Verifiable Credentials-Based Decentralized Master Data Management in Data Spaces

The importance of trustworthy, interoperable data spaces has become a strategic priority for business, administration, and research. Efficient master data management is a key prerequisite for their successful operation. However, increasing connectivity of heterogeneous actors, regulatory requirements, and high demands on data quality, data sovereignty, and transparency are pushing existing, centralized master data management approaches to their structural limits.