In Matthew 16, when Yeshua came to the district of Caesarea Philippi, he asked his disciples, “Who do people say that the Son of Man is?” Simon Peter replied, “You are the Christ, the Son of the living God.” And Yeshua answered him, “Blessed are you, Simon Bar-Jonah! For flesh and blood has not revealed this to you, but my Father who is in heaven. And I tell you, you are Peter, and on this rock I will build my church, and the gates of hell shall not prevail against it. I will give you the keys of the kingdom of heaven, and whatever you bind on earth shall be bound in heaven, and whatever you loose on earth shall be loosed in heaven.”
Amazing things occurred when Peter recognized Yeshua as God.
First, he was blessed.
Next, he gained a new identity. When Peter confessed that Yeshua was Christ and recognized his divinity, God gave Peter a new name.
Finally, Peter gained authority. Christ gave him something that he hadn’t given his other disciples nor anyone else – the ‘keys of the kingdom of heaven’. With those keys, came a divine authority from God Himself.