Announcement Overview
VESS Labs Inc. (Headquarters: 1-23-14 Jinnan, Shibuya-ku, Tokyo; hereinafter "VESS") is pleased to announce that all of its products now officially support the final versions of the international standard specifications for the issuance and presentation of Verifiable Credentials (VC): "OpenID for Verifiable Credential Issuance 1.0 (OID4VCI)" and "OpenID for Verifiable Presentations 1.0 (OID4VP)".
Background: from Draft to Final International Standard 1.0
After years of global validation and updates as draft versions, the OID4VCI and OID4VP specifications were finally released as official version 1.0 at the end of last year. This establishes a globally common standard for the basic data exchange of VC issuance, holding, and presentation.
Currently, digital wallets and identity infrastructures worldwide, including the EUDI Wallet (European Digital Identity Wallet) being socially implemented in Europe, are being developed based on this 1.0 specification. By quickly aligning with this official international standard, VESS Labs ensures robust interoperability with diverse ecosystems both domestically and internationally.
Three Products in the VESS Ecosystem Now Compliant
With this update, the following products are fully compliant with version 1.0:
VESS Wallet (Holder Wallet App): A mobile wallet app that allows general users to securely receive, manage, and present VCs. It complies with the latest 1.0 specification and enables secure collaboration with various issuers and verifiers.
VESS Wallet SDK (SDK for Wallet Apps): A developer toolkit to quickly integrate VC management and presentation functions into your own apps. This update enables developers to easily implement wallet functions compliant with the 1.0 specification.
VESS Credentials (Issuer/Verifier Dashboard): A no-code/low-code dashboard for unified management of VC issuance and verification. It allows secure VC issuance and privacy-conscious data verification in line with the international standard 1.0.
Benefits of Using the VESS Ecosystem
Low-cost compliance with international standards: Eliminates the need to design, develop, and maintain complex and latest international specifications (1.0) in-house. By leveraging VESS products and SDKs, development costs and time are significantly reduced while deploying world-class infrastructure.
Global interoperability: Compliance with the same standards as advanced digital identity systems (e.g., EUDI Wallet) enables flexible adaptation to future cross-border use cases.
Future Outlook
Rapid response to specification updates: VESS Labs will continue to quickly follow and adapt to future updates of international standard specifications, staying ahead in the rapidly evolving decentralized identity (DID/VC) field and providing cutting-edge, secure environments for users and client companies.
【About VESS Labs Inc.】
Company name: VESS Labs Inc. Location: Regus Shibuya Park Avenue Center, 1-23-14 Jinnan, Shibuya-ku, Tokyo Representative: Representative Director Kentaro Fujimori Mission: "Create a society where everyone owns their digital identity and creates new value through trust." VESS Labs operates a platform that supports the issuance and sharing of "trusted proofs" using Decentralized Identifiers (DID) and Verifiable Credentials (VC). It provides "VESS Credential" for enterprises and municipalities to verify and issue digital certificates, and "VESS Wallet" for individual users to securely hold and present certificates. For inquiries about VESS products and decentralized identity solutions, please contact via the website below. Website: https://www.vess.id/
FACT BOX
- Source: PR TIMES
- Category: New Product
- Products / services: VESS Wallet / VESS Wallet SDK