Tony D’Addeo  pfp
Tony D’Addeo
@deodad
is there a service that issues onchain credentials for things like college degress?
4 replies
0 recast
8 reactions

Chinmay 🕹️🍿 pfp
Chinmay 🕹️🍿
@chinmay.eth
At least 10-15 companies try it in every bull market. The biggest problem is that colleges don't have a reason to change their current process. If anything, they make money from printing paper degrees. So, they continue doing it. In order for adoption, 1. It has to be demanded from the employers. 2. Colleges have to figure out a new revenue model from onchain degrees.
1 reply
0 recast
2 reactions

Tony D’Addeo  pfp
Tony D’Addeo
@deodad
my thought was the company independently verifies the credential so that it’s not blocked on colleges getting onboard hard to get people to do it but if there was a legit use case like an anon.world anonymity set possible you could get a 1k ivy leaguers or some other group to do it
1 reply
0 recast
1 reaction

Chinmay 🕹️🍿 pfp
Chinmay 🕹️🍿
@chinmay.eth
So, in the last cycle I helped out some background check agencies to achieve similar goals. 1. They do the degree verification anyways. 2. They can create an onchain proof for these individuals. 3. If it works, they can create a platform/ecosystem for other background checker agencies. It didn't work because onchain proof would require less background checks, and therefore eventually cannibalize their own business. So, the executives killed it.
1 reply
0 recast
1 reaction