Success Case: Competence Certification
Own Your Business and Ithum collaborated to innovate the certification process for training courses, utilising blockchain technology to notarise participants' certificates. This initiative involved two high-profile training courses: "Auditor/Lead Auditor ISO/IEC 42001 Artificial Intelligence" and "Auditor/Lead Auditor ISO 22301". The notarisation of certificates on the blockchain brought numerous benefits in terms of security, transparency, and global recognition of the skills acquired by the trainees.
Competence Certification with Blockchain Technology
Blockchain technology is revolutionising how skills and certificates are managed in education and training. The adoption of blockchain can bring numerous benefits, creating an ecosystem based on transparency, authenticity, and security in the certification and skills validation processes. This ecosystem involves various stakeholders interested in ensuring the authenticity of the data managed, creating a mechanism where data holders are incentivised to be part of this system, gaining a competitive advantage over those not involved.
Characteristics and Benefits
Transparency and Authenticity
Using blockchain to record skills and certificates brings unprecedented transparency to these processes. Every transaction is permanently and immutably recorded, ensuring that data cannot be altered or forged. This guarantees the authenticity of credentials and protects students, employers, and educational institutions from fraud and manipulation.
Simplification of Validation Processes
Blockchain notarisation of skills and certificates greatly simplifies validation and verification processes. Information is quickly and transparently accessible, allowing users to directly and reliably verify the validity of credentials. This eliminates the time and costs associated with manual document validation, improving the overall efficiency of the education and training system.
Portability and Accessibility
Blockchain makes credentials and certificates highly portable and accessible. Individuals can securely store their skills and certifications and present them quickly and directly to educational institutions and employers. This promotes mobility and flexibility in academic and professional contexts, enabling individuals to showcase their skills more effectively.
Reduction of Fraud Risk
Blockchain protects credentials from fraud and forgery, ensuring the security and integrity of the data. The adoption of blockchain promotes innovation in the education and training sector by encouraging the use of advanced technologies and more efficient processes. The transparency and authenticity guaranteed by blockchain help strengthen stakeholders' trust in the competence certification system.
Credibility and Visibility
The use of blockchain enhances the credibility and reliability of educational institutions' certificates, ensuring information transparency and authenticity. By leveraging blockchain, academic institutions can offer a more transparent and accessible skills registration service, increasing their visibility and appeal to students and employers.
Involved Stakeholders
Professionals and Companies
Professionals can notarise and certify their skills, gaining a competitive advantage in their respective business sectors. Companies can access transparent and traceable skills, reducing the risk of fraud and CV forgery.
Universities and Training Institutions
Universities and training institutions can use blockchain technology to issue immutable and unique certificates, reducing the risk of counterfeiting and enhancing their credibility.
Public Administration
Public administrations can verify skills during public tender procedures without needing to request confirmation from the data holders or those responsible for issuing certificates and credentials.
Frequently Asked Questions
Want to know more? Here are some answers. If you have any more questions, contact our customer service.
Who certifies the blockchain?
Ylium allows you to obtain a registration certificate on the public Blockchain for files of any type. It is a notarisation system designed to guarantee the existence and immutability of specific digital content as of the registration date.
What is blockchain?
Blockchain is a shared and immutable ledger that facilitates recording transactions and tracking assets in a business network.
What is notarisation?
Notarising a digital certificate on the blockchain ensures the immutability of a document on a specific date. The recipient can verify that the document has not been altered.
Does OwnYourBusiness.tech offer customised solutions?
Yes, we offer personalised services and solutions to meet specific business needs, ensuring solutions that align perfectly with company objectives.
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