Why Are Digital Certificates A Great Strategy For Your Institute?
06 Oct 2023
Whether in the Healthcare Industry, Engineering or Business Consulting, your Talent acquisition team would eventually have to assess whether their applicants have the expertise it takes to join your forces.
Are your candidates proficient in coding? How experienced are they with Sales & Marketing? How do they compare to other job applicants in general?
Although this information is easily accessible on the candidate’s resume or LinkedIn profile, the question will always be: How can an employer verify these claims?
The way most Institutions currently issue credentials primarily relies on the organisation’s credibility and the authenticity of the data they leverage as a guarantee against credential fraud.
But what if there was a much more secure, automated way to allow Institutions and training centres to issue, verify and share these credentials more efficiently?
For this exact reason, micro-credentials were created as a tool to certify and officially recognise particular skills.
So what are micro-credentials, and how does blockchain technology help?
Before digging into micro-credentials, let’s first talk about the technological challenges institutions might face in digitizing their certificates. One of the main challenges revolves around the traceability of the credentials: A skill set must be verified and usable throughout life.
This challenge has led ministries of education & human resources across the globe to impose specific requirements to ensure the validity of these documents. Therefore, organizations must comply by providing learners with easily verifiable, long-lasting certificates, and Blockchain meets these requirements.
Blockchain technology is more than a mere cryptocurrency and can easily ensure traceability for any document or credential with a probative value. It has extended into the broader business world. It has excellent potential for the underlying security and privacy problems in the financial industry and other crucial sectors such as healthcare and education.
Blockchain is a distributed ledger that stores all the transactional data executed or shared among peer-to-peer nodes. The data will be encrypted and verified by other participating parties before a transaction can be stored in the ledger. After this, a new block of data will be added to the chain and become visible to all users in public. Once a block is formed, it can neither be deleted nor altered. The philosophy behind Blockchain is to create a neutral, decentralized, borderless, network-resilient technology.
The transparency of blockchain technology allows the skills listed on the credentials to become fully traceable. Thus, adding the Blockchain component to your certificates makes them instantly verifiable and guarantees the authenticity of the information on your credentials. Not only that, but it also helps you keep track of each course and all of its information. This means that for each skill set acquired, the learner earns a digital certificate that includes details such as the course scope, associated objectives and the skills demonstrated by the learner to attain it.
Why should you use blockchain-powered credentials in your institution?
The Increasing phenomenon of fake certificates is damaging to both Institutions and hiring companies at the same level. Diploma mills can put Institutions at the edge of reputational risk and raise serious concerns for companies, especially in their hiring process. Using Blockchain to (stamp/certify/issue?) your diplomas can help you alleviate this risk. Not to mention that having such technology will contribute to modernizing the image of your institution and make it easier for your learners to access their certificates and for the verifiers to verify your certificate.
What Are VeriDoc Certificates?
VeriDoc Digital Certificates is more than just a Digital Certificate Generator. It is a Certificate Management System that aims to secure both Educational and professional Credentials for every learner throughout their learning journey. Which will help you:
Automate how you issue credentials: Our Certificate Generator allows you to issue all the certificates simultaneously. This will help you cut down on both time & administrative costs that are usually incurred by certificate production.
Ensure a safer verification process: All your Blockchain credentials come with a QR code and a secure URL link that provide access to your digital credentials. The learner can directly choose who they want to share their certificates with. Any 3rd party can use this link to verify whether the information on the certificate is authentic.
Centralize data: Once all your certificates are digitized and stored on the Blockchain. VeriDoc Digital Certificates grant you access to all your previously-issued certificates in one dashboard. This way, you can keep track of all credentials in one place.
A transition to digital credentials can help you mitigate the risks of losing physical degrees and fake certificates.