Traditional degree verification processes are slow, labor-intensive, and prone to human error, with universities and HR departments often taking 3-4 days to complete verifications. Additionally, relying on third-party storage and manual handling increases security risks and operational inefficiencies. To address these challenges, the auVerify platform automates degree verification through blockchain, reducing verification time from days to minutes. The platform’s secure, automated credential verification process minimizes human input, improves accuracy, and offers 24/7 global access, providing a faster and more reliable solution for universities and employers.
The platform’s key performance indicators demonstrated significant improvements: verification times were reduced from 3-4 days to just 15 minutes, achieving a verification success rate of 98%. Operational costs related to verification decreased by 50%, and the platform scored an NPS of 85, reflecting high user satisfaction with its speed, accuracy, and security. These outcomes position auVerify as a transformative solution in the credential verification space, providing a faster, more secure, and highly efficient alternative to traditional processes.
auVerify, part of auTEC’s portfolio, was created to streamline and secure the degree verification process using blockchain technology. Built around smart ID and blockchain-based platforms, auVerify was designed to solve significant pain points experienced by universities, employers, and verification agencies handling millions of credential verifications each year.
Traditional degree verification methods are slow, costly, and susceptible to human error. Universities and HR departments typically process credentials manually, leading to:
– Average processing time of 3–4 days.
– High risk of data loss due to third-party storage.
– Increased chances of human error in record-keeping.
– Barriers imposed by time zones, location, and bureaucracy.
These issues create inefficiencies, delay hiring processes, and impose unnecessary costs on verifying institutions.
auVerify provides a blockchain-powered, automated platform that allows institutions and verifiers to complete degree verification in minutes rather than days. The platform leverages cryptographic algorithms and blockchain to:
– Automate credential verification with minimal human intervention.
– Provide 24/7 accessibility to verifiers regardless of location or time zone.
– Reduce operational costs and administrative workload.
– Increase security and reliability by storing credentials on a decentralized blockchain.
1. Digital Certificate Upload: Verifiers receive a digital certificate and upload it to auVerify.
2. Blockchain Verification: auVerify verifies the credentials through blockchain within 15 minutes.
3. Result Delivery: The verifier receives a validated confirmation of credentials.
– Rapid Verification: Reduced verification time from days to minutes.
– Automation: High automation allows institutions to reallocate resources to critical tasks.
– Global Accessibility: Verifications are no longer bound by time zones or physical locations.
– Enhanced Security: Blockchain technology ensures data integrity and minimizes risk of data loss.
Key Performance Indicators (KPIs)
– Verification Success Rate: Achieved an initial success rate of 98% for completed verifications.
– Average Verification Time: Reduced from 3–4 days to 15 minutes.
– Data Accuracy Rate: Achieved an accuracy rate above 99%, significantly reducing human error.
– Operational Cost Savings: Enabled an estimated 50% reduction in verification costs by automating manual processes.
– Customer Satisfaction: Post-implementation feedback yielded an NPS of 85, reflecting high satisfaction among verifiers and institutions.
Quantitative Results
– Time Efficiency: Verification time cut by 90%, reducing hiring and credentialing turnaround times.
– Cost Reduction: By minimizing manual labor and eliminating third-party data storage fees, auVerify lowered operational costs for verification by 50%.
– Global Access Improvement: Verifiers reported a 100% increase in accessibility due to 24/7 availability.
auVerify transformed the traditional verification process with blockchain technology, delivering a secure, rapid, and highly accurate solution. By replacing outdated, manual processes, auVerify not only improved the efficiency and cost-effectiveness of degree verification but also enhanced user satisfaction and data reliability.