What Is The Role Of Blockchain In Education?

Binstitutions. Another way to safeguard your diploma is using DeepVault, which will provide an instant verification of authenticity. The portal essentially uses the digital ledger to locate the transaction ID (identifying when the digital record was added to the blockchain), checking the keys, and confirming that nothing has changed since the addition of the recording.

Since each certificate or diploma is registered as a transaction on the blockchain network, it prevents any attempt of fraud or tampering. Many other examples are

emerging from universities offering digital blockchain credentials or new educational companies, such as Gradbase, that offer instant solutions and verification of academic records.

In fact, University College London uses Gradbase to issue diploma certificates for certain courses. The student, or the owner of the qualification, receives a QR code that can be included on their CV and LinkedIn profile. Employers can easily check the authenticity of diplomas. The Open University Knowledge Media Institute (KMI) is also experimenting with improving certification standards and expanding the use of Blockchain technology in education.

With its history in flexible e-learning, The Open University has more than 170,000 students using its own open learning platform, and now it is working with APPII ,a Blockchain Career Verification Platform, to create a platform for recording and verifying student records.

Therefore, the possibility of developing a blockchain strategy to classify all courses within the university could help reduce costs and strengthen the validity of the qualifications obtained.

As lifelong learning is more important than ever, employees face a constant need to improve their skills, that’s why education systems and recruitment processes need to be more effective and immersive to adapt to the changing circumstances and different requests.

And That’s why blockchain has great potential in the education sector.

It enables graduates to build a secure and verifiable digital record of the qualifications, experience and general skills acquired during their lifetime. In addition, using a smart contract, blockchain applications could offer students the opportunity to better control their own education by providing flexible access to content and courses based on past successes or failures and their achievements.

Although Bockchain technology is in development, we are already seeing real benefits. Education is a crucial sector where different systems need to adapt to prepare students for tomorrow’s jobs. -

lockchain has the potential to transform the global economy through its ability to increase transparency and trust. How?