Counterfeit Titles: A $1 Billion Business That Blockchain Might Finally Stop

The fraudulent diploma industry moves over one billion dollars annually. From “degree factories” in Pakistan selling credentials to professionals in the UK’s NHS, to networks of 3,300 unregulated degree mills operating worldwide, the problem is massive and out of control.

The cost? Companies spend millions verifying credentials manually, a process that can take weeks or months. That’s where OSIS comes in—a blockchain ecosystem specialized in tokenizing and verifying academic documents at scale.

Why Blockchain Is the Missing Solution

While traditional methods are slow and prone to human error, OSIS offers:

• Immutable Verification: Once tokenized, the diploma cannot be altered
• Record-Breaking Speed: Processes that used to take months now take minutes
• Affordable Costs: From per-document fees to enterprise plans
• Public Access: Anyone can verify credentials in real time

Real Market Traction

It’s not just theory. OSIS is already working with the University of Tijuana and the Monterrey Institute of Technology to tokenize over 10,000 degrees annually. Companies like VISA, Ethos, Unstoppable Domains, and Coincare are already using the platform.

In 2024, the startup raised $1.3 million in private rounds, has 100,000 active members, and has been featured in Forbes, Bloomberg, and Fox Business News.

What’s Next

This year, they will launch OSIS Core Wallet—an all-in-one Web3 wallet—and their community-governed decentralized exchange. The strategy is clear: make blockchain the new standard for global educational authentication.

Disclosure: This content is from a third party. It is not an endorsement by Gate.io.