The recent virtual launch of the Verification and Authentication of Certificate (VAC) solution by the Nigerian Security Printing and Minting (NSPM) Plc on September 14, 2023, brought to light the transformative potential the authenticity of educational and professional credentials holds for various stakeholders.
Educational institutions, professional organizations, and employers can now verify the authenticity of certificates with ease, reducing the administrative burden and ensuring swift and accurate credential validation. This translates into better resource utilization, enhanced transparency, and increased accountability for all stakeholders involved.
One of the standouts featured at the launch is the VAC solution's ability to provide robust analytics. This means that organizations can gain valuable insights into the verification process, helping them make data-driven decisions. For educational institutions, this could mean understanding the geographic distribution of alumni or identifying trends in the types of credentials being verified. Such insights empower institutions to adapt and cater to evolving needs effectively.
Perhaps one of the most critical aspects of the VAC solution is its role in safeguarding the authenticity and credibility of genuine credentials. With the rise of credential fraud, the need for a reliable verification system cannot be overstated. The launch further showcased steps the VAC solution employs to ensure that only genuine certificates find their way into the verification process. This not only protects institutions' reputations but also upholds the value of legitimate educational and professional achievements.
In addition to these benefits, the VAC solution may also have a substantial financial impact. Educational and professional institutions can generate increased revenue internally by offering verification services to their alumni and credential holders. This opens up new revenue streams and reduces the financial burden on institutions.
While the VAC solution is a ground-breaking development for Nigeria, similar systems have been deployed in other countries and some Institutions have adopted similar credential verification solutions to enhance their operations and ensure the credibility of their graduates.
A subsequent email from support@authenticatehub.com provided an explainer video of the VAC Solution and a site to request a demo.