Together with the Chamber of Commerce and industry partners, Credenco is preparing a real-world pilot to test the exchange of digital KVK extracts. This is the first step towards a future where digital supplier onboarding is the norm. In this future, every critical supplier document – from tax compliance to insurance – is a secure, verifiable credential.Â
This positions government and trusted institutions as reliable issuers of digital assurance, reducing fraud, increasing trust, and improving efficiency across global supply chains.
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- A supplier wants to register on a staffing procurement portal. At least three parties are involved:
- Client (Buyer): The organization seeking staff.
- Broker (Intermediary): The party managing the procurement process and performing checks.
- Supplier (Service Provider): The company providing staff, required to submit proof documents.
- With verifiable credentials, the supplier instantly shares verified business extracts, tax compliance proofs, and insurance certificates. The broker and client can confirm authenticity in seconds – enabling frictionless, fraud-resistant supplier onboarding.