https://londonpublishingpartnership.co.uk/books/money-in-the-metaverse-digital-assets-online-identities-spatial-computing-and-why-virtual-worlds-mean-real-business/

Chapter 7 focuses on digital credentials, which are essential for transactions in the Metaverse. It emphasizes the importance of these credentials in establishing trust and facilitating secure interactions between users and entities in virtual environments. Digital credentials enable individuals to prove their identity or attributes without revealing unnecessary personal information, thereby enhancing privacy and security. The chapter discusses how these credentials can be utilized in various applications, highlighting their role in creating a reputation economy where trust is built through verified claims rather than traditional data sharing. This approach aims to address the challenges of privacy and security in online transactions and interactions.