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Beowulf Blockchain Partners with Vietnam’s Leading University to Launch Pilot Adoption of Blockchain-based Verification System for Education

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The decentralized communication network pioneer, Beowulf Blockchain, has announced a strategic partnership with one of Vietnam’s leading universities, Tien Giang University. Through this partnership, Beowulf will help strengthen Tien Giang University’s teaching capability and reach via the Victoria platform for distance education, and power the next-generation blockchain-based verification system for academic credentials in Vietnam.

Victoria by Beowulf is an innovative and modern instrument for distance education, and has become a compelling option  for educational institutions looking to invest in advanced technologies and deliver a borderless knowledge exchange. Victoria provides a two-way interactive distance education platform via advanced real-time collaborative video conferencing, which brings remote students and teachers together as if they were physically in the same room. In addition, Victoria features the comprehensive Learning Management System (LMS), which has been designed to combine an industry-leading interface and simple integration with powerful interactive tools to help students, professors, and administrators achieve better outcomes. 

Tien Giang University is one of the leading regional universities in Vietnam and has been able to effectively maintain its top place among other institutes by enriching student experience with up-to-date technology. By spearheading the pilot distance learning program in the region, Tien Giang University is now accommodating their students, even students in the rural of the Mekong Delta area, with direct access to leading experts in their field, anywhere across the world.

“With the pace at which emerging technologies are transforming the nature of education, it is crucial for universities to accomodate a much bigger student population regardless of the geographic barriers,” said Beowulf Founder and CEO Dr. William H. Nguyen. “We’re excited to be partnering with progressive universities like Tien Giang University to help build on their teaching capability and reach as they become future-ready.”

Beowulf’s CEO and Founder, Dr. William H. Nguyen and President of Tien Giang University, Prof. Ha Ngoc Vo at the signing ceremony

Since its launch, the Victoria platform is seeing adoption accelerate, with exponentially growing partnership with a multitude of elite schools and educational institution, such as the Vietnam National University’s School of Medicine, the country’s best higher education institution to offer distance teaching to medical students, Olivarez College, the leading private educational institution in the Philippines, and the National Taiwanese Normal University.

In their endeavor to build institutional trusts on a global scale, Beowulf will also enable Tien Giang University to embark on a blockchain-based system for the recording of academic degrees and address the issue of certificate fraud. 

This collaborative effort aims to solve many of the pain points in educational credentials through the provision of an innovative system for the storage and management of degrees, under the premise of a secure and reliable blockchain-based decentralized infrastructure. Beowulf does this by enabling recognized education providers, like institutions and universities, to upload source-verified credentials about an individual after they have successfully obtained a new qualification. The information will be time stamped and fully immutable on the blockchain, and at the same time, publicly accessible which helps provide employers and recruiters with trusted information about a person’s degree, and other skills they may have gained over the course of their career.

“Ultimately, when this information is used by employers from all over the world, they can trust it hasn’t been embellished, inflated, or illegitimately adjusted,” says Prof. Ha Ngoc Vo, President of Tien Giang University. “This is the future of retaining vital academic records independent of any issuing entity. Tien Giang University is proud to be an early adopter in the country to apply this new technology to the next wave of education.”

About Beowulf Blockchain

Beowulf’s technology encompasses a comprehensive suite that handles various communication functions (voice/video calling, messaging) from front-end to back-end infrastructure, with enterprises paying per minute-of-usage; a decentralized distance learning platform named Victoria; and HANA, an innovative telemedicine system. QUICKOM is a US patent-pending platform by Beowulf that represents a monumental leap forward in corporate and personal communication in the digital age, by offering a customizable and anonymous QR code call service that replaces phone numbers with scannable QR codes. For hardware manufacturers and developers, Beowulf provides Beowulf Operating System, a futuristic business model for hardware manufacturers to offer free devices to their customers, the ‘open App Store’ concept for zero digital content fee, and world-class security.

About Tien Giang University 

Located in the Mekong Delta, Tien Giang University is one of Vietnam’s leading regional  universities. Its mission is to develop human resources for the province and nearby regions,  particularly in the areas of applied research and research methodology, in order to support the economic  and social development of the region by increasing employment opportunities and the overall standard of living.

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NYSE files a trademark application for trading NFTs

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The world’s largest stock exchange may be planning to bring business into the Metaverse.

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Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out

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Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level.

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CryptoPunks community reacts to the ongoing copyright battle between V1 and V2

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Although the collection is no longer deemed authentic by Larva Labs, its creators alleged sold 210 ETH worth of CryptoPunks V1 when the wrapped versions first gained traction.

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Binance.US is under investigation from SEC over trading affiliates: Report

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Binance CEO Changpeng Zhao allegedly has connections to two market makers buying and selling crypto on Binance.US.

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Boost Insurance unveils product covering against crypto theft from qualified custodians

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Boost Insurance, an insurance infrastructure-as-a-service platform, alongside go-to-market partner, Breach Insurance, a company that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders.

Crypto Shield covers the theft of cryptocurrency while in the custody of a qualified custodian.

The Crypto Shield product allows individuals to purchase protection for their crypto wallets held by select custodians. In the case that the custodian is breached or suffers a social engineering attack resulting in lost assets, individuals insured under Crypto Shield can be reimbursed for the value of their policy.

Boost + Breach

While there is some commercial insurance available to cryptocurrency institutions, Breach envisioned Crypto Shield as a solution to the protection gap that currently exists for individuals holding crypto, securing a partnership with Boost to assist in bringing the Crypto Shield product to life.

Boost’s insurance infrastructure-as-a-service packages the necessary operational, technological, compliance, and capital requirements for new insurance programs into a white-label solution, enabling insurtechs like Breach to swiftly launch new lines of business.

“Boost’s deep expertise and insurance infrastructure-as-a-service platform, and Relm’s industry-leading crypto reinsurance capabilities, have positioned Breach to bring a highly complex insurance product to the market in a beautifully delivered customer experience.”
– Eyhab Aejaz, Co-Founder & CEO at Breach

To deliver that product in a seamless experience, Boost and Breach’s platforms connect via API, allowing Boost’s policy administration system to deliver back-end management for the Crypto Shield product. Breach’s customers are then able to purchase and manage every part of their policy and claims process, all from within Breach’s proprietary crypto insurance platform.

“With Boost’s infrastructure-as-a-service platform, companies like Breach can launch and deliver innovative new insurance offerings, at a fraction of the time and cost required to build a full-stack insurance program from scratch.”
– Alex Maffeo, CEO & Founder of Boost

In addition to powering the new product, Boost and Breach partnered to source and secure the necessary reinsurance backing from industry expert Relm Insurance Ltd. (Relm), underwritten by Trisura Specialty Insurance Company. Operating out of Bermuda, Relm is a capacity provider to the crypto sector with a track record of insuring companies across the ecosystem. Relm has recently been awarded an ‘A Exceptional’ Financial Stability Rating (FSR) by Demotech.

“Relm’s partnership with Boost and Breach to reinsure the US’s first cryptocurrency insurance product for retail wallet holders is a milestone in supporting the development of crypto and blockchain technologies.”
– Joe Ziolkowski, CEO at Relm

The post Boost Insurance unveils product covering against crypto theft from qualified custodians appeared first on CryptoNinjas.

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