Digital badges and certificates can transform your programs and bring your organization up to date in our technological savvy times. Digital transformation is necessary for your company to keep ahead in our current competitive job market. Don't get left behind and move forward and ditch paper by joining Educhain.
Transform Your Institution
Harness blockchain technology to powerfully generate income for your school, enhance credibility for your online programs, improve administrative processes and operations and bring added value to your students and their projected careers.
Digital badges and certificates boost and invigorate the reputation of your organization and its students. It generates interest in your organization by driving inquiries and new customers towards your website and your product.
Revenue Generation
Turn credential issuance into a profitable revenue stream
Enhanced Reputation
Position your institution as technologically advanced
Student Value
Increase career opportunities for your graduates
For students and recipients, the benefits are manifold: it improves student experience and demonstrates the value of your programs. Digital badges and certificates can also increase career and employment opportunities through the social media sharing component, turning your students into ambassadors for your organization.
Social media sharing can help maintain engagement and interest to ensure continued enrollment at your school. Your students will become more emotionally invested when their education becomes another facet of social proof and worth in the virtual world and that positive feeling carries back into the real world and the classroom.
"When educational goals are gamified, students are compelled to share their achievements (badges and certificates) by posting on social media. Learning transforms into a fun competitive game of social status, human connection and learning mastery to be played and enjoyed by recipients and students."
As the level becomes increasingly complex over a lifetime, this information can be compiled and thoroughly documented in one place, the Educhain academic passport.
COVID currently impacts the way schools are managing their operations. There has been an unprecedented embrace of technology out of necessity. Educhain offers a better way, a way that streamlines processes and automates operations, allowing resources and manpower to be allocated to research and higher level complex projects, thus improving staff morale, cutting costs and time, and overall, improving student experience.
Different businesses have varying priorities and goals. We want you to focus on the relevant aspects of our business package that appeals to your business case while driving home a comprehensive overview of Educhain and its return on investment. We also hope to reveal some perspectives you may have not yet considered. By presenting the benefits of Educhain we hope to engender trust and transparency for the development of our partnership with your brand.
Revenue Generation Resource
Technology has come to the forefront this year, students everywhere have become more comfortable with technology infused into every aspect of their academic life. Schools must adapt to this new age, if not only to prepare for any future unknowns, it also must provide digital solutions for students under limited constraints. Digitally issuing documents and certificates is the inevitable next step.
Schools are increasingly under a tight budget, as governments reduce funding for higher education. Educhain provides a robust revenue generation tool for schools. Educhain differs from other solutions by providing unlimited issuance per year, we charge per recipient, thus your earning potential is increased exponentially. Although the initial investment may seem expensive, it is more cost effective in the long run. There is an initial implementation fee of $2000-$5000 (on average) that is dependent on the amount of customization and credential template utilization as well as an annual yearly license fee, which varies per active student.
Return on Investment
Educhain's solution gives you a ROI of 9x. It would cost $115,750.81 the paper way vs $1,272.84 the digital way for annual staff costs to process transcripts.
Since our pricing is based on per active student (excluding alumni), the client can pass on the cost of the issuance onto the students. For example, Educhain charges $1.50, the school could then charge $5, making a $3.50 profit per student. The solution provides unlimited issuance per year per student. A school could hypothetically make $17.50 profit per student annually if 5 documents are needed.
Educhain is an elegant profit generating machine for the education sector, while overall reducing cost and time for the registrar's office. The cost of issuing and transferring transcripts have been incredibly reduced: the typical paper transcript typically is now down from $25 to $1.50 digitally per recipient.
Marketing Tool
Our digital badge and certificate solution can also be used as a marketing tool to connect to your current audience more effectively while driving inquiries and interest from your desired target audience.
Digital badges and certificates capture attention, attention that can be redirected to your website through direct referrals from your student's online social world. They effectively become ambassadors, not just for their own careers and trajectory but for your school/organization's brand, accelerating its market and brand reach. Importantly, this value is easily achievable through specific delineated steps that are measurable and "quantifiable."
Web Referrals
Educhain's analytics enables your organization to focus their branding efforts on the most important and relevant channels for your audience. You can see exactly which social media network (Twitter, FB, LinkedIn etc) has the most traffic and use those peer networks to create direct referrals to your programs. This can happen in real time and allows you to react instantly and direct your efforts efficiently. By using data analytics and reacting to real data, you can increase conversation rates with time and cost savings.
Each issued credential links back to your chosen specific page of your website, allowing recipients to share their success and provide social proof for your brand. Relevant traffic is driven back to your website. This source of referral traffic can be a supplement alongside paid CPC campaigns for additional value or it can substitute for paid CPC saving you money.
Reputation Value
It's important for leading academic organizations to position themselves as thought leaders and also, modern facing technologically forward entities. They must embrace the technological transformation to stay relevant. Organizations that show finesse and expertise with technology will gain a positive reputation amongst its stakeholders and the general public.
Thus, the use of digital badges and certificates helps to:
- Position your organization as technological advanced and modern facing/thinking
- Amplify brand exposure through a magnified online presence
- Improve customer service and interactions with third parties which includes employers verifying credentials
- Promote programs to targeted audience "relevant audience"
- Eliminate mistakes and errors from human errors, data security vulnerabilities, rekeying
- Fulfill required digital transformation
Control
A digital credential puts the power in your hands, allowing you to maintain control over student records. Recipients have control over the lifeline of credentials. They can manipulate features and details that paper or email/pdf attachments simply cannot. This includes:
- Expiration, revocation, updating issue and renewal dates
- Sending emails and its contents
- Different requirements and rights for different groups of your internal users
Educhain and its digital badges rewards users with a course completed award, proof that all prerequisites of a course and its modules have been completed. For example, a certificate would be the award for the completion of a college course.
Privacy: the issuer and the recipients both control the visibility of the credentials. Plus, the issuer can control whether or not the credentials can be posted on social media.
Fraud Prevention
21% of all resumes contain fraudulent qualifications. Paper certificates are easily imitated with basic photoshop and photocopier skills. Fraudulent degrees undermine and devalue your brand and institution's credibility and reputation.
Educhain's blockchain technology ensures the elimination of fraud because information cannot be altered once uploaded onto an unhackable building block protected by complex mathematical algorithms. The very nature of blockchain ensures integrity and thus, eliminates any threat of fraud.
Benefits include:
- The prevention of counterfeit certificates and badges
- The easy immediate verification of credentials and resumes without expensive third party verification or in-person engagement and interaction
- Verification is done seamlessly and in seconds
- Blockchain is secure and 100% tamper-proof
Key Benefits Overview
Program Value and Award Value
Digital certificates and badges provide value and pride for your students and recipients. If students value their achievements, they will enrol in more courses and be more engaged in the learning process. It becomes a journey of learning, a game where fellow students compete with each other to achieve.
Environmental Responsibility
Contributing to lowered emissions of carbon and reduction of unnecessary consumption of environmental resources like the use of paper and paper card and in direct correlation of that, wood and energy. It takes around 3000 kWh of energy and 10-400 tons of water to make one ton of paper.
Reduction of Administration Overhead
67% less paper usage. Staff can process digital applications faster, especially during high volume bottle neck periods. Universities save from $9000 to $50k a year in administrative costs and $22,000 in overtime expenses, eliminating extra overhead for administration staff.
Integration and Automation
By automating processes, Educhain helps the registrar's office streamline its operations, saving money, time and effort. Create workflows and manage attestation and sign-offs. Automate email flows through mail merge to go out upon publishing students credentials, saving hours of manual work.
Traditional Paper Certificate Cost Breakdown
Why Educhain
- Educhain uniquely provides on premise customization for increased control and privacy and adherence to privacy laws and regulation. The data never leaves your school's premise.
- A simple interactive interface that can be used by anyone, including customization of templates and set up. It is intuitive and easy to use. No need for IT experience.
- Vendor support and an experienced knowledgeable team to provide help and information.
- Price per recipient, versus issuance, allowing for greater revenue generation.
- Versatile options of blockchain and cloud. Also, we provide both certificates and badges in our one place academic passport.