Common use of Verifying Clause in Contracts

Verifying. a process in which by reading from the Velocity Network distributed ledger, an Inspector who received a Verifiable Credential through Inspection, confirms that such Verifiable Credential was Issued to the Holder by a trusted authority, has not been tampered with or counterfeited, and hasn't been revoked.

Appears in 4 contracts

Samples: Velocity Network Foundation Organizational User Agreement, Velocity Network Foundation Organizational User Agreement, Velocity Network Foundation Steward Agreement

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