TrustED – Academic Credential Verification on Blockchain.
TrustED is an academic credential verification service, that brings honesty, legitimacy, and convenience to the human resources industry. The TrustED infrastructure enables universities, and online educational and training Institutions to store, as well as authenticate grades, credentials, or certificates, leveraging the distributed ledger technology of blockchain. In addition, permisioned parties will have the ability to confidently verify academic credentials of an individual through the TrustED platform, bringing an end to existing lengthy, expensive and manual processes.
TrustED is the first-of-its-kind academic credential verification service, that brings honesty, legitimacy, and convenience to the education and human resources industry. TrustED leverages cutting edge blockchain technology to mitigate many of the problems faced in the process of academic credential verification and storage.
The TrustED concept was conceived in 2017 in Adelaide, Australia when founder Kosta Batzavalis was put under the burden of having to find the paper copies of his academic credentials he received several years ago and present them to potential employers. From here on in, the concept of digitalizing academic credentials become apparent, and through innovative blockchain technology the TrustED concept poised to revolutionize the way we receive, share and verify our academic credentials. TrustED expanded significantly in the first 6 months, partnering with Californias NetObjex and Dubai’s BlockGemini to produce an all in one solution which enables academic institutions to store and issue academic credentials, students to digitally hold and share their academic credentials, and employers and other verifying third parties to instantly verify ones academic credentials.
How it works
Digitally uploads and certifies academic certificates and credentials of students
Access and share academic certificates and credentials digitally, whilst determining who they are shared with
Employers can view, download and verify documents easily
TrustED cryptographically secures and stores academic credentials issued by universities on their network. Students now have a secure network to preserve, access and share their academic qualifications at their own discretion, as well as the immutable assurance that their private data will be immune from removal, alteration and/or unauthorized access.
The TrustED platform helps overcome the currently dysfunctional system by enabling academic institutions to store credentials and certifications on a distributed global ledger, rather than centralized databases. These institutions act as the verifying authorities, ensuring that each academic credential is authenticated directly from the source.
Employers can validate credentials of prospective employees without requiring third parties, or a lengthy process. TrustED offers governments a reliable source of document verification for immigrant workers, and furthermore, it brings to light any fraudulent claims much more efficiently than currently possible.
TrustED has derived a strategically planned and technologically equipped environment and extending it into the academic credential management industry will deliver several significant benefits to all parties involved in the ecosyste
Increased Security and StorageIncreased Security and Storage
The TrustED platform will present a secured ecosystem that will facilitate and enable academic institutions the ability to safely store credentials and certificates cryptographically through the use of the IPFS storage mechanism. Institutions will procure benefits, as this distributed ledger mechanism is immune from any scope of security attacks or system downtime.
Reduced Overhead CostsReduced Overhead Costs
Utilizing a digital autonomous platform, academic institutions will have reduced overhead costs via minimizing the corresponding administrative costs associated with employer queries, or centralized database maintenance fees.
Protected BrandProtected Brand
Institutions can protect their brand as they are now assured no one is falsely claiming to have attended or received academic credentials from their institutions.
Minimized Risk of Losing CredentialsMinimized Risk of Losing Credentials
The platform will ensure the permanency of academic credentials, minimizing any risks associated with misplacing or losing the credentials due to external or human errors during the manual handling process.
Verifying CredentialsVerifying Credentials
Institutions will have the ability to verify the academic credentials of students coming in from abroad, or from academic institutions that are no longer contactable (Specifically targeted for International Students studying abroad)
Environmental SustainabilityEnvironmental Sustainability
Through the digital platform, there is now no need for the re-printing of certificates/diplomas.
Increased Revenue StreamIncreased Revenue Stream
Institutions will have the ability to charge for academic credential verification checks, creating an additional revenue stream
Document PortabilityDocument Portability
Students will now have 24/7 access to a digital copy of their academic credentials, reducing any risk associated with losing a paper copy.
Permanency of RecordsPermanency of Records
The TrustED platform will ensure that the academic credentials of the recipients will permanently be intact and in immutable form. This will minimize any risks associated with losing your credentials in the future.
Ease of AccessEase of Access
In the instance individuals need to share their academic credentials in an immediate circumstance they will be able to do so via the TrustED application. This is particularly useful in the instance an employee needs to share their academic qualifications with their employer, or a student moves to study abroad and needs to provide their current academic credentials.
Increased control and securityIncreased control and security
With the academic credentials being stored through IPFS it will utilize cryptographic encryption mechanisms, ensuring the individual maintains full control over who can view and access their credentials.
Employers and other verifying parties are assured that the academic credentials of individuals are legitimate and have not been tampered or altered with in any way.
Improved Processes and EfficiencyImproved Processes and Efficiency
Employers for example will now have the ability to instantly verify and access the academic credentials of an employee or employee candidate.
Reduced Costs and Time ConstraintsReduced Costs and Time Constraints
Through the ability to instantly verify and access the academic credentials of an individual, employers and verifying parties will now reduce costs and time delays that are associated with the current verification method.
#TrustED was featured at @EEF Russia 2018. Interest in our project continues to grow.
#TED #trusteducation #TrustED
More Information Visit The TrustED Link:
- Website : https://www.trusteducation.io/
- Whitepaper : https://ico.trusteducation.io/wp-content/uploads/2018/09/TrustED-Whitepaper.pdf
- Facebook : https://www.facebook.com/trusteducation.io/
- Twitter : https://twitter.com/TrustED_io
- Telegram : https://t.me/trusted_en
- Instagram : https://www.instagram.com/trusteducation.io/
- Medium : https://medium.com/@TrustED_io
Profile link; https://bitcointalk.org/index.php?action=profile;u=1357963
Email address; email@example.com
ETH address; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc