ICONLOOP and POSTECH Issue Blockchain Diplomas to All Graduates in a First for Korea

ICONLOOP and POSTECH Issue Blockchain Diplomas to All Graduates in a First for Korea

broof, the service used to issue the diplomas, is ICONLOOP's blockchain certificate issuance service. It lets institutions issue certificates without building a separate database system, cutting the cost of issuing and storing paper documents. Recipients, for their part, can easily look up their blockchain certificates anytime and anywhere, and can protect their personal information by choosing for themselves what certificate details to disclose.

POSTECH, which has led the way in blockchain by building a blockchain campus among other initiatives, becomes the first educational institution in Korea to issue blockchain-based credentials with this diploma rollout. The university expects blockchain diplomas to increase the transparency of credential verification.

"With POSTECH's blockchain diplomas as a starting point, education too can adopt a verification system that is trustworthy, transparent, and fair," said ICONLOOP CEO JH Kim. "Going forward, we intend to use blockchain technology to establish an entirely new ecosystem not only in education but in the recruitment and job-seeking market as well," he added.

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