Re: Regarding Recovery of verifiable credentials

Shivam, you can also check out the extensive discussion of recovery in the DKMS
(Decentralized Key Management System) Design and Architecture V4 doc
<http://bit.ly/dkms-v4> at Hyperledger.

On Fri, Jun 28, 2019 at 6:54 AM Dave Longley <dlongley@digitalbazaar.com>
wrote:

> On 6/28/19 2:06 AM, sethi shivam wrote:
> > Hi Team,
> > Is there any way to recover my verifiable credentials?
> > If I lost my wallet?
>
> That depends on the wallet and its offerings. A wallet application that
> resides solely on your device (e.g., personal phone) may have a backup
> mechanism that, for example, relies on other agents under your control
> or influence. Web-based wallets can't really be "lost", but you could
> lose your keys or forget the secrets you need to able to access them.
> Both of these approaches may provide a mechanism for recovery.
>
> Users will inevitability lose things -- and we don't want their digital
> lives to be uprooted as a result. So we are working on developing
> standards such as Secure Data Hubs that will allow you to store your
> verifiable credentials and other data encrypted in the cloud. In
> addition, we are also working on a standard called "Web KMS" that can
> help you keep track of and protect your keys.
>
> Both of these technologies aim to help users shield themselves against
> "losing" their verifiable credentials and keys -- in a standard way so
> that applications can interop.
>
> > And if yes, then do I need to rely on the issuer for that?
>
> It depends. As noted above, there are technologies that can help without
> having to rely upon the issuer. There may be certain offerings or
> catastrophic scenarios under which you will have to go back to the
> issuer to be reissued verifiable credentials.
>
>
> --
> Dave Longley
> CTO
> Digital Bazaar, Inc.
>
>