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
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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