Verification is a process that is currently used “loosely” on the Internet.  We enter usernames and passwords regularly into apps and websites to get access, but rarely is this information “verified”.  In other words the site or app itself doesn’t know if the login and access password is actually being provided by YOU.

Physical controls are usually used to imply verification.  If you hold your credit card in your hand at the checkout, the clerk and machine presumes that you are the owner and that the pin (password) that you enter is also yours.  So the cookie that is contained on your computer or smartphone is again verification of your identity since the presumption of possession of the device implies ownership.

Watch for more on verification in 2015!

Source: Will Twitter let users pay for verified accounts?

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Thanks to Mashable