PwC and ICAS issue digital certificates on blockchain (information-age.com)
According to PwC, issuing credentials on blockchain could significantly reduce employers’ screening costs

“Like many others, I take pride in the certificate hanging on my wall but cannot take it down and share it when I need to, or keep a digital record of my ongoing professional development," said Steve Davies, global blockchain leader at PwC.

PwC has announced the launch of its Smart Credential platform which harnesses blockchain technology to issue staff with digital versions of their certifications, which are then kept in virtual wallets.

The new platform is being trialled by PwC staff who have qualified with the Institute of Chartered Accountants of Scotland (ICAS) in the last two years.

According to PwC, Smart Credential is a secure and tamper-proof digital ledger that allows users to store, share and verify professional qualifications in real time.PwC is hopeful that it could significantly reduce employers’ screening costs and help them to move away from paper credentials.

AdobeStock_173877498-1024x440-1-150x150.



Predictions for 2019: Blockchain, AI and AR technology, Transitioning from unfamiliar entities into targeted solutions


Predictions for Blockchain, AR and VR technology: High in the sky aims have given way to clear, targeted goals and expectations


“Blockchain is traditionally associated with financial uses given its link to cryptocurrencies, but there are a wealth of potential use cases for this emerging technology and one of them is in overcoming the challenges of digital identity,” said Steve Davies, global blockchain leader at PwC.

“We’re seeing high demand for verified, trusted and irrefutable identities from many different types of organisations, but a common challenge for employers is ensuring that an applicant holds the credentials listed on their CV,” said Steve Davies, global blockchain leader at PwC.

“Like many others, I take pride in the certificate hanging on my wall but cannot take it down and share it when I need to, or keep a digital record of my ongoing professional development.

”He added: “Blockchain was designed to allow participants to share data without needing intermediaries. No one party has central ownership, so individuals get more control over their personal data. In this first project with ICAS, the data is a Chartered Accountant certificate, but you can also see the potential in any case where credentials are earned and continually updated – such as medical professionals, pilots or safety engineers.”


hopes-for-blockchain-900x440-1-150x150.j



High hopes for blockchain as enterprises lean into experimentation mode


Great expectations for blockchain as enterprises lean into experimentation mode, says KPMG


AdobeStock_168588656-1013x440-1-150x150.


Dismiss the future of Blockchain at your own peril


There are two reasons to consider investing in blockchain says Dr. Demetrios Zamboglou as he ponders the future of blockchain
    • 1
    Francisco Gimeno - BC Analyst Imagine going to a job interview without original papers, photocopies, certificates, pics, recommendations, copies of your CV... imagine being a HR Manager and not be drowning in papers and documentation... that is what blockchain helps to happen in the next future, starting now. The trend is that in very few years all our career and papers will be in our blockchain, duly certified and authenticated.