When you visit LinkedIn, you’ll notice that over half of the users there have added digital badges to their profiles in addition to sharing their accomplishments in that manner. Digital Credentials are the better way to showcase certificates and badges. They provide a quick method for managing and verifying your online achievements, digital badges, and awards.
What is going on with all this online buzz about Digital Credentials?
In the simplest terms possible, digital certificates and digital badges are the digital equivalents of classic paper-based certifications. They are given out for completing online degrees, eventually joining organizations, specifying individual activities, accomplishing assignments, and more.
These digital credentials are supported by strong blockchain technology to provide it with an additional layer of security.
Blockchain technology is linked with advanced and powerful databases and digital ledgers that are secure and protected with bank-level encryption. These databases and ledgers record and store the credentials issued through their system.
Additionally, digital credentials are enabled with a digital key or digital passcode to ensure secure access to documents. This prevents the credential from being altered or accessed by unauthorized parties.
Who are they beneficial to and how?
For Academic Institutions:
Globally, the education sector has transformed since Blockchain Digital Credentials. The necessity for virtual learning platforms and technological advancements has increased as a result of the recent worldwide pandemic that forced individuals to stay in their homes under quarantine.
Blockchain technology is already being used by EdTech businesses like Udemy, Coursera, and UpGrad to improve learning experiences and expand educational platforms. It is essential to digitalize educational institutions by utilizing innovation and cutting-edge technologies.
The first phase in the university’s digital transformation is the issuance of digital credentials using a blockchain-based credential platform.
For Hiring Managers:
To ensure unbiased results based on performance indicators, we evaluate the digital credential using analytical methodologies for verified certificates. This provides the recruiter with trustworthy evaluation reports that enable them to assess the candidate’s suitability for the desired employment role.
Additionally, hiring managers don’t have to be concerned about fake credentials any longer because it takes just a few clicks to confirm the authenticity of the credential being offered. This eliminates the need to back and forth over a candidate’s qualifications.
For the requirement of retraining and reskilling:
Recent McKinsey research indicates that 87 percent of the firms surveyed currently have or will have talent gaps during the next two years.
Businesses need to make sure that their employees have access to necessary digital tools and undergo appropriate training. Employers will be able to choose the best candidate for the job and employees will be able to advance their careers by receiving digital certificates for training in the technologies and skills necessary for a modern workplace.
Three Common Types of Digital Credentials:
- Digital Certificates,
- Digital Badges, and
- Micro-Credentials are the three most popular varieties of digital credentials.
Digital badges and digital certificates are both types of digital credentials, however they differ from one another in certain ways.
- Digital certificates, which are equivalent to paper certificates, are highly prized and commonly given with the authorization and signature of the company. Academic institutions or other organizations frequently offer digital certifications to acknowledge a learner’s successful completion of a course or degree.
- Open badges, which Mozilla founded in 2011, are a particular kind of digital badge that comes with a set of standards that verify the badge’s validity. They are neither a product nor a platform. A digital badge shows a learner’s achievement, including the organization’s approval, recipient’s name, and authenticated evidence.
- Micro-credentials are a cutting-edge approach to granting students and business professionals the skills and knowledge they need to thrive in today’s increasingly virtual era. Micro-credentials give learners the chance to showcase their professional talents throughout their professions. Non-degree certification and micro-qualifications have evolved, showing a shift in perspective and demands toward shorter, more focused credentials.
Implementation of Digital Credential Management Software:
Every business, whether it be organizational, event management, or human resource, includes certifications as a cornerstone of several programs, which makes it necessary to continuously create and share digital credentials.
Having said that, we can all agree that building a certification platform from scratch presents several difficulties; in addition, the manual work and operational costs necessary can be time-consuming and expensive at first.
Why not utilize an integrated digital credentialing system to reduce expenses and effort? Consider the well-known digital credential management programs listed below to aid in your decision:
With only a few clicks, CertifyMe allows educators and Organizations to grant cryptographically verifiable certificates and badges. 1800+ global brands use CertifyMe’s SaaS-based digital credential platform.
CertifyMe uses AWS Quantum ledger and other cutting-edge technologies to guarantee the security of your credentials. The technologies make the credentials immutable, transparent, and cryptographically verifiable. The 40+ feature set includes advanced capabilities such as cryptographic signatures based on the RSA SHA-1 algorithm, Id tagging, barcodes, and QR codes. These features provide sophisticated functionality for the system.
To help users build their own Digital Credential Platform in their industry, CertifyMe offers White Labeled solutions. CertifyMe guarantees the highest level of security and customization.
The Credly Acclaim digital badging technology has the enterprise-class capability to deploy and administer programs, as well as improved analytics to evaluate performance. It also has the most robust features for designing and issuing badges.
Credly furthermore offers a report on the volume of visitors your badges are bringing in for marketing ROI. Due to its quality infrastructure, Credly has earned the trust of the leading training companies, certification agencies, schools of higher learning, associations of professionals, and employers.
The most complete digital badge and credential platform in the world is Accredible. The Accredible suite includes digital certifications, open badges, wallet credentials, the Highlighted “Certified Professional” database, and premium white labeling.
You may streamline your issuing process with Accredible’s several LMS and software interfaces, including Canva, Moodle, WordPress, Microsoft Azure AD, and others. Along with accurate skill-based research and marketing features, they also provide job market analytics to inform their clients about the impact of credentials.
By enabling its users to design and create digital and verifiable certificates, Sertifier is an integrable technology and web application that improves the standard approach to creating and issuing certificates. Institutions, academies, universities, and schools can deliver digital certificates and badges with ease thanks to Sertifier. It enables seamless integration with any third party or your LMS.
Certifier lets you quickly issue certificates, create recipient groups, edit and resubmit issued certificates, and remove expired certificates.
With a simple and intuitive UI, Certifier is a very functional and user-friendly internet app. The program comes with all the functionality required for creating, designing, issuing, and sending certificates. It is more than just a visual editor and set of templates.
Are Digital Credentials worthwhile in light of all of this? What is the future of digital credentials?
Digital credentials are building a fully recognized value system. Utilizing those qualifications is the following step in this process. Given the growing popularity of digital credentials, we have more data than ever to help businesses create effective, data-rich digital credential systems.
Badges and certifications trend up due to insufficient skilled individuals or a significant skills gap.
Positive trends including increased access to high-quality education, decreased cost, increased business-university collaboration. Also, the opportunity for more individualized learning all point to a bright future for digital credentials.
With schools and universities gaining popularity for their digital credentials, it will be fascinating to watch. If this popularity translates into an increased collaboration between top corporations and higher education institutions that awards university credits.