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SmartDegrees y Larrosa Academy certify in blockchain the training in the new music industry

Larrosa Academy students will have their diplomas registered and certified in blockchain by SmartDegrees. Those attending the Postgraduate Course in Blockchain, NFTs, Financing and Growth Hacking for the Music Industry are the first to benefit from the advantages that blockchain provides to their diplomas in agility, convenience and security.

This is the first postgraduate course oriented to the new music industry, where its students learn how to obtain financing for their musical projects, understand blockchain technology and NFTs, as well as what to do with these technologies in the music industry along with other techniques to increase their profits and optimize their yields.

The new music industry is the transformation of the traditional industry, the record, publishing and rights management models based on the use of more efficient technologies and innovative models that focus on independent creators, trying to decentralize as much as possible the music ecosystem.

These are the first professional certificates of skills and training in the new music industry, registered in a mature, hybrid blockchain network (own network and Alastria network, to provide greater transparency to the certificates), scalable and with the potential that allow smart contracts, such as Quorum, based on Ethereum. It uses the newly created European Commission Verifiable Credentials standard, which provides interoperability with other institutions. It uses the distributed ledger technology, blockchain, whose innovative character makes it the most important to change education and for the decentralization of the musical ecosystem, opening up enormous possibilities for graduate users, companies, educational institutions, platforms of work and recruiters.

Larrosa Academy students will be able to manage their certificates from their smartphone, through a free app that allows them the following benefits:

  • It facilitates the enhancement of skills and abilities, streamlining their sharing with work platforms, recruiters, social networks and third parties.
  • The student is the sovereign owner of their data and decides how, where and when to display it.
  • The app and the supporting technology, blockchain, guarantee its inviolability and prevent fraud.

About Larrosa Music Group

It is a consultancy specialized in investment and financing of musical projects, which also has a record division (Rose Records, 2020) and a publishing house. It is founded by Cristian Larrosa, producer, composer and performer, with 5 published albums and a 20-year career as an executive in the music industry, founding companies in Latin America, the United States, the United Kingdom and Spain.

About SmartDegrees

SmartDegrees is a platform for the registration and certification of academic degrees and corporate training, with associated services, which allow their value in the labor market and in society, while making them inviolable, ensuring their validity indefinitely. Additionally, it offers management services for communities with self-sovereign identity, based on blockchain (SSI), and strategic business consultancy, to facilitate the incorporation of blockchain in the digital transformation of institutions.

Related articles: Verifiable Credentials, descripciónLa Comisión Europea impulsa las credenciales digitales europeasEuropa prepara su identidad digital soberana blockchainDespega la blockchain de las administraciones europeas, Los músicos recurren a los NFT para conseguir ingresos extra

Verifiable Credentials explained

Verifiable Credentials (VC) is an open standard developped by the European Commission to offer a new pattern for exchanging information that is distributed and decentralized, where blockchain acts as a single point of truth.

The objective is to help public administrations accelerate the creation of trustworthy cross border digital services.

Verifiable Credentials associate three concepts:

  • Decentralized identifier (DID).
  • Verifiable credentials lifecycle, which enables standardization and scalable implementation.
  • Digital wallets, allowing user interactions exchanging digital credentials, where VC are supported on them.

The video explains the Verifiable Credentials, its infrastructure (European Blockchain Services Infrastructure, EBSI), and the vast opportunities that it currently provides, through a user’s journey (“Eva’s trip”).

SmartDegrees has adhered to this European initiative, incorporating the Verifiable Credentials standard in its clients since July 2020, and is participating in the Early Adopters Programme to ensure that SmartDegrees wallet takes full advantage of the value of this ecosystem in favor of the universities and the final users.

(Source: CEF Digital)

Related articles: EU joins forces towards European digital credentials«El viaje de Eva”: Integración de la identidad digital por los gobiernos europeos, gracias a la tecnología blockchainEuropa prepara su identidad digital soberana blockchainDespega la blockchain de las administraciones europeas

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