Friday, November 2, 2018

TrustED – Blockchain-Based Project Will Ease the Credential Verification

TrustED is revolutionizing the academic credential verification process by leveraging blockchain technology. The scalable blockchain-based platform is putting the trust back into education and recruitment by enabling educational institutions to both store and authenticate grades, credentials, or certificates for employers.

TrustED is built on the premise that both students and employers deserve better in a digital age. With TrustED, students, educational and training can upload their accreditation to the platform themselves and get verified to help employers migrate away from the lengthy, expensive and manual verification processes. By leveraging blockchain technology TrustED offers the ability verify academic credentials secure and instantly. The platform open beta starts November 15th and full-scale release planned for Q3 2019.

The credentials issued by verified institutions will be cryptographically secured and stored on TrustED’s distributed network. Additionally, credential holders will also be allowed to upload their credentials to the platform, but these credentials will remain unverified until validated by the respective credential issuer. Credential holders and graduates will be able to create an account on the platform and have access to their verified credentials at all times, while having complete control over the distribution of these credentials within the system. Those looking to verify credentials of an individual can do so in a matter of minutes by creating an account on the platform and requesting the same on the platform. The verification process on TrustED will initially remain free, however, will change to a payment model once the mainnet launches as per the current roadmap.


Comments URL: https://news.ycombinator.com/item?id=18361019

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