Trust Networks
Ecosystems use Verana to enforce the rules of their governance frameworks and exchange verifiable data with confidence.
What is a Digital Trust Ecosystem?
A digital trust ecosystem is an interconnected community of institutions and individuals who share an ecosystem governance framework (EGF) and use both technology and human rules to exchange verifiable data in a trustworthy way.
Verana is the rail system that ecosystems use to build and run their trust networks, enforcing the rules they define in their EGF.
Ecosystem Example
How universities could form the Utopia University Association ecosystem to manage diploma issuance in a trustable and verifiable manner.
Create Ecosystem Governance Framework
They create an ecosystem governance framework (EGF): a legal framework that defines the purpose of the ecosystem, in this case, the rules for issuing and verifying university diplomas of the country of Utopia.
Enforce Governance in Verana
In Verana, this governance is enforced by creating the ecosystem’s trust registry and related assets:
Credential Issuance Verification
Once onboarded, universities can issue verifiable diplomas, and employers can request them directly from graduates, ensuring authenticity, integrity, and trust.
Universities
Issue verifiable diplomas to graduates
Graduates
Hold and present credentials to employers
Employers
Verify credentials with confidence
Who Can Create or Join an Ecosystem Trust Network?
Anyone can build an ecosystem. It’s particularly suited for organizations that need to establish trust and verify credentials across their networks.
Governments
Issue and verify digital IDs, business credentials, regulatory licenses.
Healthcare
Manage professional certifications, patient access, cross-border mobility.
Telecommunications
Verify customer onboarding (KYC), issue proof of mobile phone number, proof of address.
Banks & Finance
Establish verified credit, KYC/AML compliance, and financial trust frameworks.
Education
Issue diplomas, professional training certificates, and lifelong learning credentials.
Certification Bodies
Issue and verify trade skills, professional certifications, and manage cross-border recognition.
…and countless others.
Privacy-Preserving Business Models
Verana empowers ecosystems to design and enforce privacy-preserving business models for their trust networks, defining who pays, when, and how rewards are distributed among participants.
Flexible Payment Models
Business models are fully customizable, enabling ecosystems to tailor incentives to their unique needs while ensuring fairness and transparency without exposing sensitive data.
Credential holders pay issuers to be verified and obtain a credential.
Issuers pay the ecosystem owner when issuing credentials.
Verifiers pay both the issuer and the ecosystem owner when requesting credential presentations.
Rewarding User Adoption
A percentage of all fees is automatically distributed to Verifiable User Agents (VUAs), ensuring wallets, apps, and browsers that power user adoption are rewarded too.
Ready to Build Your Trust Network?
Start creating your ecosystem today and join the future of verifiable digital trust.