Blog article
See all stories ยป

Time for Micro-Credentials

Citizens - at home and at work - will get accustomed to get all sorts of credentials to their identity wallets. One important life event for the citizen at home is the job application and at work the need to find skills to employ or deploy.

The first step for education and qualification providers in all sectors is to deploy their own identity applications so that citizens can get their skill-credentials to their wallets in the same way from all sources. Providing the economy of repetition, economy of reuse and economy of trust. This will create a market for service providers specialising in helping citizens to deploy wallets, find existing credentials and with the help of AI locate opportunities for new skill credentials. With technology and markets leaping ahead with increasing speed it is obvious that a new approach is needed in education, research and on-the-job learning - the short courses leading to real-time issue of micro-credentials to the job applicants wallet for on-warding to the potential employer - without disclosing names, ages, sexes etc if not needed. 

At work citizens will ask if management and HR-organisations are up to speed. Do they have a real time view of what skills exist in the organisation? Do they know what is needed tomorrow morning and where it can be found? Is it economical or even possible to try to keep track of everything on their own? Are sector-specific skill-consultants the answer? Do sector-specific consultants have the now needed general purpose SSI-wallet skills - avoiding traps like credential-specific integrations? What kind of packages should be on offer to SMEs? If the accounting firms would not be so conservative and busy with manual work one could se an opportunity for them to start offering teams as part-time finance-, procurement, innovation-, resourcing-, HR-, regulation specialists - co-innovating with the many.. To me it appears clear that there is a big sleeping demand for generalists here. 


Comments: (3)

Raktim Singh
Raktim Singh - Infosys - Bangalore 04 January, 2024, 10:101 like 1 like

Very insightful and informative post. This is very much required now. The strange part is that today many tools are there, which can help you in knowing/ascertaining the credential as well as give total 360 degree view of a website ( Think of DA/PA score etc) or various index, which tells, how strong your social media profile is. But an individual doesn't have 'an identetity' which tells everything about him.  

Bo Harald
Bo Harald - Transmeri, Demos, Real Time Economy Program,MyData - Helsinki Region 08 January, 2024, 08:41Be the first to give this comment the thumbs up 0 likes

Thank you.  We are now moving to the SSI-based Trust Infrastructure were all My- also much Big data can be obtained for life events (building digital twins at home and at work) with the help of general purpose wallet applications at the issuer, at the holder and at the verifier

Bo Harald
Bo Harald - Transmeri, Demos, Real Time Economy Program,MyData - Helsinki Region 08 January, 2024, 08:45Be the first to give this comment the thumbs up 0 likes

And SSI is the very fundament for more productive, less energy wasting and by far more ethical AI - as ChatGPT also observed in my earlier post. For some reason not possible to copy-past link here - or pictures nowadays.. 

Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

Member since

04 Nov 2008


Helsinki Region

Blog posts




This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

See all

Now hiring