What are the challenges of using blockchain for credential verification?
Some challenges include scalability, data privacy, and the need for standardization in credential formats.
How does scalability affect the use of blockchain in this context?
Scalability issues can lead to slower transaction times and higher costs, making it difficult to handle large volumes of verifications.
What about data privacy concerns?
Data privacy is crucial; sensitive information must be protected while still allowing for verification, which can be complex.
Are there any solutions being proposed to address these challenges?
Yes, solutions like off-chain processing and zero-knowledge proofs are being explored to enhance scalability and privacy.
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