The blockchain technology beyond the limits of the FINTECH industry, and further evidence for this was the cooperation between the University of business and technology in Tbilisi (BTU) and the company Emercoin. In its framework the school uses a blockchain-based platform Trusted Diploma for solution of the problem of acknowledgement of diplomas and educational certificates.

#Emercoin solves the problem of #fake diplomas with “Trusted #Diploma” system. It is a #blockchain-based storage for educational credentials where anyone can store and check the authenticity of documents.

— Emercoin (@emercoin_press) 2 August 2018

The authenticity of the documents about education, which often you can simply buy, really is a big problem all over the world. This creates risks not only for graduates but also for future employers.

To solve this problem is called the blockchain platform Trusted Diploma that will help educational institutions to create and distribute diplomas in encrypted form. In the solution of educational documents will be stored in the service EmerNVS (Name Value Storage), allowing you to easily verify their authenticity.

“We are pleased to cooperate with the Emercoin team in working on this important project. Trusted Diploma will allow our University to create a safe and non-editable database of certificates of education and will help graduates to a successful career”, – commented on the signing of an agreement rector of the BTU Mikheil Batiashvili, recently also holding the position of Minister of education, science, culture and sport of Georgia.

According to the developers, the decision will also allow graduates and future employers to access documents, even if the educational institution for any reason no longer work.

They also believe that in the future Trusted Diploma can completely change the course of professional employment and significantly reduce the amount of manipulation of the diplomas.

We will remind, in January of this year in Emercoin invested company BitFury Group. Then, the leading provider of bitcoin and blockchain solutions, announced a joint launch of new projects in technology-based distributed registry that allows you to solve urgent problems of governments, private companies and educational institutions.

In June, plans to load the diplomas of graduates in the blockchain, said the Financial University under the government of the Russian Federation.