Trust Registries
Trust registries are decentralized databases that maintain information about trusted issuers and their verification schemas. They allow verifiers to look up whether a particular issuer is authorized to issue certain types of credentials.
In a complex financial ecosystem, these registries provide a common source of truth for the legitimacy of credentials. They prevent fraud by ensuring that only recognized and vetted entities can provide credentials that are accepted by protocols.
This creates a structured and reliable environment for decentralized identity verification, enabling scalable and secure cross-protocol interactions.