Verifiable Credentials seeks to eliminate the need to store your passwords and sensitive data on someone else's server. Instead, you would store a credential that lives on your device. So, instead of the identity provider being the source of truth for "are you who you say you are", you and your device are. The spec also allows for a couple of interesting privacy-preserving features. Say you have a student ID card that has your full name and ID number - By Matt Takemoto
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