Emercoin declared the effective execution of its open-source “Trusted Diploma” blockchain platform by the Business and Technology University (BTU).
The collaboration between Emercoin and BTU marks a new phase in the technology’s extension. With the goal to furnish education sector with verifiable diplomas and different certificates on an encrypted and secure application, the Trusted Diploma platform is relying on the blockchain technology. The application guarantees that the competencies of all graduates are effortlessly and unmistakably checked.
BTU is utilizing the open-source “Trusted Diploma” platform, based on the Emercoin blockchain. The joint effort of the education sector and a cryptocurrency organization plans to encourage schools, organizations, and graduates approve the online accuracy and authenticity of training education credentials. The blockchain system empowers administrators to store and share verifiable diploma and other educational certificates on an encoded and secure application.
Because of far-reaching corruption and manipulation, online display of education certifications is progressively seen as unreliable proof of work. Graduates additionally have trouble getting their records from universities or schools that have shut or generally decline to perceive their legitimate credentials. The issue was cited as a global crisis in a 2016 report to UNESCO and the Council for Higher Education Accreditation.
Through secure, distributed blockchain services, Emercoin has figured out how to concoct an adaptable, easy to use and effectively accessible solution.
Kostiantyn Bigus, Emercoin Managing Partner says, “We ask everybody to join our efforts, which will enhance proficient services and shield individuals from perilous fraud in the healthcare, legitimate, Mac, and different sectors.”
BTU was established in 2016 at Silicon Valley Tbilisi where they offer students inventive new ways to deal with learning. As Emercoin offers interesting adaptability through an innovative range of distributed services, BTU is setting this project on the Emercoin Blockchain.
As reported by Cointelegraph, through its Name Value Storage (NVS) ability, Emercoin is more productive and more affordable than other platforms. Emercoin’s NVS allows for efficient time-stamping of META-Data on its own blockchain that thus gets blend dug into Bitcoin Blockchain for security.
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