The European Commission is making strides towards adopting blockchain technology to transform the verification process of educational and professional credentials across countries. In an effort to achieve this goal, the EU-funded EBSI Vector project has partnered with Protokol, a blockchain solutions provider.
The collaboration aims to leverage blockchain technology in developing a credential verification solution. The goal is to simplify the process for EU citizens to have their educational and professional credentials recognized and accepted in different countries.
According to Protokol CEO Lars Rensing, the objective of the collaboration with EBSI Vector is to establish a digital infrastructure that is open, secure, and decentralized, not only for the European Union but also for broader applications beyond its borders.
Rensing stated:
We believe that blockchain and Web3 technology have enormous…