Transforming Education with Blockchain-Powered Credentials
VerifyU™ offers a secure and efficient way for universities to issue and verify academic credentials, saving time and costs while increasing transparency and trust.
Reasons To Adopt Blockchain Technology To Secure
Your Educational Certificates
Blockchain ensures immutable records, secure storage, and easy verification for certificates, making it an ideal solution.
Those verifiable digital certificates, resultantly, establish authenticity and reliability.
Fraudulent Degrees And Credentials
The widespread existence of forged degrees and fraudulent credentials can result in substantial losses for employers, universities, and individuals alike. NYT’s 2015 exposé revealed Axact produced 300+ fake university degrees.
Verification Delays And Inefficiencies
Education credential verification is time-consuming and inefficient, causing hiring delays, lost productivity, and higher costs. The National Student Clearinghouse found employers take up to six months to verify education (2019).
Lack Of Transparency
And Trust
Opaque education credentials hinder informed decisions by employers and higher education institutions. As per an ACFE Report, 22% of frauds cost at least $1M in losses. Organizations lose 5% of annual revenue to fraud.
How Blockchain Can Help
Blockchain technology can assist in forged document detection, preventing fake degrees and credentials by providing a secure and tamper-proof system for storing and verifying educational records. Each educational achievement stored on the blockchain is cryptographically secured, which makes it virtually impossible to alter or falsify. This means that employers can trust the authenticity of the credentials presented to them, and individuals can have complete control over their educational records.
What is VerifyU™?
VerifyU™ is a revolutionary blockchain-powered solution designed to securely store educational documents. It utilizes blockchain technology to create a tamper-proof platform for issuing and verifying academic credentials. VerifyU™ ensures authenticity and establishes a dependable, transparent, and easily accessible system that eliminates risks commonly associated with traditional record-keeping methods.
“Its swift and effortless verification process, makes VerifyU™ an ideal choice for employers, universities, and individuals who want to securely store and share academic credentials with confidence.“
Immutable
Digital certificates issued on VerifyU™ are encrypted, timestamped, and tamper-proof.
Verifiable
Blockchain-based digital certificates have lifelong validity and proof of ownership.
Shareable
Social sharing of verifiable digital certificates boosts brand credibility in the market.
How VerifyU™ Works
VerifyU™ utilizes distributed ledger technology to securely store and verify educational certificates, ensuring immutable and transparent records.
Step 01
The issuing institution creates and verifies the educational document, which is then digitized and stored for blockchain storage.
Step 02
The document is hashed and encrypted to ensure its security and prevent unauthorized access.
Step 03
A transaction is created that includes the hashed document and relevant information, and broadcasted to the blockchain network.
Step 04
The transaction is verified by multiple nodes and added to a block, which is then added to the blockchain through mining.
Step 05
The document is stored on the blockchain, and the recipient can access it through their private key.
Step 06
The recipient can share the document with others while ensuring its authenticity through blockchain verification.
Benefits of VerifyU™
VerifyU™ offers a secure and efficient way for universities to issue and verify academic credentials, saving time and costs while increasing transparency and trust….
Benefits For Universities
Enhanced Credibility: Securely store and verify academic credentials with VerifyU™’s blockchain technology.
Reduced Administrative Costs: Streamline verification, reduce manual tasks, and cut costs with us.
Improved Efficiency: Our solution simplifies credential management, verification, and sharing for universities.
Improved Data Security: Securely store and manage student data with blockchain technology.
Improved Student Experience: Unlock career opportunities for your students with easy access to verified credentials.
Increased Competitiveness: Securely manage & verify student credentials to stand out competitively.
Potential Revenue Stream: Unlock new revenue streams for universities with transactional and subscription models.
Benefits For Employers
Improved Hiring Process: Streamline your hiring process with VerifyU™’s verified credential platform.
Reduced Risk: Securely verify credentials to hire with confidence using blockchain technology.
Increased Efficiency: Verify candidates quickly and efficiently, saving your time and money.
Greater Trust: Boost hiring confidence with VerifyU™’s transparency and trust.
Improved Compliance: Streamline hiring compliance with VerifyU™’s credential verification platform.
Simplified Onboarding: Efficiently onboard verified hires with VerifyU™’s automated platform.
Improved Reputation: Boost your credibility and transparency in hiring with blockchain-based verification.
Benefits For Students
Greater Transparency: Blockchain technology/VerifyU™ adds trust and transparency to credential verification.
Convenient: Securely share academic achievements with ease through VerifyU™.
Reduced Costs: Save on verification and management costs with our efficient platform.
Improved Data Security: Protect your credentials from theft and fraud with blockchain.
Increased Employability: Securely manage and verify credentials to enhance employability and success.
Improved Access to Higher Education: Effortlessly share verified credentials to streamline credit transfers and applications.
Increased Trustworthiness & Control: Easily manage and verify credentials to stand out.
Who Can Use VerifyU™?
VerifyU™ extends its blockchain-backed services to university students, institutions, and employers, ensuring the authenticity and reliability of educational documents.
Central Universities
State Universities
Private Universities
Deemed Universities
Institutes of National Importance
Training & Skill Development Institutes
Digital Skills Providers
E-Learning Companies
