The acquisition will enhance Prove’s mobile-based identity solutions by incorporating Portabl’s W3C standards-compliant approach to verifiable credentials. This alignment with W3C standards follows a broader industry trend toward standardized digital credentials. The combined platform aims to enable businesses to verify users, establish trust networks, and address emerging fraud threats. Portabl’s technology enables users to store verifications securely in a device-independent wallet, allowing them to share specific attributes and credentials as needed. This approach aligns with emerging digital identity wallet initiatives, such as the European Union’s cross-border digital identity wallet standards, and eliminates redundant verification processes while maintaining streamlined customer onboarding. i
Source: idtechwire.com