This is just a certificate of authenticity that one either trusts or not, based on whatever one knows about secure enclaves, cryptography, or the device/person issuing the key/certificate.
I think the reality is that photographs and video are now like text, you trust the source or not.
I can write about Cleopatra's ability to snowboard and play Xbox, or I can make a photo with the caption "Cleopatra doing a 1080", and now I can make a video of it (probably).
I can also give you a certificate/key/blockchain whatever to prove it's "valid".
There will be a time when the Trump "grab them by the you know what" style scandal will just be met with sceptism.
Where do you go when even video evidence can't be seen as the truth?