Fraudulent credentials are a global problem that costs billions of dollars each year. The intense competition in the job market is a major driver of this problem, as individuals are motivated to enhance their qualifications or obtain specific certifications to stand out from other candidates.<\/p>\n
Blockchain technology has the potential to revolutionize the way that skill credentials are verified, making the process more secure, efficient, transparent, and cost-effective. This could help to protect the public, businesses, and individuals from financial losses due to skill-role mismatch and employee incompetence. It could also help organizations to comply with regulations. Currently, verifying credentials is a long and costly process. Blockchain could help to streamline this process and make it more accessible to everyone.<\/p>\n
Infosys Blockchain<\/a>\u00a0has come up with a robust offering to address this challenge – the\u00a0Infosys Blockchain Skills Verification Solution.\u00a0This solution\u00a0is powered by blockchain technology and provides transparency in the independent verification process of badges and certification credentials for job seekers.<\/p>\n We have implemented the Blockchain Skills Verification Solution<\/a> in the Infosys Wingspan<\/a> platform. This solution allows companies and individuals to verify the credentials of badges and certifications independently. With this solution, holders have complete control over their credentials. Learners can share a badge with their employer or client, who can then verify it on the Verification Portal without needing any additional information.<\/p>\n","protected":false},"excerpt":{"rendered":" Fraudulent credentials are a global problem that costs billions of dollars each year. The […]<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[],"coauthors":[179],"class_list":["post-1795","post","type-post","status-publish","format-standard","hentry","category-blockchain-01"],"acf":[],"_links":{"self":[{"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/posts\/1795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/users\/264"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/comments?post=1795"}],"version-history":[{"count":2,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/posts\/1795\/revisions"}],"predecessor-version":[{"id":1800,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/posts\/1795\/revisions\/1800"}],"wp:attachment":[{"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/media?parent=1795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/categories?post=1795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/tags?post=1795"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.infosys.com\/emerging-technology-solutions\/wp-json\/wp\/v2\/coauthors?post=1795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}