What are VCOs?
VCOs, or Virtual Credential Organizations, are autonomous decentralized frameworks for building businesses on the KILT blockchain. A VCO is designed to do one thing – create digital credentials. Trust in the attesters issuing these credentials is generated by the users of the system. What makes the KILT VCO model revolutionary is that it allows the creation of a virtual structure that acts like a company; a commercial entity with no street address or bank account that can be customized and structured to comply with local regulations.