With the advent of blockchain technology, digital startups have started to create a network of value that provides customers with a unique method of transferring ownership and recording the settlement of real-world assets.
Proxeus can be thought of as a new workflow engine and platformthat can be used by tech-driven…
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Proxeus created a decentralized application to issue education certificates
- By Nuadox Crew -
In under 100 hours, Proxeus created a dApp (decentralized application) to issue certificates for the “Bitcoin, Blockchain und Kryptoassets” course run by the University of Basel’s Center of Innovative Finance (CIF) and registering them on Ethereum, making CIF the first institution in Switzerland to use blockchain to secure their academic credentials from fraud.
Two tools have been created - one that the university staff can use to create the certificate and register it to the blockchain with its unique hash. The second tool is publicly available, allowing anyone to verify that the electronic document has been issued by the university, and that the content is accurate.
“We are particularly proud of this project,” said cofounder Antoine Verdon. “Proxeus has been intended from the beginning to be easy to use, efficient, and blockchain agnostic. In less than a month, we have deployed two functioning prototypes on two different blockchains - and this one took less than a week to take from concept to completion.”
This first prototype will be used to create certificates of completion for CIF’s blockchain course - but Managing Director of CIF Dr. Fabian Schär believes it’s just a first step towards securing academic credentials with the new technology.
“Fraud is a problem in academia just as it is in any field,” he said. “By registering credentials on an immutable, decentralized ledger, we provide an extra layer of security for graduates and potential employers. These credentials can’t be faked, and can be easily verified online. It will introduce a new paradigm of security and offer value to all parties - employers don’t lose time checking credentials, graduates have an edge, and the institutions themselves reduce their reputational risk and a significant administrative burden.”
Proxeus wants to be the WordPress of blockchain – TechCrunch
Proxeus wants to be the WordPress of blockchain – TechCrunch
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Can blockchain technology fix the soul sucking tedium and cost of back-and-forth bureaucracy? The Swiss team behind a blockchain-based platform, called Proxeus, believes it can — and that that will be just the tip of what decentralization brings down the pipe, once components such as crypto identities become an accepted (and legal) standard.
Proxeus wants to be the WordPress of blockchain Can blockchain technology fix the soul sucking tedium and cost of back-and-forth bureaucracy? The Swiss team behind a blockchain-based platform, called Proxeus, believes it can — and that that will be just the tip of what decentralization brings down the pipe, once components such as crypto identities become an accepted (and legal) standard.
Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ Time
Blockchain workflow engine and generator Proxeus and era corporate IBM Switzerland have proven how one can sign in a Swiss startup fully on Blockchain in a “fraction” of the time historically required as a part of their access within the digitalSwitzerland problem, Proxeus instructed Cointelegraph. Proxeus, described because the “WordPress for Blockchain,” raised $25 mln…
Proxeus, IBM Register A Business On Blockchain In ‘Record Setting’ Time was originally published on Daily Cryptocurrency News
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