PeopleDAO and WTF Academy Try Reputation NFT Protocol Soulbound
On February 21, PeopleDAO cooperated with WTF Academy, the Web3 open source learning community, to try out the Reputation NFT protocol Soulbound on the Goerli …
On February 21, PeopleDAO cooperated with WTF Academy, the Web3 open source learning community, to try out the Reputation NFT protocol Soulbound on the Goerli test network. Use cases are similar to obtaining course credits. When the students of WTF College complete the course, they will receive a non-transferable certificate, namely the education certificate.
PeopleDAO cooperates with WTF Academy to try the Soulbound protocol on the Goerli test network
Interpretation of the news:
The PeopleDAO, a decentralized autonomous organization that aims to create a new model of collaborative ownership, has collaborated with the WTF Academy, a learning community focused on open source software, to test out the Reputation NFT protocol Soulbound on the Goerli test network. The primary use case of the protocol is to issue non-transferable certificates to the students of the academy when they complete a course as a way to verify their education credentials.
The use of blockchain technology in the education sector offers numerous benefits such as transparency, security, and immutability. By integrating the Reputation NFT protocol Soulbound into the certification process, the WTF Academy aims to provide students with a tamper-proof and verifiable way of proving their skills and knowledge to potential employers or other interested parties.
Soulbound is a reputation-based NFT protocol that allows users to mint their own tokens to represent skills, achievements, or other verifiable attributes. These tokens are non-fungible, meaning they are unique assets that can be verified and owned by their holder. This uniqueness means that they cannot be duplicated, forged, or transferred to another user, making them highly secure and trustworthy.
When the students of WTF Academy complete a course, they will receive a non-transferable certificate called the education certificate. This certificate will be validated using the Soulbound protocol, making it a tamper-proof and immutable record of their accomplishment, which they can use to showcase their skills to potential employers. In essence, this reputation NFT protocol provides an on-chain record of the student’s education, creating a new level of trust and transparency in the education sector.
In conclusion, the collaboration between PeopleDAO and WTF Academy to try out the Reputation NFT protocol Soulbound is a major milestone in the adoption of blockchain technology in the education sector. This initiative paves the way for the wider adoption of blockchain-based education credentials, creating new opportunities for students to prove their skills and knowledge to the world.
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