Trust Registry

A trust registry is needed to ensure that, when transacting, all parties can trust each other’s identities. For example, when a user presents a digital credential, the verifier can check from the trust registry that the organisation issuing the credential is authorised to do so.

Findynet offers a trust registry that enables actors within the trust ecosystem to verify who has issued a credential and whether they are a trusted issuer.

Verifying an issuer’s rights is particularly important in situations where only certain entities are authorised to issue specific credentials, such as in healthcare, banking, or authorities.

In other scenarios, the trust registry helps ensure that the credential has been issued by the correct organisation within the trust ecosystem and that the credential has not been forged.

How is the Trust Registry Used?

Registration: Organisations belonging to a specific trust ecosystem are registered in that ecosystem’s trust registry. This involves recording their details and their rights to issue certain digital credentials in the registry. The trust registry is maintained by, for example, a supervising authority or another entity authorised by the trust ecosystem.

Credential Verification: When a user presents a digital credential, the verifier can use the trust registry to verify that the issuer is indeed who they claim to be, and that they are authorised to issue that specific digital credential. This is done by checking the issuer’s details in the trust registry.

Updates and Maintenance: The trust registry is continuously maintained to ensure it is up-to-date. Organisational details can change, and new organisations can be added to the registry.

Want to know more?

We are happy to tell you more about our trust registry, its benefits for business and how it works technically. Book an appointment for a chat to find out more about our solution.

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