Identity Legal and IP News

Oracle, Randstad showcase blockchain career credentials

career credentials qualifications

A group of members of the Velocity Network, including Oracle, Randstad  and SAP SE, participated in live demonstrations of verifiable career  credentials using blockchain. One of the key purposes of Velocity is to integrate with the many vendors that already provide tech solutions to educators, recruiters and employers. The demonstrations involved a dozen different integrations.

So if a college has a vendor that manages their database of degrees, the vendor’s system can provide a credential. If another supplier performs background checks, they can use the credentials from the Velocity app, and so on.

The Velocity Network consortium was founded in January by thirteen organizations and initiated by Velocity Career Labs. It has since expanded to more than 25 members. However, we noticed that a member that has dropped is Upwork (see update).

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