Blockchain
SEVENmile issues fraud-proof verifiable certificates using Dock
SEVENmile now issues digital graduation certificates that are fraud-proof and instantly verifiable using blockchain technology.
Zug, Switzerland – 8th September, 2022 – SEVENmile, an experiential learning program in Australia, that helps high-school students learn real-world skills, today announced a strategic collaboration with Dock Labs to issue digital graduation certificates that are instantly and permanently verifiable using blockchain technology. SEVENmile now issues fraud-proof certificates, allowing students to prove their skills throughout their lives and ensure immediate trust with employers.
SEVENmile’s entrepreneurial training program pairs high school students with business owners to teach students problem-solving techniques and help them gain an understanding of real-life business issues. SEVENmile believes that in 2022, a graduation certificate in a paper format has no real-world value to a student. Printed certificates are difficult to verify and, because of that, do not help students prove their skills. Dock Labs’ verifiable credentials platform, Dock Certs, is now enabling SEVENmile to issue hundreds of fraud-proof digital certificates and credentials that students can store on a mobile phone. By scanning the QR Code on the certificate, a hiring company will have immediate certainty and trust that the certificate is authentic.
Degree and certificate fraud is a billion-dollar industry and a growing problem worldwide. Dock Labs uses innovative verifiable credentials and blockchain technology to ensure that digital certificates and credentials cannot be forged and remain verifiable forever. SEVENmile’s graduates will now have a future-proof digital credential that will allow them to create a lifelong record of the skills they learnt and ensure they can always prove it. SEVENmile is collaborating with the New South Wales Education State Agency to expand the program to 1500 high schools by 2024.
“The evolution of Web1 to Web3 has occurred over a couple of decades. From viewing static HTML text content (Web1) to the democratization of personal data (Web3), it has been a wild ride at times. At SEVENmile Ltd, we believe that the move to ownership of our personal data is a vital platform that will help transform how the internet functions and how our data will be protected. We’re applying this philosophy by working with Dock Labs to secure the credentials of students we train.” said Greg Twemlow, SEVENmile’s CEO.
“Working with Greg and SEVENmile has not only opened our eyes to the incredible work they are doing, it’s also shown us the power of verifiable credentials in an educational setting, providing students with tamper proof digital certificates that are completely under their control, respect their privacy, and can be verified instantly” said Nick Lambert, Dock Labs’ CEO.
About SEVENmile
SEVENmile Ltd prepares students to become workforce-ready graduates or next-generation innovators. Student’s skillful, confident mindset exposes opportunities, ignites ambition, and fosters the attitudes and skills that are the pathway to success. The SEVENmile programs are designed for 15-18 year old high school students, and culminates in an event where students present their proposed solutions to the real-world problems of local business owners.
For more information, visit https://www.sevenmile.org.au
About Dock Labs
Dock Labs’ Verifiable Credentials Platform, Dock Certs, provides a highly secure and scalable solution for businesses to issue and verify digital credentials and certificates that are instantly verifiable using blockchain technology. Enabling organizations and individuals to create and share verified data.
For more information, visit https://dock.io
Media Contacts:
SEVENmile Ltd
Greg Twemlow, CEO
[email protected]
Dock Labs Communications
[email protected]
Source: RealWire
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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