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Educational Certificates on the top of Blockchain
There have been increased levels of Fraud & Fake Educational and Experience certificates claimed by candidates for a long.
And the recruiters often conduct the background verifications and assess the genuineness of the certificates.
Why not can we address all these at 1 step !!!
We spend all our time on verification and getting arrived at the genuineness takes 15-30 days doesn’t really serve the purpose
And to address these can we rely on Central systems and controls ??
Of course NO !! As they are prone to attacks and data Modification (Technically through Hacking!!)
And so, We have Blockchain to address this!
Here Diploma Certificates are being issued on the top of Decentralised platforms acting as a single copy of truth by eliminating traditional verification.The project has been in implementation in VietnamParties include – Ministry of Education and Training, Service Provider – Tomochain (Singapore)
Earlier we have seen SouthKorean University adopting this citing the pandemic spread. A similar approach has been followed by Malta and MassachusettsHappy Reading…
Vietnam’s Ministry of Education and Training, or MOET, is planning to implement blockchain technology for issuing diplomas in 2021.
According to a Nov. 18 announcement, the ministry has partnered with Singapore-based startup TomoChain to put national student certifications on TomoChain’s proprietary blockchain platform.
As part of the “National Qualifications Archive” project, the MOET plans to issue all types of diplomas granted by its high school and higher education training units on the blockchain. The new system will reportedly come into effect during the school year ending in 2021.
According to the announcement, Vietnam’s new blockchain-based certification system is designed to enable transparent and immutable verification of student qualifications. The new system is expected to replace long-lasting verification processes by recruitment agencies and HR units. Nguyen Van Phuc, deputy minister at the MOET, said:
“Diploma and certificate management is an issue that needs to be resolved by technology, which is significant for the whole of society and also cost-efficient for the diploma management system in particular, and education in general.”
Kyn Chaturvedi, chief business development officer at TomoChain, told Cointelegraph that the initiative is the first time that the startup is providing its services for a governmental agency. “It is also the first time that the Vietnamese government is working with any blockchain business,” Chaturvedi noted.
A number of educational ministries and schools around the world have announced plans to issue diplomas on blockchain. In March 2020, the Ministry of Education of Brazil proposed to issue blockchain-based certificates by non-state universities to prevent fraud. That same month, two Italian high schools announced plans to issue diplomas on the Ethereum blockchain.
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