Cryptocurrency

Edubuk and Concordium collaborate to secure academic credentials with blockchain technology

quick take

Edubuk has partnered with Concordium to use blockchain technology for secure and transparent verification of academic credentials, strengthening trust in their credentials for graduates and employers around the world.

Edubuk, a new technology training provider, offers on-chain academic credentials

As a strategic move to strengthen the security and reliability of academic certification, dustIs Emerging Technologies an education platform? concordia, the leading scientifically backed layer 1 blockchain platform. Through this collaboration, Edubuk will leverage Concordium’s cutting-edge eSealing solution to ensure that university diplomas can be securely and transparently verified on the blockchain.

Edubuk’s decision to integrate Concordium’s open source eSealing mechanism represents a significant leap forward in the field of credential verification. This innovative solution allows individual wallets to write information to the Concordium blockchain at minimal cost, allowing for immutability of data. As a result, it becomes a safe and cost-effective means of verifying the authenticity of academic documents.

This partnership aligns perfectly with Edubuk’s mission to stop the spread of fake resumes and help graduates justify their qualifications to potential employers.

Apoorva Bajaj, Co-Founder CTO of EdubukCiting the importance of this collaboration, “By partnering with Concordium and verifying these credentials on the blockchain, job seekers and employers can hope to reclaim and better utilize this time. “It’s based on trust.”

Holger Fischer, Ecosystem Manager at Concordium. “Business and professional relationships are built on trust, and by choosing to integrate with Concordium, Edubuk is helping our alumni and employer community build relationships based on trust from the start. ”

The partnership also extends benefits to partner universities with Concordium accounts, which can use Edubuk’s diploma verification product to eSeal all diplomas issued to their students. This ensures that the verification process remains transparent and secure for all stakeholders.

Edubuk’s commitment to educational innovation is evident in its flagship program, the Certified Emerging Technologies Analyst (CETA) program. This comprehensive program, comprised of three progressive levels, has been supported by G20, MIT, Harvard, IIT, IIM, Dubai Expo, Government of India, CNBC, CNN, NASSCOM, Microsoft for Startups, AWS Edstart, Economic Times and many others. Over 800 students have already benefited from this program, gaining the ability to verify digital certificates on the Concordium blockchain.

Edubuk’s impressive journey has been marked by successful fundraising efforts, with a total of $170,000 raised over three rounds, including the most recent grant round in February 2022. Polygon and Newchip Accelerator are Edubuk’s most recent investors, signaling its growing awareness. Supports the company’s vision to improve education and employment opportunities through blockchain technology.

Read: Concordium and IMPERO Group partner to transform identity management in Southeast Asia

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