May 19, 2019 — Adelaide — TrustED, an Australian start-up dedicated to bringing transparency to verification of academic credentials via blockchain, and Binance, world’s largest cryptocurrency exchange and developer of proprietary blockchain Binance Chain, have entered an agreement to launch TrustED on Binance Chain.

The world’s largest cryptocurrency exchange Binance has recently launched the main net for Binance Chain, a blockchain software system initially developed by Binance and its development community. Boasting one second block times, transactions that take place on the innovative Binance Chain can be confirmed with near-instant finality. …

To the TrustED community,

It’s rather evident that the current bear market within the cryptocurrency and blockchain industry has had a rather significant negative impact on ICO/ITO’s, crypto startups, current crypto projects and overall market sentiment and adoption. Some of the largest crypto currency exchanges are being forced to remove staff, whilst the overall volume and demand for adopting and utilizing crypto projects takes a significant dive. In addition, there contains much uncertainty over the current state of ICO/ITO’s as the SEC begins investing several crypto startups and past ICO/ITO’s.

Despite TrustED gaining traction with private investors in the ITO…

Each of you might have faced with the inconveniences associated with the process of verification of the academic credentials.

The current system of credential verification is slow, inaccurate and ineffective, and this can simply be observed in high profile cases of resume fraud. Take for instance, the former CEO of Yahoo, Scott Thompson, who has a degree in accounting, but for 10 years claimed in his resume that it was a degree in computer science, from a university that did not even offer a computer science program until four years after Thompson graduated. Similarly, a respected and popular professor, David…

The platform is designed to help overcome the currently insufficient system by enabling academic credential issuing authorities to store credentials and certifications on a distributed global ledger, rather than centralized databases. It provides credential holders a secure network to preserve, access and share their academic qualifications at their own discretion, as well as the immutable assurance that their private data will be immune from removal, alteration and/or unauthorized access. As a result, TrustED enables employers to validate credentials of prospective employees without requiring third-party intermediaries, or a lengthy process. …

The General Data Protection Regulation (GDPR) is a regulation in EU law on data protection and privacy for all individuals within the European Union and the European Economic Area. It addresses the export of personal data outside the EU and EEA areas thus affecting almost every company operating worldwide.

Introduced on May 25th 2018, the law is a replacement for the 1995 Data Protection Directive, which has until now set the minimum standards for processing data in the EU. GDPR significantly strengthens a number of rights: individuals will find themselves with more power to demand companies reveal or delete the…

Students and universities are welcome to test the MVP

2018, November 7th — After many months of development, analysis, feedback, implementation and more development the TrustED team in conjunction with NetObjex Inc is proud to announce the release of our minimal viable product (MVP) which demonstrates how academic credentials such as transcripts, certificates and diplomas can be uploaded and stored digitally on blockchain. The MVP, which is the initial alpha release of the application enables institutions, students/employees and employers/verifiers the ability to sign up under their respected domain and utilize the application to a significant extent, considering the MVP is still in alpha development.

Institutions have the ability to…

TrustED Blockchain Ecosystem

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