TOPPAN and RaonSecure Test Cross-Border Verifiable Credentials
TOPPAN Group and South Korea’s RaonSecure are to conduct a joint proof of concept for the cross-border use of digital verifiable credentials.
The trial will involve students from Soka University in Japan and Chung-Ang University in South Korea. It will test the exchange and verification of academic credentials between the two countries. The credentials are expected to include documents such as enrolment certificates and academic transcripts.
Each technology provider will issue credentials for one university. The other provider will then verify the credentials through its own platform. This approach moves the trial beyond a closed demonstration within a single supplier’s system and into a test of whether independently operated credential platforms can exchange trusted information.
A verifiable credential is not simply a digital copy of a paper certificate. It contains structured information, known as claims, that is protected using cryptography. The issuing organisation signs the credential digitally. The holder can store it in a digital wallet, and a verifier can then check whether the credential is authentic and whether its contents have been altered.
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