Fake diplomas are a concern considering,
The trafficking of false diplomas is the consequence of increased competition from applicants to obtain a job in a context of high unemployment and a limited number of vacancies.
A FOX NEWS report values this “fake degree business” at $1 billion.
However, this is only the tip of the iceberg. Imagine the extent of the phenomenon by considering the statistics of all the pharmacies specializing in the verification of diplomas and the many cases where employers do not verify the authenticity of the diplomas presented.
In such a context, neither employers nor schools can neglect this problem of false diplomas.
The risk for an employer to hire a person who does not have his diplomas goes well beyond wages paid to the usurper.
The employee who lied about his diplomas probably does not have the minimum knowledge required to do a decent job. He risks, because of his possible lack of training, harming his employer. Even if that person is dismissed for gross negligence, the company will also have to bear the financial consequences of this imposture, in particular the loss of profit caused by the dissatisfied customers that it will have lost because of this employee.
The risk for the school or university whose diploma is regularly counterfeited is to see its reputation devalued in the eyes of employers, which will harm its students.
The employer will prefer to recruit students from a school or university whose diploma is not the target of counterfeiters, and students will turn away from this school or university for fear that their diploma will raise suspicion.
There is a quick and easy way to verify the authenticity of a diploma in seconds by affixing a CertiDox QR Code.
The proof system used is that of an NFT (Non-Fungible Token) registered on the Polygon decentralized network for each diploma certified by CertiDox. The confidentiality of the diploma is ensured.
The CertiDox App reads the QR CODE affixed to the certified diploma and responds instantly if an NFT corresponding to the verified diploma has been minted.
If so, the CertiDox app
Otherwise, the CertiDox App tells you that it’s a fake.
Next case study: authenticate a press release