TrustED is the first-of-its-kind academic credential verification service, that brings honesty, legitimacy, and convenience to the education and human resources industry. TrustED leverages cutting edge blockchain technology to mitigate many of the problems faced in the process of academic credential verification and storage.
TrustED cryptographically secures and stores academic credentials issued by universities on their network. Students now have a secure network to preserve, access and share their academic qualifications at their own discretion, as well as the immutable assurance that their private data will be immune from removal, alteration and/or unauthorized access.
The TrustED platform helps overcome the currently dysfunctional system by enabling academic institutions to store credentials and certifications on a distributed global ledger, rather than centralized databases. These institutions act as the verifying authorities, ensuring that each academic credential is authenticated directly from the source.
Employers can validate credentials of prospective employees without requiring third parties, or a lengthy process. TrustED offers governments a reliable source of document verification for immigrant workers, and furthermore, it brings to light any fraudulent claims much more efficiently than currently possible.
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TrustED Concept Formed
Outline development & business outlook
Assemble team of University, blockchain & crypto experts
Discuss and Innovate on how to develop TrustED with experts from Academic Institutions
Begin development of the TrustED Proof of Concept
Further expand and network with Academic Institutions and potential users. On boarding our first 2 academic institutions to run the TrustED Proof of Concept
Final adjustments to The TrustED Proof of Concept
Initial trial phases of The TrustED Proof of Concept (On boarded academic institutions trial The TrustED protocol proof of concept)
Further expand and propose the TrustED protocol to academic institutions.
TrustED Private Pre-Sale
TrustED Public ITO
Begin incorporating The TrustED Proof of Concept into Mainnet for institutions.
Release first version of TrustED Quarterly Update, outlining the technical development progress, business progress and up and coming events.
Expansion and On-boarding Users and Institutions. Specifically targeting European, Asian, Australian and US institutions.
Release second version of TrustED Quarterly Update, outlining the technical development progress, business progress and up and coming events.
TrustED Mainnet Released to Public.
Geographical expansion and strategic marketing to grow the ecosystem + On-going TrustED Quarterly Updates.
Final countdown before the release
We are happy to announce that TrustED platform is soon to be released. Our tech team is putting finishing touches to the system while our sales team keeps attracting interest of leading universities all over the world. Thank you for being with us and stay tuned!read more
TrustED partners with Chris Hooper’s Accodex
TrustED is pleased to announce Australia’s largest crypto accounting firm Accodex lead by Chris Hooper has partnered with TrustED as the official legal, accounting and advisory firm. Accodex has advised several private ITO’s and has renowned experience in crypto and blockchain legislation.read more
No Wall Pte Ltd, a Singapore-based ICO consultancy company, is pleased to announce that it has added TrustED as a new client. No Wall will be supporting TrustED in their ICO listing on Japanese cryptocurrency exchanges, as well as facilitating business development and introducing legal counsel for translation of whitepaper.read more
Academic Institutions such as Universities, Trade Schools, Certificate Issuers etc. Recipients/holders of certificates/credentials such as students and graduates, as well as verifying parties such as employers or government agencies.
Our goal is to turn TrustED into the industry standard for certificate accreditation. A go to portal and a global decentralized database containing every single certificate or academic credential one ever receives. When an employee attends a job interview, we don’t want them having to worry about carrying their paper diploma with them, and when an employer interviews a job candidate we want them to be able to instantly view and verify their academic credentials and achievements.
The platform leverages blockchain technology to solve several issues that are currently related with the current system. In addition, the platform utilizes a cryptocurrency as the main utility function on the platform, whilst also enabling participants of the platform such as node operators to be rewarded for their work which in turn keeps the platform running and decentralized.
TrustED received series A seed funding in November 2017 to produce the technology and begin engagement with relevant parties and partners. Our next crowdfunding campaign will be the official TrustED ITO.
Failure of mass adoption. Although TrustED has been successful so far in onboarding academic institutions to pilot the technology, it is evident that not all institutions would be willing to join the network. Despite this, the TrustED platform will enable holders of certificates/credentials the ability to upload the credentials themselves, utilizing TrustED as a personal cloud storage specifically for academic achievements and certificates, hence minimizing the risk mentioned above.
Our full GitHub is currently set to private to protect Intellectual Property and only viewable by legitimate interested parties. Please contact us and we’d love to share it with you.
TrustED has strategically onboarded advisers and core management from academic institutions to specifically assist with the adoption of TrustED amongst academic institutions. In addition, a large amount of our budget will be dedicated to marketing and ensuring we put our primary focus into acquiring users onto the platform. Evidently, not all academic institutions or certificate issuers will wish to join the network. This is market risk will be mitigated as trustED will enable holders of certificates and academic credentials the ability to upload their own personal credentials onto the platform. Leveraging blockchain technology, TrustED will act as a lifetime permanent cloud storage service for their academic credentials. In addition, they will have the ability to request their academic institutions to verify the credentials even if they aren’t apart of the network.
There are several startups, both blockchain and non blockchain related attempting to digitalize academic credentials or employment history. That being said, TrustED specifically focuses on only academic credentials and achievements, whilst also enabling not only academic institutions to upload onto the platform, but also students and holders of their credentials.
TrustED could not be where it’s at without its amazing Technical Partners. TrustED’s technical Partners have been a massive influence to the current success of the TrustED Technology and ensuring we have a working product which surpasses industry standards.
Yes. In a world whereby almost everything we see or do is digitalized, why are our certificates still issued on paper? Smartphones have now become the new “wallet”, whereby everyone carries their smartphone with them 24/7, having the ability to pay, navigate, search and retrieve information instantly. So why not add in an application which has your academic credentials stored on there and viewable in an instant? When you go for a job interview, your employer will be benefited by having the ability to simply send through a request to view your academic credentials from his smartphone and receive a response instantly. No more having to contact the university to confirm your accreditation, and no more doubt on what grades the employer received whilst studying. In addition, academic institutions will no longer have to worry about attending to verification requests from employers (saving time and costs) and will also have the benefit of knowing exactly what migrating students have studied. Lastly, no one wants to carry around a paper diploma anymore. No one wishes to carry around anything paper copy. 30 years from the time you graduate, one may find themselves changing career paths or changing employment. Keeping a paper diploma/certificate intact for 30 years can be difficult, but having it stored permanently on a digital portal makes it a breeze. With blockchain in its infant stages, and with firm belief that blockchain tech will be highly influential and adopted in the future brings great confidence in the future success of TrustED.
TrustED utilized innovative blockchain technology to ensure the legitimacy of academic credentials. The current system today is slowly digitalizing academic credentials, minimizing the issue of removing inconvenient paper copies, however, the systems are being run on highly centralized databases prone to system downtime, data manipulation and costs. TrustED is unique in the fact it utilizes a decentralized ledger in blockchain technology to complete the task. In addition, TrustED is unique from its blockchain competitors, as it gives students and holders of certificates the ability to upload their achievements and credentials onto the platform to stimulate growth and use case amongst the ecosystem.
TrustED has successfully signed on board several academic institutions to trial or utilize the platform in 2019. Amongst these institutions over 100,000 students will have their academic credentials entered into the ecosystem giving TrustED great traction moving forward. TrustED has also secured seed funding and private funding from venture capitalists to build the technology demonstrating confidence and faith within the project from investors.
TrustED is free!
TrustED has successfully built a fully working product which is just a few modifications away from being fully operational by the general public. In addition, we’ve onboarded academic institutions to trial the platform as well built an impressive team and advisory board to ensure the success of the TrustED project.
The full TrustED product and ecosystem is scheduled to go live not after Q3 2019.
TrustED understands the crypto world lacks the efficient regulation in comparison to similar industry standards such as the stock market and this is why the appropriate due diligence is required before purchasing tokens or taking part in any ICO/ITO to prevent possible scams. TrustED is a legal operating company registered and regulated by the Commonwealth of Australia which is supported and advised by some of the most highly regarded accountants and legal advisers in Australia as well as the crypto world. Our core team has worked for some of the largest companies in the world, whilst our board of advisers are involved with some of the largest academic institutions in the world. In addition, our team and board have been involved with some of cryptos most successful projects, including Ripple, QTUM, Crypto20 to name a few. We understand the potential risks involved when taking part in an ICO/ITO and we are more than happy to answer any questions or concerns you may have if you wish to get in contact with us.
TrustED utilizes secure cryptographic mechanisms to ensure the data (academic credentials and information) stored on the ecosystem is protected and kept secure.
Marketing and Outreach: 25%
Administrative and Operations: 25%
Research and Development: 15%
Launch Expenses: 15%
Legal Expenses: 5%
Strategic planning with our CFO, accounting partners Accodex, management team and advisers on the best approach to long term sustainability and growth.
TrustED has set a hard cap for the ITO, so once this is met the ITO will immediately be over and no more funding will be accepted by the smart contract.
Yes we can. Our soft cap is enough to ensure adequate growth and marketing for the TrustED Project. Our initial seed funding was spent on research and technology development, hence, a majority of technical development costs have been already funded. The larger the ITO raise, the more funding for marketing and expansion.
The Token Reserve will be used for a number of contingencies that TrustED may face. This includes marketing, incentives, business development to name a few.
TrustED will be using a bounty program! For more information on our bounty stay tuned.
The TED Token has an initial value of 0.02usd. Hence buying a fraction of this is not possible.
Our tokens will be distributed within 2 weeks after the conclusion of the ITO.
We plan to ensure the TED Token is made easily accessible and tradeable to the public to ensure platform usage and token liquidity.
TrustED comprises of an inhouse management team of 7 individuals located in Australia and The USA. The TrustED Management team is responsible for dealing with all management related tasks of the business, and have worked for some of the largest universities in Australia, as well as large corporations such as Yahoo and HSBC.
TrustED also comprises of a Technology team which consists of multiple experts from numerous countries. Having cultural diversity amongst the TrustED technology team ensures diverse experiences, brainstorming and skills which all contribute to future success of the TrustED technology. Our Technology Team are located in countries such as The USA, UAE, England and Russia.
More details on our full Management and Technology team can be found at: https://www.trusteducation.io/our-team/
TrustED has successfully onboarded a range of experienced advisers from some of the largest academic institutions in the world as well as prominent crypto and blockchain experts. Our advisers assist us with anything from expanding and networking TrustED to academic institutions to assistance in incorporating blockchain and crypto technology.
A full list of our advisers can be found at:https://www.trusteducation.io/our-team/
The TrustED Management Team and Technology Team currently are, and will be working on cases related to RnD. In addition, TrustED has signed an inclusive agreement with NetObjex Inc to utilize their services for RnD purposes of the TrustED Ecosystem. This consists of over 15 individuals who are professionals in their industry working on developing TrustED. There team can be viewed here: https://www.netobjex.com/about-us