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By certifying with the most recent standard of verifiable credentials and Blockchain technology of the LACNet network, a record will be made more secure and interoperable of diplomas that will boost the employability of millions of students in the region.
The technology that improves the security and validity of academic degrees
Blockchain technology is not restricted exclusively to the field of cryptocurrencies, since its applications cover various areas ranging from digital art to the academic world, where a prominent example is university degrees. When these titles have blockchain they are safer against counterfeiting and they can have benefits in the labor market.
In many Latin American countries, it is relatively easy and accessible to obtain counterfeit titles. However, through this technology it is possible to eliminate this practice, since document verification is done online through decentralized databases in which no other person or institution interferes.
Anabella Laya, CEO of AcredittaSays: “The pandemic and post-pandemic accelerated the adoption of new skills certification tools such as digital badges, of which we have already awarded more than 500 thousand. This growth has invited us to continue innovating and evolving, which is why starting in June, our clients will enjoy the most recent digital identity and certification standard that will not only improve the experience for the current user, providing even more security and interoperability, but It will also allow them to certify degree titles and academic documents with blockchain technology.”
From paper certificates to a secure interoperable format
For its part, León Hernández, technology leader, complements: “At Acreditta we have evolved the standard to Open Badge 3.0 on W3C verifiable credentials and decentralized identifiers. Adopting open standards is our philosophy, as we believe in returning control of their data to the individual with a portable and secure format that establishes a common language for the learning and work ecosystem. All of the above is instantly verifiable and unalterable using cryptographic algorithms and blockchain is incorporated to establish a layer of additional confidence in identity of the organizations that grant the credential. This mechanism to prove an assertion about a person is the real digitization of the certificates, since it is not enough to have in PDF what was previously a paper. Finally, eliminating credential verification and falsification times has a significant impact on the economy.”
The above translates into greater employment opportunities anywhere in the world, since it is a globally accepted format and it is no longer necessary to transport printed certificates. Likewise, these types of credentials are especially useful in recruiting systems because they provide more details and context to recruiting algorithms so that they identify better candidates, going far beyond the capabilities of traditional resumes.
It might interest you: Why hire Acreditta instead of building your own development
Greater confidence and better job opportunities
“At LACNet, we are excited to see how LACChain blockchain networks are being used to improve the security and interoperability of university diplomas and degrees in Latin America and the Caribbean. The adoption of open standards and the elimination of verification times and falsification of credentials have a significant impact on the economy, offering better employment opportunities and increasing the user experience. Through its verifiable certification platform and blockchain technology, Acreditta is bringing innovation to students and employers in Latin America.” mentioned Ilan Meléndez, Head of Memberships at LACNet.
Today Acreditta has more than 160 clients in 15 countries in Latin America and Spain, serving higher education, corporate and non-formal education. There are already more than half a million individuals benefiting from these certificates. By 2026, the startup expects there to be more than 5 million.
About Acreditta:
Leading platform in LATAM for the issuance of verifiable academic and professional credentials 24/7 with blockchain technology anywhere in the world. www.acreditta.com
About LACNet:
LACNet is an international non-profit association, the result of the alliance between Red CLARA and LACNIC in collaboration with IDB Lab. Created within the framework of the LACChain Global Alliance to neutrally and sustainably orchestrate the LACChain blockchain networks.
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