Four and half years ago, when Zain Zaidi was applying to grad school, he submitted his academic transcripts. But, through an administrative error, the documents were lost, and he almost lost his place.
Understanding how someone’s life could be altered by not being able to prove something like an academic credential, Zaidi set out to try and make it easier.
Instead of going to grad school, Zaidi started TransCrypts, which helps companies verify employment information. The blockchain-powered startup recently won CoinDesk’s Pitchfest at Consensus Hong Kong.
Zaidi says if we’re not able to prove data about ourselves, we give up something important about who we are. “We as consumers can’t actually verify who we are, own who we are,” Zaidi told CoinDesk Live after walking off stage.
TransCrypts gives individuals “self-sovereignty” over their ID information, proving their information on-chain.
Zaidi told us the business…
