PLAUSIBLE & DIDs

PLAUSIBLE protocol & W3C DIDs

Decentralized Identifiers

The World Wide Web Consortium (W3C) Decentralized Identifiers (DIDs) are a new type of identifier that enables verifiable, self-sovereign digital identities. DIDs are fully under the control of the DID subject, independent of any centralized registry, identity provider, or certificate authority. DIDs are designed to be used with the DID Core Specification, which defines the essential syntax and features for creating, resolving, updating, and deactivating DIDs. Alongside the core specification, there are several related standards and specifications, including the DID Resolution Specification for the process of fetching a DID document, the DID Specification Registries for defining valid DID methods and extensions, and the DID Use Cases document that outlines practical applications and scenarios for DIDs. These standards collectively form the foundation for a decentralized identity ecosystem on the web.

PLAUSIBLE protocol, since version 4 is built on W3C decentralized identifiers standards. Verifiable credentials and utility NFTs are built on verifiable DIDs implementation based on PLAUSIBLE proposed adoption of W3C standards for Algorand blockchain: ARC13

Plausible's protocol is entirely decentralized, permissionless, and dynamic coming with comprehensive sets of features to provide all stages of VCs and Utility NFTs in one service!

PLAUS definitions:

1- Each Claimable dynamic unit of the PLAUSIBLE protocol is called PLAUS (An abbreviation derived from the Plausible Protocol name) 2- Each PLAUS is a vault and controller smart contract, generated per each PLAUS, and all tokens, NFTs, and Algos in it!