Hyland acquires blockchain-credentialing provider Learning Machine

PR82934

CLEVELAND, Feb. 19, 2020 /PRNewswire=KYODO JBN --

Hyland [https://c212.net/c/link/?t=0&l=en&o=2723272-1&h=3943460798&u=http%3A%2F%2Fwww.hyland.com%2F&a=Hyland ],

a leading content services provider, announced its acquisition of Learning Machine

[https://c212.net/c/link/?t=0&l=en&o=2723272-1&h=2627739817&u=https%3A%2F%2Fwww.learningmachine.com%2F&a=Learning+Machine ], an innovator in blockchain-anchored digital credentialing solutions.

The acquisition was effective February 1, 2020.

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Learning Machine is a pioneer in leveraging blockchain technology to authenticate documents

and content. Its credentialing solution facilitates the creation and sharing of blockchain-secured

digital records that are recipient owned, vendor independent and verifiable anywhere.

The Learning Machine Issuing System allows any organization to easily design their records,

import recipient data, issue records and manage the entire credentialing lifecycle. The system

allows governments, companies and educational institutions to issue blockchain records at scale,

rooted in any blockchain they choose.

"This acquisition is a major step toward our goal of revolutionizing the way

organizations electronically exchange trusted records," said Bill Priemer,

president and CEO of Hyland. "The addition of Learning Machine's digital

credentialing solutions to Hyland's content services platform will enable our

customers to generate and manage digital documents that are both easily

shareable and instantly verifiable."

"The use of blockchain technology for digital credentialing has become an

increasingly urgent need as governments, educational institutions and

organizations seek to combat fraud, mitigate risk and relieve administrative

burdens associated with the exchange of content," said Chris Jagers, CEO of

Learning Machine. "This acquisition creates significant value for Learning

Machine customers who will gain the full benefit of Hyland's notable support,

partnership and accountability."

One of the most prevalent uses of the Learning Machine technology today is the

issuing of digitally secured diplomas and transcripts [https://c212.net/c/link/?t=0&l=en&o=2723272-1&h=3331893940&u=https%3A%2F%2Fwww.learningmachine.com%2Feducation&a=digitally+secured+diplomas+and+transcripts ] for and by higher education institutions.

With over 900 of these institutions already leveraging the Hyland content services platform,

these customers stand to benefit from Learning Machine's ability to share and deliver

authenticated content. Additionally, Hyland looks forward to accelerating the diversification

of Learning Machine solutions across the vertical markets and geographies in which Hyland is

already well positioned to help organizations deliver better experiences to the people they serve.

Hyland will continue to support Learning Machine's current solutions and

customers as it integrates the technology into existing platform offerings.

For more information about Hyland and its leading content services platform,

visit http://Hyland.com.

For more information about Learning Machine's digital credentialing system,

visit http://LearningMachine.com.

About Hyland

Hyland is a leading content services provider that enables thousands of organizations

to deliver better experiences to the people they serve. Find us at http://Hyland.com.

About Learning Machine

Learning Machine is a leading provider of blockchain credentialing solutions

based on the Blockcerts open standard, enabling customers around the world to

issue verifiable digital records at scale. Find us at http://LearningMachine.com.

Media contact:

Megan Larsen

+1-440-788-4988

Megan.Larsen@Hyland.com

SOURCE:Hyland