How can identity protocols support coding bootcamp admissions? Identity protocols streamline coding bootcamp admissions by issuing decentralized digital credentials (VCs) for applicants. These VCs store verified data (e.g., education history, coding test results) cryptographically signed by issuers. Bootcamps scan VCs via QR codes or wallet integrations, automating eligibility checks. Self-sovereign identity (SSI) models let applicants control data sharing, reducing paperwork. Blockchain ensures credential integrity, enabling instant, fraud-resistant admissions while protecting applicant privacy.
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Identity protocols streamline coding bootcamp admissions via decentralized identifiers (DIDs) linked to VCs for educational background, coding test results, and payment details. Applicants share proofs using zero-knowledge proofs (ZKPs) without exposing sensitive data. Smart contracts automate eligibility checks, validate discounts, and track enrollment status. Blockchain audit trails reduce fraud, while self-sovereign identity (SSI) lets users manage applications across multiple bootcamps, personalizing course recommendations.
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Flash loans are uncollateralized loans in decentralized finance (DeFi) that must be repaid within the same transaction block. If not repaid, the transaction is reverted. These loans enable arbitrage, liquidation, or other financial strategies without upfront capital. They rely on smart contracts and provide opportunities for users to earn profits quickly, but also carry high risk due to their short-term nature.
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