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Fix typos in standards.md
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MattDodsonEnglish authored and dlongley committed Nov 27, 2023
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The Credential Handler API (CHAPI) was originally described in a draft report for the [W3C Credentials Community Group](https://www.w3.org/community/credentials/). It is being developed now as a ready-to-use API, libraries, and as integration documentation. This work supports the W3G CCG's mission to explore the technologies and use cases involving [Verifiable Credentials](https://www.w3.org/TR/vc-data-model-2.0/#dfn-verifiable-credential).

## Verifiable Credentials
A [Verifiable Credential](https://www.w3.org/TR/vc-data-model-2.0/#dfn-verifiable-credential) is a set of digital _claims_ stated by an _issuer_ about a _subject_. The [Verifiable Credentials Data Model](https://www.w3.org/TR/vc-data-model/) recommendads a standard digital format for Verifiable Credentials on the Web - so that digital credentials can be easily issued, presented, and verified by anyone - while preserving the privacy of the parties involved.
A [Verifiable Credential](https://www.w3.org/TR/vc-data-model-2.0/#dfn-verifiable-credential) is a set of digital _claims_ stated by an _issuer_ about a _subject_. The [Verifiable Credentials Data Model](https://www.w3.org/TR/vc-data-model/) recommends a standard digital format for Verifiable Credentials on the Web - so that digital credentials can be easily issued, presented, and verified by anyone - while preserving the privacy of the parties involved.

A wide variety of [Verifiable Credentials Use Cases](https://www.w3.org/TR/vc-use-cases/) are emerging, as users and organizations move more of their everday activities online.
A wide variety of [Verifiable Credentials Use Cases](https://www.w3.org/TR/vc-use-cases/) are emerging, as users and organizations move more of their everyday activities online.

> From educational records to payment account access, the next generation of web applications will authorize entities to perform actions based on rich sets of credentials issued by trusted parties. Human- and machine-mediated decisions about job applications, account access, collaboration, and professional development will depend on filtering and analyzing growing amounts of data. It is essential that data be verifiable.
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