Topic: [ANN]🚀 TrustED🚀 Academic Credential Verification on Blockchain - page 40. (Read 15367 times)

Investors invest in a project that they choose and thereby help in development. Accordingly, I would choose a project whose product will simplify or improve something.

Apparently, you are talking about universities in a particular country. But in many countries where a diploma has value as a document certifying a quality education, educational institutions have electronic databases and working capital. As an example, you can recall China and South Korea.

An interesting statictics from US. People buy fake diplomas and sertificates anywhere independent of country.

The project must interest the people in its products and servicies. People must use the tokens to pay for the servicies and do not sell in. For this the product must be in demand and price for token stable or grows.

If investors bought tokens only when it is very profitable for them, then useful products would never have appeared on the market.

I agree. To our great joy, there are many such investors in the market. They are smart investors, because they have learned to see the future in projects and the usefulness of their products.

There are cases when investors pay attention not only to their own monetary benefits, they want to support a useful project that can improve public life.

Diplomas of European universities can still be added to the database application. But I am not sure that it is necessary to add the diplomas of the universities of Russian-speaking countries to the database of the application, since all the same abroad these diplomas do not mean anything. You have to defend your diploma and take special courses, pass exams.

If a member of the administration of the school cooperates online, then, of course, a personal meeting will not be needed. But if a misunderstanding arises? In addition, there may be data that is not included in the electronic database.

If a student knows about this application and decides to get a job in a foreign country, he will enter the data of his diploma in the application and pay for the check in order to prove the polynality of his diploma in a foreign country.

All investors who buy coins in the early stages of sale, decently earn. Especially when the team also provides bonuses. In this project, investors can also get bonuses?

There are few key aspects:
1) 24/7 access to a digital copy of their academic credentials, reducing any risk associated with losing a paper copy or PDF file.
2) Academic credentials will permanently be instant and immutable form. This will minimize any risks associated with unlawful edits or removal of ones credentials.
3) The ability to instantly share your academic credentials at any time, anywhere through the easy to use TrustED app.
4) Cryptographic encryption mechanisms as well as the ability to chose who can and can't view your credentials gives control back to the academic credential recipient.

If foreign partners ask any questions every day, then neither time nor money will be enough for daily business trips. But the video will help solve all the issues in a few hours.

In most cases, the students themselves will not enter any data, and then take care of their confirmation by their school. They have other interests . Filling the database is possible, mainly, only in educational institutions.

University himself uploads a students identification data (such as their name, enrollment ID, course date, subjects etc) and credentials through the TrustED portal and it will be stored in a smart contract.

But also will be an ability for students to upload their own credentials.TrustED will as a result act as a cloud storage platform specifically for academic credentials. In addition, students uploading their own academic credentials will have the ability to share this conveniently with their academic institutions.

So essentially, students can upload their past credentials onto the platform, however, they will be listed as “TrustED Unverified”. They then pay a fee to TrustED and we will contact the university they attended and confirm that they are legitimate. That being said, the student can pay a fee to TrustED, and TrustED will with the students permission, contact the university and verify that the credentials are in fact true. We are building an Artificial Inteligence mechanism that will be able to do this, so we dont have to manually contact the school to verify. "It is also important to note that the TrustED platform is GDPR compliant, whereby academic credentials on the platform can be erased or changed, but only in the instance the credential holder gives permission. This is possible as all credentials are stored on a private chain, enabling this to take place, as opposed to if it was on a public chain whereby everything would remain immutable, and hence non GDPR Compliant. In addition, TrustED is simply no different to MySQL or Oracle. Whereby its simply a database technology which universities or academic institutions can utilize at their own choice, with no state government approval being needed."

Now the ICO team actively promote the project in different countyries. They visit different conferences and promote the ICO there. Offline promotion is also active. May be even more active then online.

Hiring an unscrupulous employee can cost the company both money and reputation.

U.S. Department of Labor: the cost for a bad hire can equal 30% of an individual's annual income. #TrustED can make hiring easier. Learn more in section 2.2 of our Whitepaper. https://zurl.co/WIkJ

Why might someone want to enter data about his diploma in the database of his education institution? Need an incentive for this.

Nothing prevents such a person from learning a foreign language on their own and then simply confirming their knowledge by passing a certain exam. I believe that diplomas are not just invented, it means how much you understand this or that field of activity.

I agree with you. And you can write thousands of such stories. I think that such a project is very necessary for people, well, if we can make money on it at the initial stages of investing, this is twice as good