The Future of Online Education and Verifiable Credentials
Decentralized identity technology offers instant verification of education credentials, protecting institutions and learners from the $70 million annual fraud c
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Key takeaways
Decentralized identity technology offers instant verification of education credentials, protecting institutions and learners from the $70 million annual fraud c
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Fraud costs the education industry at least $70 million globally. But what can be done to protect businesses, students, and parents from fraud? Using decentralized identity technology, verifiable credentials provide a solution by allowing instant education credential verification. Online learning is revolutionizing education and micro credentialing is a key aspect of this transformation. On the Voices of eLearning podcast, Nick Lambert, CEO of Dock Labs AG, discussed the importance of micro-credentials and fraud protection.
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