Today PwC announced its new “
Smart Credentials” blockchain platform. It enables individuals to take control over their qualifications and share them with those they trust. From an employer perspective the ability to verify credentials adds credibility. PwC Research found that 37% of “bad hires” are the result of skill or credential misrepresentation.
Just yesterday
Fujitsu and Sony launched a blockchain trial because foreign staff hires often have Japanese language skills which are weaker than the proficiency certificates provided.
As a trial of the Smart Credentials solution, PwC staff who qualified in the past two years with the Institute of Chartered Accountants of Scotland (ICAS) are sharing credentials using blockchain.
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