New EdTech Solution Will End the Scourge of Fake Diplomas

New EdTech Solution Will End the Scourge of Fake Diplomas

“Trusted Diploma” Helps Students, Administrators Store and Access Valid Credentials

TBILISI, Georgia – Emercoin has announced the successful implementation of its open-source “Trusted Diploma” blockchain platform by the Business & Technology University (BTU).

Blockchain grows beyond fintech to empower other industries with the new levels of security and immutability. At this, the unique collaboration between Emercoin and BTU marks a new phase in the technology’s expansion. Currently in use by BTU, the Trusted Diploma platform uses blockchain to provide the education sector with verifiable diplomas and other certificates on an encrypted and secure app.

The app ensures that the competencies of all graduates are easily and clearly verified and that graduates can easily access their records without fear of manipulation or corruption.

Trusted Diploma addresses a complicated social challenge that has become widespread in both developed and developing countries. Problems in the education sector were cited as a global crisis in a 2016 report to UNESCO and the Council for Higher Education Accreditation.

Due to widespread corruption and manipulation, the online displays of education credentials are increasingly viewed as unreliable proofs of work. Graduates also face the difficulty of obtaining their records from colleges or school systems that have closed or otherwise refused to recognize their legitimate credentials.

To combat this trend, Emercoin developed the open-source “Trusted Diploma” platform. With its help, schools, businesses, and graduates can validate the online accuracy and authenticity of education credentials, as well as share verifiable diplomas and other certificates on an encrypted and secure app.

“Trusted Diploma will help us all prevent growing levels of manipulation and corruption and ensure that the education credentials we see online are valid,” said Eugene Shumilov, CEO of Emercoin. “We urge everyone to join our effort, which will improve professional services and protect people from dangerous fraud in the health care, legal, real estate, and other sectors.”

The BTU – which opened in 2016 at Silicon Valley Tbilisi to provide students with  innovative new approaches to learning – is placing this project on the Emercoin Blockchain because the company offers user-friendly and easily-accessible distributed services.

“We are very happy to work with the innovative Emercoin team on this crucially important project. The Trusted Diploma platform will help our school build a secure and immutable database of education certificates, which will help our graduates as they pursue successful careers.” - said Mikheil Batiashvili, the university rector of BTU.

About Emercoin

Emercoin is an emerging leader in secure, distributed blockchain business services. The interoperability of blockchain technologies provides us with a holistic view that can effectively be used in both real and virtual world problems. And that’s exactly what Emercoin (EMC) is doing, introducing a new kind of blockchain that offers a wide range of services and solutions across all industries.

About Business and Technology University

The Business and Technology University offers students innovation in learning by combining two fields of business and technology. Programs bring together faculty and professionals from international companies and universities, integrating leading management and academic thinking with innovation. The university offers undergraduate, graduate, and doctoral programs. The programs are oriented on entrepreneurship-based learning, encouraging students’ innovative potential, developing their managerial skills that will make alumni competitive on both local and global labor markets.

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