https://t.co/E9BAwXEp2X

4/4: With Credentify credentials can be confidently shared with the world, ensuring instant, transparent verification, fostering an environment of trust. #blockchain #Credentify #Transparency #security

3/4: 𝐈𝐦𝐦𝐮𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲, 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲, 𝐚𝐧𝐝 𝐓𝐫𝐮𝐬𝐭 - 𝐓𝐡𝐞 𝐏𝐢𝐥𝐥𝐚𝐫𝐬 𝐨𝐟 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 Every credential issued is a testament to authenticity, backed by the transparent nature of blockchain.

2/4: Blockchain is a powerful technology that makes your credentials unchangeable, tamper-proof and secure, yet easily accessible. With Credentify, you get the confidence of robust blockchain protection, delivered in a user-friendly platform that simplifies the complexities.

1/4: 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐚𝐧𝐝 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 – 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡 𝐢𝐧 𝐒𝐢𝐦𝐩𝐥𝐢𝐜𝐢𝐭𝐲 Imagine a digital fortress that safeguards your credentials around the clock. That's the magic of blockchain.

4️⃣ Centralization Risks · Single point of failure in centralized systems. · Data breaches can compromise all records. 🌟 Takeaway Embracing interoperability and centralized access is crucial. The future demands efficient, cost-effective, and integrated credential mgmt systems.

2️⃣ Rapid Tech Changes · Today's solutions might be obsolete tomorrow. · Future-readiness is often overlooked. 3️⃣ Digital Identity Construction · Current systems fall short in supporting digital identity vision. · Trustworthy digital identities are the future.

🔍 Part 2: Interoperability & Future-Proofing 1️⃣ Platform Dependency · Credentials on one platform might not be recognized on another. · Seamless verification becomes a challenge.

4️⃣ LinkedIn Integration Gap · Manual addition of verified credentials. · Missed opportunities for job seekers and recruiters.

2️⃣ Verification Hurdles · Rise of online courses complicates authenticity checks. · Employers face challenges in credential legitimacy. 3️⃣ Costly Access · Platforms like National Student Clearinghouse charge for records. · Sharing and verification come with added costs.

💡 The Modern Struggles of Credential Management 🔍 Part 1: Lifelong Record Management & Access 1️⃣ Fragmented Systems Limit Efficiency · Multiple platforms for record-keeping. · Gathering records becomes a tedious task.

Sources: $4.35 Million Average Business Data Breach Cost: https://t.co/qCaqDvMBug Higher Education Data Breach Statistics: https://t.co/ini0Pj3Xy4 https://t.co/6eWZwqlQ5r https://t.co/I0HYbszCjr (9/9)

🌟 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲 Simplifying and securing the record-keeping and verification processes saves time, money, and enhances trust benefiting all stakeholders. Sources: Tampa General Hospital Data Breach: https://t.co/YB7aDfGKf8 (8/9)

6️⃣ 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 · Traditional verification processes are often shrouded in secrecy. · This makes it difficult for verifiers such as employers to trust the system. (7/9)

5️⃣ 𝐓𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐕𝐞𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐒𝐥𝐨𝐰 𝐚𝐧𝐝 𝐂𝐨𝐬𝐭𝐥𝐲 · Verifying credentials often involves long wait times and high fees. · Services like the National Student Clearinghouse charge a minimum of $12.50 per confirmed degree verification(5days) (6/9)

4️⃣ 𝐇𝐢𝐠𝐡𝐞𝐫 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐢𝐬 𝐍𝐨𝐭 𝐈𝐦𝐦𝐮𝐧𝐞 · Data breaches at colleges and universities have affected over 32 million records in the last two decades. · The average cost of a data breach in the higher education sector in 2023 was $3.7 million. (5/9)

3️⃣ 𝐕𝐮𝐥𝐧𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐂𝐲𝐛𝐞𝐫 𝐀𝐭𝐭𝐚𝐜𝐤𝐬 · Record-keeping systems are not immune to hacking. · May: Tampa General Hospital reports confidential data of 1.2 million patients was hacked · Data breaches cost businesses an average of $4.35 million in 2022. (4/9)

2️⃣ 𝐓𝐡𝐢𝐫𝐝-𝐏𝐚𝐫𝐭𝐲 𝐕𝐚𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐀𝐝𝐝 𝐂𝐨𝐦𝐩𝐥𝐞𝐱𝐢𝐭𝐲 · Reliance on third-party services for record verification adds another layer of inefficiency. · It's time-consuming and often lacks transparency. (3/9)

1️⃣ 𝐃𝐮𝐩𝐥𝐢𝐜𝐚𝐭𝐞 𝐑𝐞𝐜𝐨𝐫𝐝𝐬 𝐃𝐫𝐚𝐢𝐧 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 · Institutions and Organizations often maintain duplicate records. · This leads to wasted administrative effort and costs. (2/9)

💡 Challenges in the World of Credentials Part 2: 𝐈𝐧𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐑𝐞𝐜𝐨𝐫𝐝-𝐊𝐞𝐞𝐩𝐢𝐧𝐠 𝐚𝐧𝐝 𝐕𝐞𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 (1/9)