A method, an apparatus, and a system for generating and verifying a color barcode are provided. The method for verifying the color barcode is adapted to an electronic apparatus to execute verification with use of a color barcode certificate. In the method, direction information of a plurality of boundaries among a plurality of serially connected symbolic elements in the color barcode certificate is read to retrieve first authentication information of a first party. Each of the symbolic elements is one of at least two polygons, and colors of adjacent symbolic elements are different. Color information of the symbolic elements is then read to retrieve second authentication information of a second party. An identity of a holder of the color barcode certificate is verified according to the first authentication information and the second authentication information.