EU to use blockchain for educational and professional credential verification
The EU’s EBSI Vector project and blockchain service provider, Protokol, are creating a blockchain-based cross-border credential verification program for EU citizens. The European Commission has moved to impleme educational and professional credentials will be verified across borders. In an announcement on June 7, the Web3 and blockchain solutions provider, Protokol, revealed a collaboration with EBSI Vector, a European Union-funded project creating a decentralized framework for cross-border verification . The project will use blockchain technology to develop the forthcoming credential verification solution, which aims to simplify the process for EU citizens to have their credential s recognized and accepted in different countries. Lars Rensing the CEO of Protokol said the goal is to create a more open, secure and decentralized digital infrastructure for the EU and beyond. “We believe that blockchain and Web3 technology have enormous potential to transform a wide range of industr...