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What is the difference between a transcript and diploma?

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What is the difference between a transcript and diploma?

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An official transcript is the most authoritative way to show your degree conferral and is a copy of your permanent academic record. Your final transcript will display your degree, major, concentration, minor, honors, and grades (where applicable). A diploma is document that testifies you successfully completed your degree. It is usually displayed for personal or business use to recognize your achievement. Your diploma will display your major and honors (if earned).

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It seems to me that in our time, both of them no longer have much value, since anyone can easily buy fake documents. The most important thing for me personally is that a person should have the skills and knowledge that they use in their current work

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