smartworld
Image Source: Unsplash

Smartworld and Etisalat Digital have partnered up to secure academic certificates in the UAE. According to the announcement, Etisalat will offer the blockchain solution developed by Smartworld to all schools in the region exclusively.

Digital Certificates Secured by the Blockchain

Etisalat Digital will use the Shahada platform, a tamper-proof platform for digital certificates, to secure all digital certificates issued by schools in the UAE. Using the Shahada platform will help to save time and resources by making it possible for schools to issue certificates on the blockchain.

The result will be reduced incidents of forgery that are common with paper-based certificates. Besides that, it will enable the creation of educational passports. With these passports, sharing credentials with third parties will become easy since the verification process will be seamless.

Smartworld & Etisalat Digital Partnership

Etisalat Digital will work with Smartworld to ensure Shahada gets to the masses by leveraging its market reach. Besides that, it will rely on the UAE’s advanced infrastructure and operational capabilities to ensure it reaches all universities and schools.

Part of the UAE Blockchain Strategy 2021

The Shahada platform is aligned perfectly with the UAE Blockchain Strategy 2021. In the strategy, which was launched in April 2018, there is a goal of moving 50 percent of government transactions onto the blockchain. It makes the UAE the first country to set such a target.

It is based on the belief that blockchain technology will save effort, time, and resources while facilitating the processing of transactions at a time and place most convenient to citizens. The UAE expects to save around $3 billion in processing costs for documents and transactions. It also expects to save around $108 million in printed document costs annually and 77 million annual work hours.

Each customer in the UAE’s digital transactions system will have a unique identification number, which points to their information stored securely on the blockchain. Since the blockchain is immutable, it will ensure the security of national documents and transactions, which will cut costs and improve the speed of decision-making.

Smartworld & Etisalat Leadership Feedback

According to the Senior VP of Government Sales at Etisalat, Abdulla Ebrahim Al Ahmed, they were pleased to work with Smartworld to bring Shahada to the educational sector. He added that Etisalat Digital was utilizing disruptive technologies to empower all sectors of the UAE and the ME.

The Smartworld CEO, Abdulqader Ali, said that major synergies would be gained from their partnership with Etisalat Digital. Abdulqader believes that aside from students, their solution would help governments and educational institutions. Employers would also have the proper framework to easily verify the credentials of perspective employees. 

About the Shahada Platform

Smartworld announced the launch of the Shahada platform in February 2020. The platform brings together schools, the government, and other stakeholders on a secure platform powered by the blockchain. It enables government bodies to play their regulatory role in the education sector effectively.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like

Trading Simulator Game: Best Way To Enter The Cryptocurrency Trading Space

Many individuals have been drawn to the cryptocurrency space for various reasons.…

Pro Crypto SEC Commissioner Predicts Increased Demand For Crypto Investment

Hester Pierce, a pro-crypto SEC commissioner, who is often referred to as…
Why NFT PR is the Future of Brand Promotion

Why NFT PR is the Future of Brand Promotion

In today’s digital world, businesses are constantly searching for innovative ways to…
Voyager Digital

Voyager Digital Listing DeFi Projects Yearn.Finance & Band Protocol

Voyager Digital announced that it would list yearn.finance and Band Protocol on its…
Monsoon Blockchain Corporation Partners With National Science Foundation

Monsoon Blockchain Corporation Partners With National Science Foundation

Monsoon Blockchain Corporation, a blockchain development company, announced on October 13, 2021,…
The Rise of Web3 Companies: Revolutionizing the Digital Landscape

The Rise of Web3 Companies: Revolutionizing the Digital Landscape

In today’s ever-evolving digital landscape, a new wave of innovation is taking…

Intel and Chainlink Partnership Continues To Expand, Targeting Smart Contracts

Blockchain technology could offer large corporations scalability and privacy during transactions. However,…

Bitcoin Network Status – Holding Up Extremely Well in 2019

In the cryptocurrency hemisphere, one looks at very different metrics than the…

India Could Launch A Blockchain Voting System To Enhance Voter Registration

The use of the blockchain has grown well beyond crypto. Various industries…

More On Cryptopia Saga: Creditors Owed $2.7 Million

It is no news that earlier this year, there was an attack…