The Verified Email Protocol got renamed to BrowserID, and Persona was its reference implementation.
This looks broadly similar to that, but with some newer primitives (SD-JWT) and a focus on autocomplete as an entrypoint to the flow. If I recall correctly, the entire JOSE suite (JWT, JWK, JWE, etc.) was still under active iteration while we were building Persona.
And hey, I applaud the effort. Persona got a lot of things right, and I still think we as an industry can do better than Passkeys.