Digital wallets play an essential role in decentralized identity systems by providing a secure and user-friendly way for individuals to manage and interact with decentralized identities.
Digital wallets act as a repository for storing and managing DIDs associated with an individual. The wallet keeps track of the user’s DIDs and provides easy access for their use in various identity-related interactions.
Digital wallets also enable the storage and management of verifiable credentials associated with a user’s decentralized identity. Users can receive, view, and store their verifiable credentials, such as educational degrees, certifications, or personal attributes, within their wallets. The wallet then provides an interface for users to organise and selectively present these credentials when needed.