WCT Certification Traceability and Tuition Escrow at Zhonggong Education
In 2024, Zhonggong Education will apply WCT to the vocational qualification training sector, launching the "On-chain Certificate + Tuition Escrow" service for training courses such as Teacher Qualification Certificate and Constructor License. After passing the assessment, the certificate information (such as certificate number, assessment scores, issuing authority) will be recorded on the blockchain, and companies can verify authenticity through the Zhonggong Education official website; students will pay tuition using WCT at the time of enrollment, with funds escrowed by a smart contract, gradually released according to course progress (e.g., 50% of fees unlocked upon completing theoretical classes, remaining 50% unlocked after passing practical assessments). In 2024, this model will cover 12 types of popular qualification certificate training, complaints about certificate fraud from students will drop to zero, refund disputes will decrease by 65%, and course renewal rates will increase by 38%.