Digital Wallet

Last Updated 05/23/2025
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Learn & Work Ecosystem Library. (2024). Digital Wallet. Retrieved 12 September 2026, from https://learnworkecosystemlibrary.com/glossary/digital-wallet/
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"Digital Wallet." Learn & Work Ecosystem Library, 6 September 2024, https://learnworkecosystemlibrary.com/glossary/digital-wallet/. Accessed 12-09-2026.
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"Digital Wallet." Learn & Work Ecosystem Library. 12-09-2026. https://learnworkecosystemlibrary.com/glossary/digital-wallet/.

In the learn-and-work context, typically refers to virtual spaces where individuals can store and share their academic and professional achievements. These are usually set up using a secure, blockchain-based system in which learners store their verified credentials, badges, industry certifications, and other educational records. It allows individuals to share their credentials with educational institutions, employers, or other stakeholders directly, without relying on traditional paper transcripts.

Related Terms:

  • Competency Passport: A record focused on documenting specific competencies and skills acquired by an individual.
  • Credential Wallet: Another term for a digital wallet that stores and shares credentials.
  • E-Portfolio/Digital Portfolio: Where learners showcase their work, learning experiences, and credentials in a way that is accessible to educators and employers.
  • Digital ID Wallet: A secure mobile app that digitally stores and manages personal information and identity. These credentials typically include IDs, passports, driver’s licenses, and other verifiable forms of identification. Unlike traditional identity systems that depend on centralized parties and external databases, digital ID wallets can store data directly on the user’s device, enabling individuals to determine what information to share, with whom, and under what conditions. This can ensure a higher level of privacy and security, as it minimizes data exposure and reduces reliance on third-party data storage.
  • Learning and Employment Records (LERs): Comprehensive digital records of an individual’s skills, competencies, credentials, and employment history that may be able to show a complete picture of an individual’s education and work experiences. They have the potential to highlight verified skills, reduce hiring biases, and match people to employment opportunities. A LER can document learning wherever it occurs.
  • Learning Passport: A record that documents specific competencies and skills acquired by an individual.
  • Learning Record Store (LRS): A system that stores and tracks learning experiences, typically used in conjunction with xAPI standards to collect and store learning data.
  • Microcredential Portfolio: A collection of small, verified credentials that certify the completion of specific learning or skill-based activities.
  • Skills Passport: A record that documents professional and vocational skills to make learning portable and verifiable, allowing easier transitions between education and the workforce.
  • Skills Wallets: Hold records of various skills earned over a lifetime of learning and work.

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