Credentials issued today have to remain verifiable for years — sometimes decades. A safety ticket earned at age 24 might need to be confirmed at age 54. A professional licence issued in one province might need to be verified in another, long after the issuing body has evolved, restructured, or been renamed.
Any network that carries those credentials has to be around long enough, structured well enough, and accountable enough to deserve that trust. Credentialing authorities can't take that on faith. The organizations that issue credentials, the people who hold them, and the verifiers who rely on them all have legitimate questions about what keeps the network honest — today and over time.
That's why the governance of a credential network isn't a back-office concern. It is the product.