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Blockchain your certificates
ICAS has revealed it is trialing the use of blockchain technology to issue digital certificates to its newly qualifieds,
ICAS has revealed it is trialing the use of blockchain technology to issue digital certificates to its newly qualifieds, with the help of PwC and its Smart Credential platform.
All staff who have qualified with ICAS at the Big 4 firm in the past two years are being given access to a virtual wallet. This allows owners complete control over sharing their professional credentials digitally, reducing the exposure to fraud.
ICAS CEO Bruce Cartwright said: “Our newly qualified members involved in this trial can now take control of their personal data by replacing the paper-based certificate with a secure digital version. Not only this, but the technology allows instant verification of their credentials, putting an end to the back-and-forth involved in establishing good standing and ensuring our members can get on with their jobs.”
Steve Davies, global blockchain leader at PwC, explained: “The ability to prove your identity online is critical in today’s digital world and the same is true of the qualifications you hold.” He admitted that, like many others, he takes pride in the certificate hanging on his wall – but you cannot take it down and share it when you need to.
However, the demand for verified, trusted and irrefutable identities from many different types of organisations is rising. Potential employers, in particular, want to ensure that an applicant holds the
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