and securely.
In the EU, we have the eIDAS, which is a regulation for verifying the identity of individuals online through electronic documents.
So, I was born and brought up in Ireland and when I go to Italy or Spain or any other country that’s a part of the EU, I don’t have to bring my health data, tax credits, passport, or any other document as my identity, thanks to eIDAS. Imagine the convenience that comes with it! And that’s just from the consumer side.

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