China Watch Blog has learnt that as with every year over this transitional period, tens of thousands of recently graduated young people take their first tentative steps into the employment market, swelling the ranks of job seekers. Faced with increased competition and globalised hiring practices, new certificate holders are expected, now more than ever, to guarantee the authenticity of their key means of communication and persuasion: their CV and academic qualifications.
Meanwhile, major universities and other educational institutions are taking charge of their destiny by combating fraud to protect their most valuable assets: the reputation of their education level and the guarantee of excellence of their alumni. To offer a concrete solution to these significant challenges, CVTrust has developed Smart Diploma™, a unique online platform for education professionals, enabling them to design, format, manage and issue digital certificates of all kinds to their communities of graduates, including diplomas, transcripts, badges or even letters of acknowledgement. This solution is in line with the inevitable trend towards digitisation, a turn that has already been taken by telecom companies, banks and public institutions.
This innovative solution delivers outstanding added value to graduates by allowing them to store their academic credential(s) in a highly secure personal encrypted electronic ‘safe’, which remains entirely under their own control at all times. This facility makes it easy to present their invaluable documents to potential employers by downloading them as a PDF, inserting a hyperlink into their CV or directly integrating them onto their social networks.
After first getting some prestigious names in the academic world on board (in Europe and across the Atlantic), including INSEAD (France and Singapore), IMD in Lausanne (Switzerland) and the MIT Sloan School of Management (Massachusetts, USA), Smart Diploma™ has continued to develop abroad, with new renowned players such as HULT (international), Mannheim Business School (Germany), Nyenrode (Netherlands), GMAC (international) and Solvay Brussels School of Economics and Management (Belgium).
“At a time when we are witnessing an unbundling of the value chain in the education sector and the democratisation of access to teaching, and when continuous training is increasingly becoming the norm, Smart Diploma™ is much more than just a secure repository for credentials. This platform is a digital passport, a true integrity label, allowing communities of graduates to value their most precious assets and ultimately opening doors to promising career opportunities”, stresses David Goldenberg, co-founder and CEO of CVTrust. “In other words, Smart Diploma™ is positioned as the critical missing link in the educator/pupil/recruiter ecosystem.”
CVTrust has recently been awarded a contract in an open tender process from the Paris-Île-de-France Chamber of Commerce and Industry, gaining access to twenty schools facing similar challenges in terms of administration, prestige and sustainable relationships with their alumni. This achievement now puts the company at the head of the pack to provide these schools with a dynamic, intelligent and user-friendly credentials management tool that has already won over eminent references on the French market, including HEC Paris, Science Po Paris, Institut Mines-Télécom, Novancia Business School, INSEEC, Studialis.
At the same time, CVTrust has launched a pilot project with a number of high schools in Paris’ region to support them in digitising their baccalaureate qualifications. This means that CVTrust is diversifying its position across numerous sectors of the educational market, reaffirming once again the universality of its solution, be it in terms of implementation (in SaaS or integrated mode), markets, issuers of qualifications (initial and continuing educational institutions) or compliance with privacy regulations (European and American markets).
In addition to being an ingenious service to kick-start your working life and pursue your career under optimal conditions, Smart Diploma™ constitutes a valuable promotional tool for graduates to demonstrate their acquired qualifications as well as for institutions to enhance their visibility and reputation. Indeed, it is possible to endorse the diploma with a banner (Smart Ads™) that redirects visitors to the website of the issuing institution, if desired by the latter. This provides the best possible exposure via the qualifications of the institution’s ultimate and most loyal ambassadors, setting in motion a real relationship of trust between the institution and its alumni.
CVTrust has also carved out a position as the ideal partner for MOOCs (Massive Open Online Courses) and LMS (Learning Management Systems) by integrating Smart Diploma™ into their e-learning platform so that they can provide certificates to their thousands of subscribers in the most convenient, transparent and secure way. In addition, a recent collaboration with a renowned professional social network allows alumni (Smart Diploma™ holders) to post their official digital credentials in the appropriate slot on their personal profile, without tedious manipulation and in a completely safe manner, allowing recruiters to verify the integrity of the uploaded documents beforehand and in a single click.
“According to our calculation, the fraud of one’s expertise costs European companies an average of 8 billion Euro a year, while American companies face a loss of 7.7 billion dollars. Consequences can be tragic, be it on the operational level for the employer or in terms of reputation and therefore professional future for the ‘cheater’”, concludes Pierre-David Dewaele, co-founder and CTO of CVTrust. “Smart Diploma™ constitutes a true shield against falsification, re-establishes confidence in the work sector and allows for an good return on investment for our clients as they can easily and rapidly save money on administration, logistic, printing and communication cost items.”
If you think China Watch Blog's information is useful, click on cup of coffee on left hand side and make a small contribution via PayPal