In Saudi Arabia…a new agreement to authenticate academic certificates via blockchain technology
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Answer In Saudi Arabia…a new agreement to authenticate academic certificates via blockchain technology
Wadi Taiba Company – a subsidiary of Taibah University in Madinah – and Elm Company – specialized in information security – signed a cooperation agreement aimed at developing a product for documenting digital academic certificates, known as “Digital Education Certificate” via blockchain technology.
The product aims to authenticate and authenticate educational certificates through modern technologies, in order to contribute to building the innovation system and linking it to local economic products.
The CEO of Wadi Taiba Company, Dr. Abdulrahman Al-Olayan, explained that the development of the digital academic certificate documentation product will contribute to reducing dependence on increasing reliability and will increase the speed of performance and the level of efficiency by relying on the blockchain technology used to verify transactions and academic certificates to a degree. High security and ease of sharing with different parties.
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Al-Olayan added that this product is a new step from the general goal of moving towards innovation with one of the leading innovative companies in digital transactions in Saudi Arabia, Elm.
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