TrustED – Review

funkyies (0)(1)in #blockchain • 6 years ago

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Overview

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 education and training Institutions to store, as well as authenticate grades, credentials, or certificates, leveraging the distributed ledger technology of blockchain.

Additionally, parties permitted 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.

Our 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 the 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.”

The Brains behind TrustED

On their website, https://www.trusteducation.io/ you can visit the “Team” section and simply by clicking on each team member's image or name you will be redirected to their professional linkedin profiles. Here you may consult and analyse each individual's expertise as much as you like. It's all been put there for us to see that they have what it takes to achieve their goals with ease and ultimately inspiring more confidence in all of us.

Why use TrustED?

If an institution shuts down or ceases operations due to wars or other calamities, the academic records of students are still accessible and verifiable.

Potential system downtime, or server issues with the current system will no longer be an issue.

24x7x365 accessibility to view and verify academic credentials.

Impossible to now fake certificates/diplomas.

Easy to use mobile application for verifiers to verify academic credentials.

Benefits

The TrustED platform will feature a secure ecosystem that will facilitate and enable academic institutions to securely store credentials and certificates in a cryptographic manner through the use of the IPFS storage mechanism. Institutions will gain benefits because this distributed accounting mechanism is immune to any space or opportunity for security attack or system outage.

Using a standalone digital platform, universities and other institutions will greatly reduce overhead costs by minimizing the administrative costs associated with employer inquiries or centralized fees for maintaining your database.

Institutions can protect their brand because they are now assured that no one is falsely claiming to have studied or received academic credentials from their institutions.

The platform will ensure the permanence of academic credentials, minimizing any risks associated with lost or lost credentials due to external or human errors during the manual handling process.

Students will now have access to a digital copy of their academic credentials 24 hours a day, 7 days a week, reducing the risk associated with losing a paper copy so that they can easily get their certificate in hand.

The TrustED platform will ensure that the recipient’s academic credentials remain permanently intact and immutable. This will minimize the risks associated with losing your credentials in the future.

Institutions will be able to verify the academic credentials of students coming from abroad or from academic institutions that are no longer contactable (specifically targeted to international students studying abroad), thus making it easier to identify content that has already been studied and is compatible .

Something very important today, through the digital platform there is no need for reprinting of certificates / diplomas.

Employers, for example, will now have the ability to instantly check and access the academic credentials of an employee or employee candidate.

Through the ability to instantly verify and access an individual’s academic credentials, employers and verifier parties will reduce the costs and time delays associated with the current verification method.

Institutions will be able to charge for verification checks of academic credentials, creating an additional revenue stream for them.