Edverso

Digital Credentials
are the new proof of value

Digital Credentials describe a learning achievement. They can describe activities, assessments, professional entitlements, and qualifications.
In EdVerso, a Digital Credential is a documented statement containing claims about a person issued by an educational organization following a learning experience.

Technology as a service

Digital credentials are somewhat of asking your academic institution for paper copies of academic certificates that you need to pay for or PDF copies that other candidates quickly forge; you can resort to digital technologies. 

Digital Credentials
 

There are three types of online credentials: digital badges, micro-credentials, and digital certificates. All three types revolve around the same concept that digital credentials provide a better link to opportunities than current paper transcripts. 

Everyday examples include:

  • College degree certificates issued by education providers
  • Acknowledgments for understanding a difficult topic
  • Academic credit for relevant work experience
  • Recognition for mastering a personal or professional skill
  • Corporate training
  • Sport training

However, online credentials are also used for:

  • Proof of membership
  • Recognition for achievements.¬†

And here a more deep analysis of the three types of digital credentials:

# Digital Badges

Digital badges are used as a way of recognizing skills acquired outside the formal educational system. With EdVerso, we tested possibilities on the unformal systems or not-recognized professions too.

They are usually granted by academic institutions, like community colleges, online course providers, or by organizers of event conferences or webinars.

Digital badges, in EdVerso, are verifiable digital credentials that contain:

  • The issuer identity – KYB Verification Process;
  • The name of the recipient – KYC Verification Process;
  • Recognition criteria – multiple selections of Badges;
  • Issue date – certified with the Blockchain Network;
  • Evidence of learning based on Educational Supply Chain.

By accessing the information contained in the digital badge via a QR code or URL link, an interested party can verify and certify the acquired skills and identity of the holder without the need for any specific application installed.

Digital badges have been initially used for credentials that take a short time to learn, such as qualification modules. Otherwise, today they are used for a high number of combinations, including long-term educational processes.

They can use shapes, colors, and symbols to identify levels of achievement.

These credentials are designed so they can be easily embedded across a variety of platforms. Learners can share their digital badges on social media, email signature, online portfolio, resume, etc. 

Companies can choose to use only digital badges, digital certificates, or both. 

A digital badge can be awarded for:

  • Participating in an event;
  • Finishing a project;
  • Demonstrating specific abilities;
  • Promoting skills, such as mastery of Python;
  • Certifying the completion of Online Courses;
  • Certifying the completion of Sports Activities;
  • Promoting a Membership inside an Organization;
  • and more.
#Micro-Credentials

Micro-Credentials are certifications that attest to the learning outcomes of a short course or module, which is assessed in a transparent matter. 

These micro-certificates allow for¬†flexible, modular learning and can be used throughout the learner’s professional career. Sometimes they take the form of badges.¬†¬†Training organizations can use digital micro-certificates to verify the mastery of¬†different blocks of competence¬†that make up a training course or a webinar.¬†

Micro-credentials allow learners to assert their professional skills throughout their careers. They can present micro-certification during job interviews or use them for professional development within the company. 

Micro-credentials are designed to promote mobility and flexibility in the authentication of learning. 

#Digital Certificates

Digital certificates are non-material, and unlike paper certificates, they are easy to share and hard to lose.  

What is more, digital certificates have many benefits for training institutions, as they allow them to:

  • Simplify administrative processes;
  • Stock documents and related data;
  • Quickly access data at requests;
  • Showcase an institution’s innovative approach;
  • Create stronger cements between alumni and the university;
  • Prevent certificate falsification and thus protect the organization’s reputation.

 

Let’s take a look at one¬†example:

Multiple High Schools in Calabria, Italy, have begun awarding digital certificates to their students and alumni. 

Since 2019, this school’s diplomas and certifications are automatically delivered and micro-certified on the¬†lutinx blockchain network.¬†

To access their digital certificate, students use their KYC Verified Credentials and access The Booklet©, a Patent Open Vault that contains all the necessary information that demonstrates their training credentials. This allows holders to collect and share these academic credentials with recruiters, companies, and audiences on social media. 

Basing digital credential services on blockchain technologies comes with unique advantages. Blockchain-certified academic credentials are 100% secure, tamper-proof, verifiable, and permanent. 

LutinX Blockchain Network is based on Cross-Chain Technology and merges the power of the public and provate blockchain. Digital credentials and academic transcripts are stored securely because blockchain information is impossible to falsify. Moreover, the system is fully verifiable online, without paying anything or installing third applications.

 
What Are the Benefits of Digital Credentials?
 
> Saving Resources

By shifting to digital credentials, businesses can save time and money. while freeing up resources for teams to develop skills that:

  • Support workforce development
  • Help grow the company
  • Improve customer experience.¬†

For example, an Educational Institute can cut the time spent issuing credentials by 93.75%. After the digital transformation, the monthly workload of at least 8 hours dropped to half-hour of work while boosting team productivity.   

 

> Verifiable

Verifying qualifications is a complex and time-consuming process. Paper certificates are easy to misplace or get damaged; more often than not, employees rely on candidates to provide proof of qualification for critical skills. 

Digital credentialing simplifies the process by:

  • Providing one-click verification;
  • Saving time for the HR team;
  • Being very hard to fake.

In one study, 1,000 US professionals were surveyed about the accuracy of their resumes. About 30% of participants said they “bent the truth” about their skills and experience.¬†

 

> Automated

Issuing digital certificates and badges is simple and efficient because the administrative process is automated. Incorporating digital credentialing software into existing workflows can save hours of admin time each day. Made possible by capable API integrations can take place across many of the leading Learning Management Systems (LMS). 

Design and spelling mistakes always cost extra when issuing physical and academic degree credentials. 

Fixing one certificate is not a big deal, but repairing hundreds or thousands doesn’t come cheap. By automating the credential form, organizations can:

  • Automate typo correction. Let’s say that recipients notice a spelling mistake in their name and submit a correction request. Instead of having a team member manually review submissions, such small typos are automatically corrected by the credential platform.¬†
  • Retroactively amend the design. Digital technology allows you to amend an existing certificate design and update all digital certificates with just one click. For example, McGraw-Hill Editor created a set of digital badges taking inspiration from the belts used in karate. After the first batch was published, they added L1, L2, L3, and L4 to represent¬†different badge levels¬†and circled the relevant value on each badge.¬†

Using a digital credentialing platform, they managed to make the change and update all their previous badges with ease. 

 

> Portable

Digital badges promoted by EdVerso are moving to become the first European Standard on the Market. In this way, finally, we can let people worldwide use a technology based on the Knowledge of one of the most advanced cultures in the world. BUT, EdVerso is more, we let talk our participants, and we’ll grow up with our friends in Africa, South America, and the Middle East.

Our vision is to let people move everywhere in the world, bringing with them all their Knowledge, including the possibility to collect new Skills or Credentials, and at the same time, with three clicks, share them with everyone we want. We chose to follow the Apple policy about accessibility; in this way, we can ensure a trusted network, limiting interaction with open networks. 

This way, individuals can quickly provide credentials on-demand or prove an association membership. 

Imagine you’re¬†attending an interview¬†for a new job. The interviewer reviews your resume and asks for details about modules for a listed qualification.¬†

You have to access your Booklet and share the requested and fully verified data with him. You take advantage of this simple situation to:

  • Provide proof of qualification;
  • Provide proof of origin for your qualifications – every issuer is fully verified under the International Standard of Identity Verification (KYC Process);
  • Inform the interviewer about your Knowledge;
  • Opened up a conversation topic about other digital badges you hold

 

> Shareable

Students work hard to achieve their qualifications through the learning experience. When they reach their goal, they rush to share the good news with friends and family. Digital certificates are easy to share on social media, email signage, or webpage. 

This gives several advantages over paper world analogues:

  • Trackable real-time engagement and views of digital badges and certificates;
  • Increasing awareness for programs and courses, as well as the businesses with digital certificates;
  • Improving holder employability by sharing electronic credentials to LinkedIn profiles or more Social Networks.
How to Protect Digital Credentials from Being Forged

 

One of the significant challenges of the digital world is that digital formats are easy to copy. Another candidate can take a peek at your digital certificate online, take a screenshot, change the name in an editing tool, and present it in the job race just as you. That was the case with the old digital technology that relied on sharing image or document files in formats like JPG, DOC, or PDF. 

These formats are not secure enough, and sharing a visual image remains the fastest means of communication. With EdVerso, these situations are not possible now. Every data is tokenized based on our exclusive Patent.

So how can you share graphic files without them being forged? By using the latest conception of the internet, called Web 3. 

The first conception was¬†Web 1.0, or read-only web.¬†Web 2.0¬†was known as the interactive, collaborative, or sharing web. This is what most of us recognize today. Social media platforms like Facebook, LinkedIn, and Twitter are based on it.¬† Now we are witnessing the¬†emergence of Web 3.0¬†or the “semantic web” that brings together artificial intelligence chatbots and virtual assistants, the 3D digital iteration of the physical world known as Metaverse, secure encryption of digital items, and critical public infrastructures, and data using blockchain technology.¬†

This version of the web allows data to be not only accessed (Web 1.0) and shared (Web 2.0) but also verified by humans and machines. 

Now we can embed an image or badge of a college degree certificate on a website or a social media page and have instant means for external verification.  

The benefit of an Education structure to affiliate at EdVerso is that EdVerso is already inside Web 3, and soon it will be accessible directly inside the Metaverse. Granting the Full Identity Verification process with the Full tokenization system, available for every EdVerso Member, will open the door for the next 20-year educational business.