[ANN]🚀 TrustED🚀 Academic Credential Verification on Blockchain

[oficman]

I like the idea because the project will be able to perform a useful function. But the question is whether it will be interesting for investors. How can they make money from it?

The investors interest directly depends on the company growth as sales grow. The larger our company is, the more market share we will control / buy. The token is associated with the demand for the verification service, as well as the service for universities, which allows you to run a node and receive passive income from the reward for the block.
In order to increase users of the platform to utilize the native TED Token for transactions, an additional 10% fiat tax will be introduced for all fiat based transactions. The motive behind this fiat tax is to persist end users to familiarise themselves with native token transactions and increase the user adoption amongst the TED Token on the ecosystem due to the more affordable rates on offer for payments. Over the coming years, TrustED will plan to completely embolish the fiat pairs on the platform, and only have the TED Tokens as the functional currency on the platform. The fiat addition is included for the initial stages whilst the platform pushes for further adoption.
This will lead to an increase in demand for TED Tokens and, as a result, its cost will increase.

Fine! The team from the first days took care of the further fate of the personal token. It is immediately obvious that the team is worried about the future of its coin, therefore it has foreseen everything in advance.

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[Leading person]

I wonder how much this service will cost for the university? After all, a lot of schools are budgeted and they don’t have a lot of funds.

Something is not clear. Why do universities have to pay for the authenticity of their diplomas? An employer may need to confirm an employee’s education diploma for verification. Universities just teach specialists.

You probably misunderstood. Universities will not pay for this service. On the contrary, universities should become partners of the project, it is in the interests of both parties.

[Yuzhne]

There are so many different ways how to use blockchain. I think that it is very important to check the diploma when person get a job.

Perhaps you `re right. However, it is more important to verify the qualifications of a specialist by direct testing. This is what many companies around the world are doing.

Some companies prefer to teach the specialists by themself and take the workers after the end of Universyty. Former students just have a basic knowlege and they have to trust the diplomas.

You're right. Such companies operate in the market, but they are few. In the vast majority of new professionals require theoretical knowledge and practical skills.

But in order to get this theoretical knowledge you need to study hard and hard. No other way. A fraudster Kupishviy diploma wants to avoid these difficulties.

[strongtree2505]

I like the idea because the project will be able to perform a useful function. But the question is whether it will be interesting for investors. How can they make money from it?

The investors interest directly depends on the company growth as sales grow. The larger our company is, the more market share we will control / buy. The token is associated with the demand for the verification service, as well as the service for universities, which allows you to run a node and receive passive income from the reward for the block.
In order to increase users of the platform to utilize the native TED Token for transactions, an additional 10% fiat tax will be introduced for all fiat based transactions. The motive behind this fiat tax is to persist end users to familiarise themselves with native token transactions and increase the user adoption amongst the TED Token on the ecosystem due to the more affordable rates on offer for payments. Over the coming years, TrustED will plan to completely embolish the fiat pairs on the platform, and only have the TED Tokens as the functional currency on the platform. The fiat addition is included for the initial stages whilst the platform pushes for further adoption.
This will lead to an increase in demand for TED Tokens and, as a result, its cost will increase.

Fine! The team from the first days took care of the further fate of the personal token. It is immediately obvious that the team is worried about the future of its coin, therefore it has foreseen everything in advance.

The approach is professional, the system is generally understandable to me. Now, it was necessary to interest as many investors as possible to support the project.

[alexcraft1590]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

[SUNbitok]

No, they do not deserve good jobs, because they will turn out to be bad specialists who will harm everyone with their work.

You're right. I heard a story about one student. She poorly studied at the dentist. And her parents bought her a diploma of a dentist. But now she is not working as a dentist, but his assistant: she kneads the solution for fillings. For the sake of such work worth buying a diploma?

And then the fillings come out of the teeth. In General, when doctors use fake diplomas - it's terrible. A doctor with a fake degree can kill a man.

Anyone with a fake diploma is dangerous, and a doctor and an engineer and a worthwhile architect

This is not a complete list of professions that require mandatory verification of diplomas.

[Gromstop]

No, they do not deserve good jobs, because they will turn out to be bad specialists who will harm everyone with their work.

You're right. I heard a story about one student. She poorly studied at the dentist. And her parents bought her a diploma of a dentist. But now she is not working as a dentist, but his assistant: she kneads the solution for fillings. For the sake of such work worth buying a diploma?

And then the fillings come out of the teeth. In General, when doctors use fake diplomas - it's terrible. A doctor with a fake degree can kill a man.

Anyone with a fake diploma is dangerous, and a doctor and an engineer and a worthwhile architect

This is not a complete list of professions that require mandatory verification of diplomas.

The employer also risks and is responsible for the consequences of taking on the job of a person without proper education.

[lumierre]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

Oh, this is news. Blockchain allows you to create a reliable, publicly accessible database. Of course, this can be extended not only for diplomas.

Blockchain can be used in different spheres. All information can be stored on blockchain. Diplomas, school attestats, all documents connected with education.

[zmeddy]

No, they do not deserve good jobs, because they will turn out to be bad specialists who will harm everyone with their work.

You're right. I heard a story about one student. She poorly studied at the dentist. And her parents bought her a diploma of a dentist. But now she is not working as a dentist, but his assistant: she kneads the solution for fillings. For the sake of such work worth buying a diploma?

And then the fillings come out of the teeth. In General, when doctors use fake diplomas - it's terrible. A doctor with a fake degree can kill a man.

Anyone with a fake diploma is dangerous, and a doctor and an engineer and a worthwhile architect

This is not a complete list of professions that require mandatory verification of diplomas.

Diploma and education is necessary to get a state job. There are a lot of professions where it is necessary to have a diploma and it takes time to get a diploma.

[lylya75]

News from Facebook

Accounting taken to the new level!
TrustED partners with Chris Hooper’s Accodex

TrustED is pleased to announce Australia’s largest crypto accounting firm Accodex lead by Chris Hooper has partnered with TrustED as the official legal, accounting and advisory firm. Accodex has advised several private ITO’s and has renowned experience in crypto and blockchain legislation.

[Aleksandra 81]

I wonder how much this service will cost for the university? After all, a lot of schools are budgeted and they don’t have a lot of funds.

Something is not clear. Why do universities have to pay for the authenticity of their diplomas? An employer may need to confirm an employee’s education diploma for verification. Universities just teach specialists.

You probably misunderstood. Universities will not pay for this service. On the contrary, universities should become partners of the project, it is in the interests of both parties.

Right. In order to check a diploma for authenticity, it is necessary to have information about a real diploma in the database. Just this data will provide the project universities that will become partners of the company.

[Charisma359]

News from Facebook

Accounting taken to the new level!
TrustED partners with Chris Hooper’s Accodex

TrustED is pleased to announce Australia’s largest crypto accounting firm Accodex lead by Chris Hooper has partnered with TrustED as the official legal, accounting and advisory firm. Accodex has advised several private ITO’s and has renowned experience in crypto and blockchain legislation.

It will be a mutually beneficial partnership. Legal Accodex lead by Chris Hooper companies only enter into contracts with promising projects. So the company saw the potential of a startup.

[Enchantment99]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

Oh, this is news. Blockchain allows you to create a reliable, publicly accessible database. Of course, this can be extended not only for diplomas.

Blockchain has already learned to use in different areas of our lives. As you can see, the turn has already reached the higher educational institutions.

[oficman]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

Oh, this is news. Blockchain allows you to create a reliable, publicly accessible database. Of course, this can be extended not only for diplomas.

Blockchain has already learned to use in different areas of our lives. As you can see, the turn has already reached the higher educational institutions.

Perhaps in the future, the project team will already cooperate not only with universities, but also with technical schools and secondary schools too.

[FORTUNA88]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

Oh, this is news. Blockchain allows you to create a reliable, publicly accessible database. Of course, this can be extended not only for diplomas.

Blockchain has already learned to use in different areas of our lives. As you can see, the turn has already reached the higher educational institutions.

Perhaps in the future, the project team will already cooperate not only with universities, but also with technical schools and secondary schools too.

These are, of course, good plans, but let the team first cover all the universities in the world. Then it will look: to start cooperation with technical schools or not?

[TrustEducation.io]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

Our goal is to turn TrustED into the industry standard for certificate accreditation. A go to portal and a global decentralized database containing every single certificate or academic credential one ever receives.
The market potential is high and is considered not only in the context of  documents for verification (not only diplomas but also any certificates and documents confirming certain academic competencies: this may be a degree, an MBA degree, a diploma, a certificate and any other academic credential issued by the educational institution) but also the market is considered in the context of the target audience that will use the platform for verification (Academic Institutions such as Universities, Trade Schools, Certificate Issuers etc. Recipients/holders of certificates/credentials such as students and graduates, as well as verifying parties such as employers or government agencies).
In a world whereby almost everything we see or do is digitalized, why are our certificates still issued on paper? Smartphones have now become the new “wallet”, whereby everyone carries their smartphone with them 24/7, having the ability to pay, navigate, search and retrieve information instantly. So why not add in an application which has your academic credentials stored on there and viewable in an instant? When you go for a job interview, your employer will be benefited by having the ability to simply send through a request to view your academic credentials from his smartphone and receive a response instantly. No more having to contact the university to confirm your accreditation, and no more doubt on what grades the employer received whilst studying. In addition, academic institutions will no longer have to worry about attending to verification requests from employers (saving time and costs) and will also have the benefit of knowing exactly what migrating students have studied. Lastly, no one wants to carry around a paper diploma anymore. No one wishes to carry around anything paper copy. 30 years from the time you graduate, one may find themselves changing career paths or changing employment. Keeping a paper diploma/certificate intact for 30 years can be difficult, but having it stored permanently on a digital portal makes it a breeze. With blockchain in its infant stages, and with firm belief that blockchain tech will be highly influential and adopted in the future brings great confidence in the future success of TrustED.

[lylya75]

Universities provide not only basic higher education, on the basis of universities are constantly held various training courses, issued various certificates, conducted various programs. People works at canditate and doctor's dicertations and get a different degrees. So universities issue a lot of different documents.

[veranika55]

You probably misunderstood. Universities will not pay for this service. On the contrary, universities should become partners of the project, it is in the interests of both parties.

In the post I quoted, a question was asked about the cost of services for universities. Therefore, I clarified.
[/quote]

For the service pay that person and companies that are interested in the service. For example a company thet hire a person for work and check his diploma. Universites just give the information abute all the diplomas, degrees and certificats they gave to users.

[Aleksandra 81]

I understand that the project is not going to dwell only on university diplomas? You can also use this project with other important documents?

Our goal is to turn TrustED into the industry standard for certificate accreditation. A go to portal and a global decentralized database containing every single certificate or academic credential one ever receives.
The market potential is high and is considered not only in the context of  documents for verification (not only diplomas but also any certificates and documents confirming certain academic competencies: this may be a degree, an MBA degree, a diploma, a certificate and any other academic credential issued by the educational institution) but also the market is considered in the context of the target audience that will use the platform for verification (Academic Institutions such as Universities, Trade Schools, Certificate Issuers etc. Recipients/holders of certificates/credentials such as students and graduates, as well as verifying parties such as employers or government agencies).
In a world whereby almost everything we see or do is digitalized, why are our certificates still issued on paper? Smartphones have now become the new “wallet”, whereby everyone carries their smartphone with them 24/7, having the ability to pay, navigate, search and retrieve information instantly. So why not add in an application which has your academic credentials stored on there and viewable in an instant? When you go for a job interview, your employer will be benefited by having the ability to simply send through a request to view your academic credentials from his smartphone and receive a response instantly. No more having to contact the university to confirm your accreditation, and no more doubt on what grades the employer received whilst studying. In addition, academic institutions will no longer have to worry about attending to verification requests from employers (saving time and costs) and will also have the benefit of knowing exactly what migrating students have studied. Lastly, no one wants to carry around a paper diploma anymore. No one wishes to carry around anything paper copy. 30 years from the time you graduate, one may find themselves changing career paths or changing employment. Keeping a paper diploma/certificate intact for 30 years can be difficult, but having it stored permanently on a digital portal makes it a breeze. With blockchain in its infant stages, and with firm belief that blockchain tech will be highly influential and adopted in the future brings great confidence in the future success of TrustED.

Thank you for such a detailed explanation of your plans. I like the idea of your TrustED project, because it will be of great benefit to the world. I sincerely wish the success of your team!

[barabeku]

News from Facebook

Accounting taken to the new level!
TrustED partners with Chris Hooper’s Accodex

TrustED is pleased to announce Australia’s largest crypto accounting firm Accodex lead by Chris Hooper has partnered with TrustED as the official legal, accounting and advisory firm. Accodex has advised several private ITO’s and has renowned experience in crypto and blockchain legislation.

It is very good when the projects has a strong anvisers. Account money is very important to every ICO. I thing that every ICO must have a good legal and account advicers.