Scenario: A global university, GlobalU, wants to modernize its system for issuing and verifying academic credentials. The traditional centralized system for diploma verification is prone to fraud, slow, and often requires intermediaries, leading to inefficiencies and privacy concerns.

Web3 Solution by Web3Dev:

1. Decentralized Identity Management:
   • Implementation: Web3Dev develops a blockchain-based identity system where students receive a unique, secure digital identity upon enrollment. This identity is stored on a blockchain, ensuring it can’t be altered or duplicated.
   • Benefit: Students control their own identity and can choose what information to share with potential employers or other institutions.
2. Smart Contract for Credential Issuance:
   • Implementation: Upon graduation, GlobalU uses a smart contract to issue digital diplomas or certificates. Each diploma is minted as a non-fungible token (NFT) on the blockchain, linked to the student’s digital identity.
   • Benefit: This ensures that diplomas are immutable and verifiable. Only GlobalU can initially issue these tokens, and the validity of the diploma can be instantly checked without contacting GlobalU.
3. Decentralized Verification Service:
   • Implementation: Web3Dev creates a decentralized app (dApp) where any entity (employer, another educational institution) can verify the authenticity of a diploma by querying the blockchain. The verification process is transparent, secure, and doesn’t require GlobalU’s direct involvement after issuance.
   • Benefit: Reduces administrative overhead for GlobalU, speeds up the verification process, and enhances privacy since only the necessary information is shared.
4. Privacy and Consent Layer:
   • Implementation: Students can control the visibility of their credentials. They can set permissions via the blockchain, allowing or revoking access to their diploma details.
   • Benefit: This empowers students with control over their personal data, reducing the risk of data breaches and enhancing personal data sovereignty.
5. Interoperability with Other Institutions:
   • Implementation: Web3Dev ensures the system is compatible with other blockchain-based educational platforms, allowing for seamless global recognition and verification of credentials across different educational systems.
   • Benefit: Facilitates international mobility for students and professionals without the need for cumbersome paperwork or long verification periods.

Outcome:

• GlobalU reduces costs and administrative efforts related to credential management.
• Students enjoy quicker, more secure, and private ways to share their academic achievements.
• Employers and other institutions trust the authenticity of credentials with less friction, fostering a more dynamic, transparent, and efficient global educational ecosystem.

This use case leverages Web3 technologies to transform traditional educational processes, making them more aligned with the needs of a digital, decentralized future.