Hi all, I just submitted a first Markdown version of the position paper: The Semantic Supply Chain: A Comparative Risk Analysis of Credential Meaning Distribution in W3C VCDM, SD-JWT VC, and ISO mdoc The paper argues that the real issue is uncontrolled semantic resolution. This applies across credential formats: JSON-LD @context, SD-JWT VC vct and Type Metadata, mdoc namespaces, rulebooks, registries, and local verifier configuration. The paper compares the formats across governance, integrity, operational, privacy, and issuer-authorisation risks. It also explains why simple attribute credentials may fit SD-JWT VC or mdoc well, while semantically rich enterprise KYC, DPP, supply-chain, Industry 4.0, and trusted-AI credentials need explicit and standardised semantic models. The rationale is to motivate, support and guide the development of a HAIP4W3CVC profile for high-assurance W3C VCDM credentials in the European Business Wallet context. <https://github.com/eu-business-wallet/haip4w3c/blob/main/semantic-supply-ch ain-analysis.md> haip4w3c/semantic-supply-chain-analysis.md at main · eu-business-wallet/haip4w3c Best, Carsten -- Spherity GmbH <https://www.spherity.com/> | Emil-Figge-Straße 80 | 44227 Dortmund LinkedIn <https://www.linkedin.com/company/spherity> | YouTube <https://www.youtube.com/@spherity2407> Managing Directors: Dr. Carsten Stöcker, Dr. Michael Rüther Registered in Dortmund HRB 31566