diff --git a/examples/src/decodeData.js b/examples/src/decodeData.js
index 49933a74..fe7db8b8 100644
--- a/examples/src/decodeData.js
+++ b/examples/src/decodeData.js
@@ -99,7 +99,7 @@ const decodedDataManyKeys = myERC725.decodeData([
 ]
 */
 console.log('/*--------------------------------------------/*');
-console.log('/* decodeData - one key (VerifiableURL)       /*');
+console.log('/* decodeData - one key (VerifiableURI)       /*');
 console.log('/*--------------------------------------------/*');
 console.log(decodedDataOneKey);
 console.log('/*--------------------------------------------/*');
diff --git a/src/lib/decodeData.test.ts b/src/lib/decodeData.test.ts
index 3c004811..a21feeea 100644
--- a/src/lib/decodeData.test.ts
+++ b/src/lib/decodeData.test.ts
@@ -47,7 +47,7 @@ describe('decodeData', () => {
       key: '0x',
       keyType: 'MappingWithGrouping',
       valueType: 'bytes',
-      valueContent: 'VerifiableURL',
+      valueContent: 'VerifiableURI',
     },
     {
       name: 'MyDynamicKey:<address>',
@@ -61,7 +61,7 @@ describe('decodeData', () => {
       key: '0x',
       keyType: 'Mapping',
       valueType: 'bytes',
-      valueContent: 'VerifiableURL',
+      valueContent: 'VerifiableURI',
     },
   ];
 
diff --git a/src/lib/encoder.ts b/src/lib/encoder.ts
index 277ae2b4..3607e90d 100644
--- a/src/lib/encoder.ts
+++ b/src/lib/encoder.ts
@@ -684,7 +684,7 @@ export const valueContentEncodingMap = (
     }
     // https://github.com/lukso-network/LIPs/blob/master/LSPs/LSP-2-ERC725YJSONSchema.md#jsonurl
     case 'JSONURL':
-    case 'VerifiableURL': {
+    case 'VerifiableURI': {
       return {
         type: 'custom',
         encode: (dataToEncode: URLDataToEncode) => {
diff --git a/src/lib/getDataFromExternalSources.ts b/src/lib/getDataFromExternalSources.ts
index 4aac840c..dd0a96ec 100644
--- a/src/lib/getDataFromExternalSources.ts
+++ b/src/lib/getDataFromExternalSources.ts
@@ -44,14 +44,14 @@ export const getDataFromExternalSources = (
     }
 
     if (
-      !['jsonurl', 'asseturl', 'verifiableurl'].includes(
+      !['jsonurl', 'asseturl', 'verifiableuri'].includes(
         schemaElement.valueContent.toLowerCase(),
       )
     ) {
       return dataEntry;
     }
 
-    // At this stage, value should be of type jsonurl, verifiableurl or asseturl
+    // At this stage, value should be of type jsonurl, verifiableuri or asseturl
     if (typeof dataEntry.value === 'string') {
       console.error(
         `Value of key: ${dataEntry.name} (${dataEntry.value}) is string but valueContent is: ${schemaElement.valueContent}. Expected type should be object with url key.`,